1,361 sqft | W North Blvd Leesburg FL 34748 | Lake County

Highlights:

• Versatile zoning allows for retail, office, commercial or service-based business use
• Excellent Visibility: Positioned on W North Blvd (US-441) with 32,000 Average Daily Traffic (AADT)—ideal for attracting high foot and drive-by traffic
• High ROI Opportunity: Potential Net Operating Income (NOI) of $21,772 from a 1,361 SF commercial space
• Turnkey Investment: Perfect for investors seeking stable returns or business owners looking for a prime commercial spot
• Bonus: The adjacent VACANT LAND is also available for sale, offering the potential for site assemblage or expanded development footprint

Description:

Address: 1116 W North Blvd, Leesburg, FL, 34748
County: Lake County
Parcel ID: 23-19-24-0200-000-03400
Zoning: C-3
Land size (sqft): 7,405.20
Land size (acre): 0.17
Layout:
1 unit with 1 bathroom

Google Maps Link: https://maps.app.goo.gl/rW3tGzf5uUhCivxH9

Rent info:
Current Gross Rent: $1,839.87/month
Current NOI: $15,965.58
Potential Gross Rent: $2,268.00/month
Potential NOI: $21,772.00
Rentable Sqft: 1,361

Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.

We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.

All information is provided as-is. Buyers are encouraged to perform their own due diligence.

Showing property visits by appointment only.
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