Bzaico

Description

Exceptional opportunity to build in the growing City of Leesburg! This prime residential or multifamily building site is one of the few remaining vacant parcels available within the city limits. Boasting frontage on two paved streets, the property offers excellent accessibility and flexibility for development. With the potential to split the lot (subject to city approval) or develop multiple residential units, this property offers outstanding opportunities for builders, investors, and developers. Conveniently located just minutes from vibrant Downtown Leesburg, UF Health Leesburg Hospital, shopping, dining, and local amenities, it's an ideal location for a custom home, income-producing property, or multifamily project. City water and sewer are available, making development even more convenient. Don't miss this rare chance to own a versatile piece of land in one of Leesburg's rapidly growing areas with endless possibilities.

RRENA EstimateLow confidence

$91k

+3.9% vs asking

Based on 24 comparable sales within 4 miles of LEESBURG, FL. priced under RENA estimate.

Reference only. Estimates blend public comps, cap-rate trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your broker.

Location

MAGNOLIA STREET, LEESBURG, FL

Open in OpenStreetMap

Verified by bzaico

Identity-confirmed broker, license checked against the state board on the day of listing. Title and tax records cross-referenced by RENA. Discrepancies, if any, are surfaced in the deal room.