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1415 South St, Leesburg
Well located property in the heart of Leesburg and next door to Walgreens at the busy intersection of US Hwy 27 and South Street - daily traffic counts of 40,000 (Hwy 27) and 22,000 (South St). Subject property has an easement for access, ingress/egress over all of the Walgreens site thus easy access from South St and Hwy 27. On site drainage and retention already constructed resulting in net usable acreage of .75 acres that is ready for construction. Site is 1 mile from Venetian Gardens, a lakefront City park that is going thru a $10 million plus renovation, Leesburg Regional Medical Center, and a new Marriot hotel that will break ground in 2019. The Villages continues it's rapid growth to the west of Leesburg that will benefit this site as well. Property is also located in a designated OPPORTUNITY ZONE which provides capital gains tax benefits, including tax free treatment for all future appreciation if held for at least 10 years, when reinvesting sales proceeds in this designated area.
- MLS® #G5014689
- UtilitiesSewer Available, Water Available
- ViewCleared, Corner Lot/Unit, In City Limits, Level, Sidewalk, Street Lights, Retention Areas
- Days on Market2420
- Address1415 South St
- CountyLake County
- Zip Code34748
- Lot Description1/2 Acre to 1 Acre
- Listing OfficeGrizzard Commercial Realestate
Listing information courtesy of Grizzard Commercial Realestate.
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.
Listing information last updated on June 4th, 2020 at 11:15pm EDT.