Great opportunity in a great location for Multifamily and/or Industrial Flex Warehouse development. This 18± acre site has 565± feet of frontage on County Road 468 near West Main Street (State Road 44). The site offers potential for multifamily development at a potential density of 15 to 18 dwelling units per acre, subject to annexation into Leesburg and City approval of a residential future land use designation and compatible zoning. Nearby properties with Leesburg Industrial future land use and M-1 zoning also provide a basis for exploring small-bay flex industrial space, distribution and warehousing, RV and boat storage, or self-storage.
City of Leesburg utilities, including water, sewer, gas, and power, are available, subject to City confirmation of connection points. Development is subject to all applicable government approvals.
All information is believed to be accurate but is subject to independent verification by the buyer.
Listing Courtesy of: GRIZZARD COMMERCIAL REALESTATE
352-787-6966
| Listing Id: | G5120061 |
|---|---|
| List Price: | $3,295,000 |
| Property Type: | Land |
| Property Sub Type: | Residential |
| Status: | Active |
| Tax Annual Amount: | $5,823 |
| Lot Size Square Feet: | 782,358 |
| Lot Size Acres: | 17.96 |
| Waterfront?: | No |
| City: | Leesburg |
| County Or Parish: | Lake |
| Postal Code: | 34748 |
| Additional Parcels?: | No |
| Building Area Units: | Square Feet |
| Current Use: | Residential |
| Directions: | From the intersection of W. Main Street and CR 468, drive North on CR 468 for approximately 0.13 mile and the property will be on the left. |
| Listing Contract Date: | 2026-11-02 |
| Ownership: | Fee Simple |
| Living Area Units: | Square Feet |
| Lot Features: | In County |
| Lot Size Acres: | 17.96 |
| Lot Size Dimensions: | irr |
| Postal Code Plus4: | 8697 |
| MLS Area Major: | 34748 - Leesburg |
| MLS Area Major: | 34748 - Leesburg |
| Other Structures: | Other |
| Original List Price: | $3,295,000 |
| Parcel Number: | 21-19-24-0003-000-10700 |
| Township: | 19S |
| Road Frontage Type: | County Road |
| Road Surface Type: | Asphalt, Paved |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2026 |
| Sewer: | Septic Tank |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Association?: | No |
| Utilities: | Electricity Available |
| Water Source: | Well |
| Number Of Lots: | 1 |
| Public Survey Range: | 24E |
| Public Survey Section: | 21 |
| Zoning: | A |
| Possession: | Close Of Escrow |
| Alternate Key Folio Num: | 241921000300010700 |
| Calculated List Price By Calcula: | 4.21 |
| Current Adjacent Use: | Commercial, Residential |
| Flood Zone Code: | X, AE |
| For Lease Yn: | No |
| Listing Exclusion Yn: | No |
| Lot Size Square Meters: | 72683 |
| Price Per Acre: | 183463 |
| Realtor Info: | No Sign, Survey Available |
| Road Frontage Ft: | 565 |
| Sdeo yn: | No |
| Total Acreage: | 10 to less than 20 |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | 352-787-6966 |
| Originating System Name : | Stellar MLS |
| Designated Builder Yn: | No |
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Property Last Updated: November 10, 2026 03:57 AM - ET
