North Oakland Street

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North Oakland Street

Leesburg, FL 34748
Asking Price
$300K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel spans 4.31 acres of land in Leesburg
  • Located on North Oakland Street in Florida
  • Available for purchase at an asking price of $299,900
  • Site coordinates situated at 28.8134, -81.8912
  • Versatile land suitable for diverse commercial development projects

What's Special

Leesburg serves as a growing hub within Lake County, benefiting from its central position in the Florida peninsula. This 4.31-acre parcel on North Oakland Street provides substantial land for development in a region experiencing consistent regional growth. Its proximity to major thoroughfares supports accessibility for both commercial and residential projects, catering to investors looking to establish a presence in an active Florida submarket. The site remains a versatile option for buyers interested in land acquisition within a developing municipality. Potential use cases for this acreage include site-specific commercial development, expansion projects, or other ventures aligned with local zoning regulations. The asset offers a defined footprint for future planning and construction, allowing developers to capitalize on the increasing demand for space in the Leesburg area. Its scale and positioning represent a functional addition to an investment portfolio, suitable for those seeking a development-ready site in a stable market environment.

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NOI
$80,000
Cap Rate
26.68%
DSCR
4.49
Strong
Cash-on-Cash
69.13%
Monthly Payment
$1,483.742
Annual Cash Flow
$62,195.101

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