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Lasbury Tracy Realty Inc
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$1,500,000

Active

32416 County Road 473, Leesburg, FL 34788

6,708 sq ft

Listing courtesy of FLORIDA REAL ESTATE GROWTH SERVICES · MLS# G5111244

184 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this property

Property is currently under lease (real estate & equipment) and generates $96,000 Gross annual income, paid bi-weekly. Lease expires in 2033. Property to the rear is also available and is zoned Planned Commercial (CP). MLS# G5109897 This property is Centrally located in Lake County and is close to the Leesburg Airport and shopping. While information provided is deemed reliable, it is not guaranteed. Buyer assumes all responsibility for verifying facts and determining suitability for intended use.

Facts

Property type
Business
Year built
1984
Exposure
West
Flood zone
X
Annual taxes
$5,040/yr
Listed
Apr 20, 2026
MLS #
G5111244

Commercial details

Building & site

Building size
4,100 SF
Lot size
0.97 acres (42,300 SF)
Zoning
CP
Road frontage
County Road, Turn Lanes
Buildings
3
Occupancy
Tenant-occupied
Building features
Bathrooms, Common Lighting, Drive-Through, Dumpsters, Fencing, High Bays, Loft, Overhead Doors, Trash Removal

Investor metrics

Price per SF (MLS)
$365.85/SF
Cap rate
6.1%
Net operating income
$91,874/yr
Gross income
$96,000/yr
Annual expenses
$4,126/yr

As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.

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Take a tour

Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

32416 County Road 473, Leesburg, FL 34788

Listing courtesy of FLORIDA REAL ESTATE GROWTH SERVICES · MLS# G5111244 · Active

How would you like to see it?
Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

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Where this property is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

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Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 8:57 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]