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About this home
Us Highway 27 is a home Leesburg. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
US Highway 27 (Blueridge) Development Opportunity – Leesburg, Florida FULLY ENGINEERED • SITE PLAN APPROVED • PERMITTED • TURNKEY DEVELOPMENT OPPORTUNITY • READY TO BUILD • EXCELLENT VISIBILITY INVESTOR ALERT! Prime development opportunity on 10± acres with approximately 6± acres of usable development area, ideally positioned at the corner of US Highway 27 and El Presidente Boulevard in Leesburg, Florida. The property features a fully engineered and approved site plan for a 130,200 SF climate-controlled self-storage facility totaling 571 units. This commercially zoned development site offers approximately 400 feet of frontage on US Highway 27, providing excellent visibility and convenient access along one of Central Florida's busiest commercial corridors. Approximately 60,000 vehicles pass the property daily, creating outstanding exposure. The site also benefits from public water and public sewer availability. The surrounding area continues to experience significant residential and population growth, with approximately 20,000 new homes planned or under construction within a 5-mile radius. According to the U.S. Census Bureau's Vintage 2024 Population Estimates, Leesburg's population increased 18.5% between July 1, 2023 and July 1, 2024, ranking it the third-fastest-growing city in the United States among cities and towns with populations of 20,000 or more. Strategically located just minutes from downtown Leesburg and major transportation connections, the property is surrounded by expanding residential communities, retail centers, and established service businesses. With approximately 6± usable development acres, extensive engineering and planning already completed, excellent highway exposure, and an approved 571-unit climate-controlled self-storage project, this property presents an exceptional turnkey development opportunity for developers and investors seeking a ready-to-move-forward project in one of Central Florida's fastest-growing markets.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
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Price
$4,999,900
Time on market
100 days
Monthly payment
About $29,055/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,749 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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