Commercial Sale · Business
32416 COUNTY ROAD 473, LEESBURG, FL, 34788
Active89 days on marketListed Apr 27, 2026MLS #G5111244
About this property
The property at a glance
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.
4,100
Building sq ft
$366
Price / sq ft
0.97
Lot acres
1984
Year built
3
Buildings
CP
Zoning
Business
Property type
The numbers
Investment snapshot
6.1%
Cap rate
$91,874
Net operating income
$96,000
Gross income (yr)
Estimated payment (illustrative)
Estimated payment
$7,325/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
8,471
Population
$45,021
Median income
52
Median age
3
Avg household
$179,446
Median home value
$606/mo
Median rent
691
Households w/ kids
Consumer profile
Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.
This population lives as fast as the culture. They like to keep up with the latest trends, especially when it comes to apparel and accessories.
Passionate about style, smart chic searches high and low for the perfect look - but not one that will break the bank.
These people aren't afraid to nerd out. Common activities include comic books, video games, and often intellectual pursuits.
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Always seeking the next book, article, or poem to read, this activity is prevalent in areas where reading is a way of life. Although a solo activity, the expression of the love of books is a bonding, communal experience.
Recent sales
What actually sold near 32416 COUNTY ROAD 473
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$10,800
203 W ALFRED STREET
2,610 sqft · $4/sqft · Sold Apr 20, 2026
$21,600
500 W CAROLINE STREET
1,512 sqft · $14/sqft · Sold Feb 16, 2026
$10,200
227 N JOANNA AVENUE
400 sqft · $26/sqft · Sold Nov 6, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 32416 COUNTY ROAD 473 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 32416 COUNTY ROAD 473.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of FLORIDA REAL ESTATE GROWTH SERVICES · Lee Johnson. MLS #G5111244.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New LEESBURG listings, in your inbox
A daily digest of every new listing in LEESBURG — straight from the MLS, hours after it goes live. Unsubscribe anytime.