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Leesburg, IN Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Leesburg, Indiana Market population: 21K. Compare commercial properties across all major asset classes with...

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Avg Property Tax Rate For Leesburg FL Properties: 0.9100%

πŸ“Š Average Income For Leesburg FL Commercial Property: $33,698

Investor Questions For Leesburg FL

Common questions from investors exploring commercial real estate in Leesburg FL.

What is the overall investment potential of Leesburg, FL, considering its demographic and economic factors? +
The city's median household income of $33,698, combined with a poverty rate of 21.4% and a health insurance coverage of 83.2%, suggests a working-class market with some employment stability. The top industries, including Finance & Insurance, and Real Estate & Rental & Leasing, indicate a diverse economy, while the median property value of $115,400 and median property taxes of $4,341 provide insight into the housing market. Additionally, the average commute time of 19.1 minutes and top commute methods, such as driving alone or carpooling, reflect a relatively convenient transportation system.
How does the ethnic diversity and industry landscape of Leesburg, FL, impact the demand for real estate investments? +
The city's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Black, contributes to a multicultural community, which can attract a wide range of residents and businesses. The top industries, including Finance & Insurance, and Real Estate & Rental & Leasing, as well as Public Administration and Construction, create a strong demand for housing and commercial properties, driven by a workforce with a median age of 40.2 and an employed population of 7,363.
What are the key factors to consider when evaluating the quality of life in Leesburg, FL, for real estate investment purposes? +
The average commute time of 19.1 minutes, health insurance coverage of 83.2%, and homeownership rate of 52.7% are essential quality-of-life metrics to consider. These factors, combined with the poverty rate of 21.4% and the GINI coefficient of 0.442, which indicates income inequality, provide a comprehensive understanding of the city's socio-economic landscape and its potential impact on real estate investments.
How does the housing market in Leesburg, FL, compare to other cities, and what are the implications for real estate investors? +
The median property value of $115,400 and median property taxes of $4,341 in Leesburg, FL, are relatively affordable compared to other cities. The homeownership rate of 52.7% and the average commute time of 19.1 minutes also suggest a stable and accessible housing market. However, the poverty rate of 21.4% and the income inequality, as indicated by the GINI coefficient of 0.442, may impact the rental market and property values, making it essential for investors to carefully evaluate these factors.
What are the potential risks and opportunities for real estate investors in Leesburg, FL, considering the city's economic and demographic trends? +
The city's diverse economy, with top industries including Finance & Insurance, and Real Estate & Rental & Leasing, presents opportunities for real estate investors. However, the poverty rate of 21.4% and income inequality, as indicated by the GINI coefficient of 0.442, may pose risks to investment returns. Additionally, the health insurance coverage of 83.2% and the average commute time of 19.1 minutes contribute to a relatively stable quality of life, which can attract residents and businesses, ultimately benefiting real estate investments.

Leesburg FL Real Estate & City Facts

Key facts and real estate information about Leesburg FL.

What are some of the best neighborhoods to live in Leesburg? +
Some of the best neighborhoods to live in Leesburg include Arlington Ridge, Plantation at Leesburg, and the south parts of the city. These neighborhoods are known for being well-maintained, peaceful, and having a friendly atmosphere. Additionally, the southeast regions of the city offer more affordable homes.
What are some fun things to do in Leesburg? +
There are plenty of fun things to do in Leesburg, including visiting Venetian Gardens Park, Paquette's Historical Farmall Tractor Museum, and Bourlay Historic Nature Park. You can also enjoy the city's special events like the Recreation Scholarship Golf Tournament, Soulfest MLK Celebration, and Leesburg Bikefest. Additionally, you can explore the city's water activities, such as kayaking or paddleboarding, and visit the nearby Mount Dora for more attractions.
What is the food scene like in Leesburg? +
The food scene in Leesburg is diverse and offers a range of options. Some popular restaurants include Oakwood Smokehouse & Grill, La Palma Mexican Grill, and Turners Kitchen + Bar. There are also plenty of great food trucks and unique eateries, such as Marmadukes Lodge and Candelaria Eatery & Cafe. You can find everything from burgers and wings to soul food and international cuisine.
What are the pros and cons of living in Leesburg? +
The pros of living in Leesburg include its well-maintained neighborhoods, friendly atmosphere, and plenty of outdoor activities. The city also hosts various special events and has a diverse food scene. However, some cons include the city's relatively high poverty rate and income inequality. Additionally, some areas of the city may have more affordable housing options, but may also have higher crime rates. Overall, Leesburg is a great place to live for those who value a peaceful and community-oriented lifestyle.
Is Leesburg a good place to live? +
Leesburg is a good place to live for those who value a peaceful and community-oriented lifestyle. The city offers a range of amenities, including outdoor activities, special events, and a diverse food scene. While it may have some drawbacks, such as a higher poverty rate and income inequality, the city's pros outweigh its cons. With its well-maintained neighborhoods and friendly atmosphere, Leesburg is a great option for families, retirees, and individuals looking for a relaxed and affordable place to live.
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