
US HIGHWAY 27, LEESBURG, FL, 34748
Active25 days on marketListed Jul 9, 2026MLS #G5114761
About this home
US HIGHWAY 27
Prime development opportunity on 10± acres with an estimated 6± acres of usable development area on US Highway 27 in Leesburg, Florida. The property has preliminary approval for a 130,200 SF self-storage facility consisting of 571 units, offering a significant head start in the development process. Included in the sale are approximately $250,000 worth of engineering, architectural, and development plans, providing substantial time and cost savings for the next owner. A qualified contractor is available to complete the project for $10,500,000. This undeveloped, commercially zoned parcel features approximately 400 feet of frontage on US Highway 27, providing outstanding visibility and convenient access along one of Central Florida's busiest commercial corridors. With approximately 35,000 vehicles passing the property each day, the site offers exceptional exposure for future development. The surrounding area continues to experience rapid growth, with approximately 20,000 new homes planned or under construction within a 5-mile radius, creating strong demand for commercial services and self-storage. Strategically located just minutes from downtown Leesburg and major transportation routes, the property is surrounded by expanding residential communities, retail centers, and established service businesses. With approximately 6± usable development acres, this site is ideally suited for self-storage, commercial, or other permitted development opportunities, subject to final approvals and permitting. Large, undeveloped tracts with this level of entitlement progress and highway exposure are becoming increasingly rare in the area. READY TO START CONSTRUCTION.
Facts & features
The home at a glance
10 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$29,493 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$29,493/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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.
Where it sits
Inside Leesburg
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Leesburg. See the full Leesburg guide →
LEESBURG 34748 — neighborhood snapshot
Population
45,960
Median age
60.4
Median income
$53,768
Median home value
$226,200
Avg household
2.14
Households w/ children
3,516
For the school run
Lake County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Leesburg market
$269K → $290K
Leesburg median sold, yr/yr
96.1%
Sale-to-list ratio (12 mo)
Median sold price, Leesburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1686% above the LEESBURG 34748 median. See the full Leesburg market guide →
Paper trail
This home's history
Reality check
What actually sold near US HIGHWAY 27
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$204,900
26104 NEWCOMBE CIRCLE
2 bd · 2 ba · 1,124 sqft · $182/sqft · 149 DOM
Sold · Jul ’26$245,000
25948 NEWCOMBE CIRCLE
3 bd · 2 ba · 1,388 sqft · $177/sqft · 8 DOM
Sold · Jul ’26$292,000
3798 ARLINGTON RIDGE BOULEVARD
2 bd · 2 ba · 1,416 sqft · $206/sqft · 13 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Your agent
Kelly Baker
Sales associate · CENTURY 21 Edge
Tours, negotiation, and every question about US HIGHWAY 27 — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for US HIGHWAY 27 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Kelly's phone and CRM.
Straight answers
US HIGHWAY 27 FAQs
What would the monthly payment be for US HIGHWAY 27?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $29,493/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on US HIGHWAY 27?+
The most recent tax bill on record (2025) was $5,749. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Leesburg?+
At $4,999,900, this home is listed about 1572% above the Leesburg median of $299,000. The market section on this page shows how the area is trending.
Which schools are assigned to US HIGHWAY 27?+
Oak Park Middle School (middle), Leesburg Elementary School (elementary), Leesburg High School (high) — Lake County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of U.S. LAND & DEVELOPMENT LLC · David Bryant. MLS #G5114761.
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.
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