Property
ActiveCommercial
1/14
$300,000

TBD GOURLEY AVENUE

Leesburg, FL 34748
0
Beds
0
Baths
255,262
SqFt
5.86
Acres
STELLAR
#G5104349
Updated: Jun 29, 2026, 2:38pm

Property Description

Nearly 6 Acres in the Expanding Leesburg Growth Corridor – PUD Development Opportunity with Significant Residential Potential. Positioned in one of Leesburg’s rapidly growing areas, this exceptional development site offers investors and builders the opportunity to capitalize on the region’s increasing housing demand and ongoing expansion. The property carries a Planned Unit Development (PUD) designation designed to encourage flexible, innovative, and market-responsive development opportunities compatible with surrounding land uses and the City’s Growth Management Plan. Potential uses may include single-family attached or detached residences, townhomes, villas, multi-family apartment communities, senior housing, or assisted living facilities—buyer to verify all intended uses, density allowances, and development requirements with the City of Leesburg Planning & Zoning Department. Current zoning may allow for up to 96 units, subject to verification. Strategically located between an established 55+ manufactured home community and an existing apartment complex, the site is ideally positioned as a natural extension of surrounding residential development. The area continues to experience strong population growth, increasing residential demand, and expanding infrastructure, making this an attractive opportunity for developers seeking a project in a high-growth corridor. Utilities are nearby, potentially supporting a more streamlined and cost-effective development process. Included in the offering are two parcels: ALT# 1773199 and ALT# 3859529. Opportunities offering this level of flexibility, scale, and future potential are becoming increasingly limited in the Leesburg market. Bring your vision and explore the possibilities this prime development site has to offer.
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Property Details

Interior
Building Area Total
255262
Cooling
Other
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Other
Foundation Details
Other
Living Area Units
Square Feet
Year Built
2010
Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
5.86
Lot Size Area
5.86
Lot Size Dimensions
321 x
Lot Size Square Feet
255262
Lot Size Units
Acres
Number Of Lots
2
Public Survey Range
24E
Public Survey Section
22
Road Frontage Type
Other
Road Surface Type
Other
Total Acreage
5 to less than 10
Zoning
PUD
Financials
Additional Parcels
Yes
Additional Parcels Description
22-19-24-0003-000-45700
Calculated List Price By Calculated Sq Ft
1.18
Contract Status Change Date
2025-11-10
Current Price
300000
Feed Types
BBO
Owner Name
LORD LYALL
Ownership
Other
Parcel Number
221924000300017400
Public Survey Township
19S
Tax Annual Amount
796.35
Tax Block
000
Tax Book Number
000
Tax Legal Description
FROM SE COR OF NE 1/4 OF SE 1/4 OF SW 1/4 RUN N 89-20-40 W 416.46 FT N 0-14-50 E 98 FT FOR POB CONT N 0-14-50 E 502 FT N 89-20-40 W 165 FT S 0-14-50 W 320.91 FT S 88-30-20 E 100.33 FT S 02-04-22 W 179.73 FT S 89-20-40 E PARALLEL TO THE S LINE OF NE 1/4 OF SE 1/4 OF SW 1/4 A DIST OF 70.36 FT TO POB ORB 3964 PG 394 ORB 5231 PG 424
Tax Lot
000
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34748 - Leesburg
Listing provided courtesy of STELLAR via IDX. Updated: Jun 29, 2026, 2:38pm.
Janice Patterson

Listing Agent

PATTERSON REALTY

Call Agent