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    10317 W Yulee Drive Homosassa, FL 34448

    View on Map
    Picture of Restaurants at 10317 W Yulee Drive, Homosassa, FL
    Pending
    $395,000

    SINGLE_FAMILY - Homosassa, FL

    Type:Retail
    Lot size:
    0.65 Acres
    Added:
    Mar 7, 2026
    Days on Market:
    24
    Last Refresh:
    Mar 31 at 6:06 pm

    Property Features for 10317 W Yulee Drive

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Zoning
    GNC
    Parking features
    RV, Driveway
    Exterior features
    BlacktopDriveway
    Standard status
    Pending
    APN
    1142326
    Lot size
    0.65 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    BEG AT SW COR OF SE1/4 OF SW1/4 OF SE1/4 29-19-17 TH N 1 DEG 24M 5S W AL W LN OF SE1/4 OF SW1/4 OF SE1/4 132.42 FT TO PT ON S R/ W LN OF 50 FT WD CR BEING 25 FT FROM MEAS AT RIGHT ANG TO CTRLN OF CR TH N 59 DEG 49M 47S E AL S R/W LN 250.81 FT TO PT O N W R/W LN OF SR 490 BEING 30 FT FROM MEAS AT RIGHT ANG TO CTRLN OF SR 490 TH AL W R/W LN FOL COURSES & DIS: S 24 DEG 24M 30S W 171.13 FT TH S 20 DEG 28M 30S W 111 FT TO PT ON S LN OF SE1/4 OF SW1/4 OF SE1/4 TH N 89 DEG 14M W AL S LN 104.06 FT TO POB EXC RD R/W (BK 688 PG 1075)DESC IN OR BK 1259 PG 1521 & OR BK 1598 PG 1993 & OR BK 1607 PG 1089 & OR BK 1709 PG 625 OR BK 2341 PG 993
    TaxAnnualAmount
    2525

    Utilities

    Sewer type
    Septic Tank
    Cooling system
    Ductless, Central Air
    Water source
    Public

    Building Details

    Year built
    1980
    Floors in Building
    1
    Flooring type
    Concrete, Vinyl
    Building materials
    Block, Concrete
    Roof type
    Metal
    Additional Structures
    Barn(s)

    We can help!

    Listing Contact
    Nadeene Horak
    Nadeene Horak

    Listing agent Nadeene Horak License #3434697

    Listing office Sail Home Realty 6634 S Pine Meadow Ave., FL

    Listing date Mar 7, 2026

    MLS# 852953

    Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Homosassa Commercial Land For Sale

    This commercial property is zoned GNC and situated on 0.65 acres, offering excellent road visibility and steady traffic exposure. Located in Old Homosassa, the property presents outstanding potential for a variety of businesses and concepts. It is a great opportunity for investors or entrepreneurs looking to establish a pizza shop, hot dog stand, ice cream store, sandwich shop, or other quick-service concept in a high-visibility location. Several storage buildings are included in the sale, along with an RV located under a large metal carport. The property is located in Homosassa, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nauti Time Seafood ... Restaurant Nautical Tours and More (Bike/Boat/Book/etc) Store Sassa Style Rentals Service Establishment

    Suggested Use

    Restaurant Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Department Store Kitchen & Bath Showroom Food Market Storage Facility Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Homosassa
    County
    Citrus
    State
    Florida
    Longitude
    -82.60562
    Latitude
    28.789399

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    FAQs

    What type of property is this?
    Restaurant - Commercial property with excellent road visibility in Old Homosassa.
    Where is this restaurant located?
    The property is located at 10317 W Yulee Drive Homosassa, FL.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Commercial GNC Zoning with restaurant property potential.; High‑visibility location on 0.65 acres with steady traffic exposure.; Ideal for quick‑service restaurant concepts (pizza, hot dogs, ice cream, sandwiches).
    (352) 207-6227
    We can help!
    Listing Contact
    Nadeene Horak
    Nadeene Horak
    Real Estate License ID: 3434697
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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