2018 N FLORIDA AVENUE, Hernando, FL 34442
Retail - HERNANDO, FL
- Added:
- Sep 5, 2025
- Days on Market:
- 284
- Last Refresh:
- Jun 15 at 12:06 pm
Property Features for 2018 N FLORIDA AVENUE
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- GNC
- Standard status
- Active
- APN
- 19E-18S-26-0000-2A000-0010
- Size
- 2,960 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 2139.02
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1970
- Building materials
- Metal Siding
- Roof type
- Metal
- Architectural style
- Other
Listing agent Janet Bega License #3162684 (352) 400-0529
Listing office LANDMARK REALTY 311 W. Main Street, FL (352) 726-5263
Listing date Sep 5, 2025
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two commercial properties for the price of one in a high‑traffic area.
- 200 feet of frontage on Highway 41 providing excellent visibility and accessibility.
- Versatile main building with six offices/rooms, built‑in features, kitchen, bathrooms, and sales areas.
- Warehouse/garage area with three bay doors and an office.
- Included adjacent lot zoned GNC for additional parking, storage, or business use.
- Main building currently occupied by two businesses providing immediate income potential.
Overview
The combined offering provides 200 feet of frontage on Highway 41, supporting visibility and straightforward customer and delivery access. The adjacent lot is included in the sale and is zoned GNC, providing flexibility for additional parking, storage, or another business use consistent with the existing zoning.
With its mix of customer-facing space, multiple offices, and a garage/warehouse component, this property can fit a range of owner-users and investors seeking a versatile footprint for retail plus back-of-house operational space. The presence of two current businesses underscores the building’s dual-use layout and established operational configuration. The zoning for both parcels is GNC.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.4k | $15.00 |
| − Vacancy | −$3.8k | −$1.28 |
| EGI | $40.6k | $13.73 |
| − OpEx | −$12.2k | −$4.12 |
| NOI | $28.4k | $9.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hernando
- County
- Citrus
- State
- Florida
- Longitude
- -82.369502
- Latitude
- 28.892018
