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4655 N Carl G. Rose Highway, Hernando, FL, 34442
Freestanding Building with Highway Frontage

4655 N Carl G. Rose Highway Hernando, FL 34442

For Sale
$285,000

SINGLE_FAMILY - Hernando, FL

Property Size1,629 SF
Lot Size0.48 Acres
Price / SF$174.95
Days on Market246

Property Features for 4655 N Carl G. Rose Highway

General Information

Property type
Residential
Property subtype
Office
Zoning
GNC
Exterior features
Landscaping
Standard status
Active
APN
1594502
Lot size
0.48 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
Apache Shores, Unit 1, The North 140' of Block 5, described in OR BK 850, PG 785 and OR BK 1666, PG 377
Tax Annual Amount
2818

Utilities

Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Well

Building Details

Year built
1992
Floors in Building
1
Flooring type
Carpet, Wood
Building materials
Stucco
Roof type
Metal
Listing Agency: Parsley Real Estate, Inc.
Listed By: Dixie Parsley · License #166108
Added: Nov 19, 2025 Changed: Jun 8 Last Checked: Jul 23 at 7:06PM
MLS# 850063

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.


Investment Insights

Based on property information with market context.

This freestanding commercial building was constructed in 1992 and offers approximately 1,629 square feet of interior space. An additional 200 square feet screened rear porch can serve as storage, a break area, or an adaptable workspace. The property was improved with a metal roof installed in 2015, and the site is supported by paved parking for day-to-day operations.

The corner parcel provides approximately 140 feet of frontage on State Rd. 200 and includes a center turn lane to support convenient ingress and egress. Paved road access is available on all four sides, which can help simplify deliveries and service vehicle access from multiple directions.

With GNC zoning, the property is positioned for flexible retail, professional, or service-based use cases. Its combination of highway exposure, paved multi-directional access, and on-site parking can make it a practical fit for businesses that value straightforward customer access and functional outdoor space for day-to-day operations.

Key Highlights

  • 140' frontage on State Rd. 200 with a center turn lane for easier access
  • Corner parcel with paved road access on all 4 sides for customer, delivery, and service vehicle ingress/egress
  • 1,629 SF building (built 1992) plus an additional 200 SF screened rear porch for storage or adaptable workspace

Financial Insights For Office B

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 $29.3k $18.00
− Vacancy −$6.5k −$3.96
EGI $22.9k $14.04
− OpEx −$5.7k −$3.51
NOI $17.2k $10.53
1,629 SF · lease $18.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$245.0K
$214.4K – $285.9K (±1% cap)
NOI $17,153 @ 7.0% cap · market cap 6.02%
Second Best
Retail
$223.6K
$195.6K – $260.9K (±1% cap)
NOI $15,651 @ 7.0% cap · market cap 5.49%
Theoretical Best
Specialty Retail
$366.0K
$320.3K – $427.0K (±1% cap)
NOI $25,622 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

FAQs

What type of property is this?
Office building - Corner commercial building with wide highway frontage, paved parking, and multiple access points for customers and services.
Where is this office building located?
The property is located at 4655 N Carl G. Rose Highway Hernando, FL.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 140' frontage on State Rd. 200 with a center turn lane for easier access; Corner parcel with paved road access on all 4 sides for customer, delivery, and service vehicle ingress/egress; 1,629 SF building (built 1992) plus an additional 200 SF screened rear porch for storage or adaptable workspace
More about this property
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