Retail Property with Two
For Sale
$240,000
7103 N CARL G ROSE Highway, Hernando, FL 34442
Commercial Sale, HERNANDO, FL
Property Size2,016 SF
Lot Size0.56 Acres
Price / SF$119.05
Days on Market276
Property Features for 7103 N CARL G ROSE Highway
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
GNC
Subdivision
ROYAL COACH VILLAGE UNREC SUB
Directions
From US-41, travel west on SR 200 (W Norvell Bryant Hwy) approximately 2 miles. Property is located on the right at 7103 N Carl G Rose Hwy, Hernando. The additional vacant parcel at 3784 E Camelot Pl is adjacent to the improved property.
Standard status
Active
APN
19E-17S-35-0000-2B0B0-00A0
Size
2,016 SF
Lot size
0.56 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ROYAL COACH VLG UNREC SUB LOT A BLK B : COM AT THE NE CAORNER OF THE SE 1/4 OF SEC 35-17-19 TH S 89DEG 52M 1 0S W AL THE N LN OF SD SE 1/4 A DIS OF 366.81 FT TO A PT ON THE SE'LY R/W LN OF ST RD 200 SD PT BEING 50 FT FROM MEASURED AT A RIGHT ANGLE TO THE CNTRLN OF SD ST RD 200 TH S 41DEG 56M 56S W AL SD R/W LN A DIS OF 539 .39 FT TO THE POB SD PT BEING ON THE SW'LY R/W LN OF A CO TD TH S 44DEG 53M 25S E AL SD SW'LY R/W LN A DIS O F 96.71 FT TH S 22DEG 29M 23S W 130 FT TH N 44DEG 53M 25S W 140.08 FT TO A PT ON THE SE'LY R/W LN OF ST RD 2 00 TH N 41DEG 56M 56S E AL SD R/W LN A DIS OF 120.18 F T TO THE POB
Tax Annual Amount
2145
Legal Description
ROYAL COACH VLG UNREC SUB LOT A BLK B : COM AT THE NE CAORNER OF THE SE 1/4 OF SEC 35-17-19 TH S 89DEG 52M 1 0S W AL THE N LN OF SD SE 1/4 A DIS OF 366.81 FT TO A PT ON THE SE'LY R/W LN OF ST RD 200 SD PT BEING 50 FT FROM MEASURED AT A RIGHT ANGLE TO THE CNTRLN OF SD ST RD 200 TH S 41DEG 56M 56S W AL SD R/W LN A DIS OF 539 .39 FT TO THE POB SD PT BEING ON THE SW'LY R/W LN OF A CO TD TH S 44DEG 53M 25S E AL SD SW'LY R/W LN A DIS O F 96.71 FT TH S 22DEG 29M 23S W 130 FT TH N 44DEG 53M 25S W 140.08 FT TO A PT ON THE SE'LY R/W LN OF ST RD 2 00 TH N 41DEG 56M 56S E AL SD R/W LN A DIS OF 120.18 F T TO THE POB
Utilities
Utilities
Electricity Available
Sewer type
Septic Tank
Cooling system
Window Unit(s), Wall/Window Unit(s), Central Air
Water source
Well
Building Details
Year built
1975
Floors in Building
1
Building materials
Block
Roof type
Metal
Listing Agency:
PROFESSIONAL REALTY OF OCALA
(352) 421-9183
Listed By:
Inayra Alvarez · License #3587986
(352) 533-9081
Added: Jan 1
Changed: Oct 4
Last Checked: Oct 4 at 3:06AM
MLS# OM718666
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.
Investment Insights
Based on property information with market context.
The corner parcel at 7103 N Carl G Rose Highway contains two concrete-block buildings with metal roofs. The property was previously used for restaurant and commercial purposes. It has a private well and septic system, and electricity is available. The combined offering also includes a vacant residential lot directly behind the commercial parcel at 3784 E Camelot Pl.
Together, the two parcels total approximately 0.56 acre and have frontage on SR 200, also known as N Carl G Rose Highway. The corridor carried approximately 9,500 vehicles daily according to 2025 FDOT traffic data. The property is zoned GNC; any future use or development is subject to applicable approvals.
Together, the two parcels total approximately 0.56 acre and have frontage on SR 200, also known as N Carl G Rose Highway. The corridor carried approximately 9,500 vehicles daily according to 2025 FDOT traffic data. The property is zoned GNC; any future use or development is subject to applicable approvals.
Key Highlights
- Two concrete‑block buildings with metal roofs
- Approximately 0.56 acre across two parcels
- Corner location with frontage on SR 200 (N Carl G Rose Hwy)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,369
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$387,380
$387.4K
Cap Rate 7%
$276,700
$276.7K
Cap Rate 9%
$215,211
$215.2K
Market Conditions
NOI Build-Up for 2,016 SF
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.
Gross rent
$30.2K $15.00/SF
− Vacancy
−$2.6K −$1.28/SF
EGI
$27.7K $13.73/SF
− OpEx
−$8.3K −$4.12/SF
NOI
$19.4K $9.61/SF
Area
Citrus County, FL
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$387,380
Cap Rate 7%
$276,700
Cap Rate 9%
$215,211
Alternative Uses
Best Use
Retail
$276.7K
$242.1K – $322.8K
NOI $19,369 @ 7.0% cap · market cap 8.07%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$453.0K
$396.4K – $528.5K
NOI $31,709 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
9,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Explore this area
Business Placement
Demographics for 34442, FL
16,759
Population
9,852
Households
1.7
Avg Household Size
63
Median Age
27%
College-Educated
95%
High-School Grad
36.4 sq mi
ZIP Area
460
Density / Sq Mi
$55,473
Median Household Income
$36,864
Median Earnings
$965
Median Rent
$295,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - A highway-fronting corner site pairs commercial improvements with a vacant parcel directly behind it.
Where is this retail space located?
The property is located at 7103 N CARL G ROSE Highway Hernando, FL.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two concrete‑block buildings with metal roofs; Approximately 0.56 acre across two parcels; Corner location with frontage on SR 200 (N Carl G Rose Hwy)
