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Commercial Land with Decommissioned Tanks

101 Cherry Avenue, Inverness, FL 34450

For Sale
$750,000

Commercial Sale, Inverness, FL

Property SizeContact for details
Lot Size0.31 Acres
Days on Market117

Property Features for 101 Cherry Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C
Parking features Driveway, Open
Lot features Corner Lot
Subdivision LaBelle
Standard status Active
APN 1760437
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LA BELLE ADDITION TO THE CITY OF INVERNESS PB 1 PG 55, THE S125 FT OF E 125 FT OF SE 1/4 LOT (BLOCK) 15, LYING IN SE 1/4OF NE 1/4 SEC 18 TWN 19S RNG 20E.
Tax Annual Amount 5386
Legal Description LA BELLE ADDITION TO THE CITY OF INVERNESS PB 1 PG 55, THE S125 FT OF E 125 FT OF SE 1/4 LOT (BLOCK) 15, LYING IN SE 1/4OF NE 1/4 SEC 18 TWN 19S RNG 20E.

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1998
Flooring type Concrete
Building materials Block
Roof type Flat
Listing Agency: DIANA G.MARCUM P.A.
Listed By: Diana Marcum · License #128665
Added: Jul 15 Changed: Nov 8 Last Checked: Nov 8 at 5:06AM
MLS# CC856372

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.

Rey
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Investment Insights

Based on property information with market context.

This 0.31-acre commercial land parcel at 101 Cherry Avenue is zoned C. The existing improvements include a block structure with a flat roof, concrete flooring, central air, and heat-pump heating. Public water and sewer serve the property. Former fuel pumps have been removed, and underground storage tanks have been decommissioned and filled.

The site is on Main Street in Inverness, near restaurants, Citrus Memorial Hospital, medical offices, Citrus High School, City Hall, and residential areas.

Key Highlights

  • 0.31‑acre commercial parcel zoned C
  • Former fuel pumps removed; underground storage tanks decommissioned and filled
  • Public water and public sewer service

Property Analytics

Who owns this building? See the owner, sales and loan history
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Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store HVAC Service Kitchen & Bath Showroom Building Supply Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,219
Businesses Nearby

Demographics for 34450, FL

10,788
Population
6,642
Households
1.6
Avg Household Size
59
Median Age
25%
College-Educated
92%
High-School Grad
31.2 sq mi
ZIP Area
346
Density / Sq Mi
$48,955
Median Household Income
$39,409
Median Earnings
$973
Median Rent
$210,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Inverness

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - A 0.31-acre parcel on Main Street has public water and sewer service, with zoning designated C.
Where is this commercial land located?
The property is located at 101 Cherry Avenue Inverness, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 0.31‑acre commercial parcel zoned C; Former fuel pumps removed; underground storage tanks decommissioned and filled; Public water and public sewer service
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Includes: Price & PSF · Cap rate · Location · Zoning

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