Free-Standing Corner Retail
For Sale
Contact for pricing
10241 N Florida Ave, Citrus Springs, FL 34434
Lighted corner free-standing building on a commercial lot with parking, positioned across from the Citrus Springs main entrance.
Property Size3,280 SF
Lot Size1.35 Acres
Price / SF$236.28
Days on Market10
Property Features for 10241 N Florida Ave
General Information
Standard status
Active
Size
3,280 SF
Lot size
1.35 Acres
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Century 21 J.W. Morton Real Estate, Inc.
(352) 586-3666
Listed By:
Thao Le · License #3390499
(352) 586-3666
Source:
Moodyscre
Added: Jul 22
Changed: Jul 25
Last Checked: Jul 25 at 6:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 J.W. Morton Real Estate, Inc.
Investment Insights
Based on property information with market context.
This commercial property includes a 3,280-square-foot free-standing building situated on a 1.35-acre, lighted corner lot. The site is positioned for strong visibility and convenient parking, supporting retail and service uses that rely on walk-in customers and drive-through traffic.
The property is located on US 41 across from the main entrance to Citrus Springs, an added convenience point for area visitors and customers.
The building and site are offered for sale with suitability described for a range of commercial uses, including walk-in and/or drive-through operations such as fast-food restaurants, coffee shops, pharmacies, medical clinics, service industries, retail outlets, educational facilities, and dry cleaners. Contact the broker for details or to schedule a showing.
The property is located on US 41 across from the main entrance to Citrus Springs, an added convenience point for area visitors and customers.
The building and site are offered for sale with suitability described for a range of commercial uses, including walk-in and/or drive-through operations such as fast-food restaurants, coffee shops, pharmacies, medical clinics, service industries, retail outlets, educational facilities, and dry cleaners. Contact the broker for details or to schedule a showing.
Key Highlights
- 1.35‑acre commercial lighted corner lot on US 41
- 3,280 SF free‑standing building
- Located across from the Citrus Springs main entrance
Financial Insights For Specialty 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 | $72.0k | $21.96 |
| − Vacancy | −$3.2k | −$0.99 |
| EGI | $68.8k | $20.97 |
| − OpEx | −$17.2k | −$5.24 |
| NOI | $51.6k | $15.73 |
3,280 SF · lease $21.96/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$737.0K
$644.9K – $859.9K
NOI $51,591 @ 7.0% cap · market cap 6.66%
Second Best
Healthcare Medical
$655.2K
$573.3K – $764.4K
NOI $45,866 @ 7.0% cap · market cap 5.92%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Explore this area
Business Placement
Demographics for 34434, FL
9,582
Population
4,559
Households
2.1
Avg Household Size
47
Median Age
17%
College-Educated
90%
High-School Grad
26.3 sq mi
ZIP Area
364
Density / Sq Mi
$56,553
Median Household Income
$35,245
Median Earnings
$1,226
Median Rent
$211,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Lighted corner free-standing building on a commercial lot with parking, positioned across from the Citrus Springs main entrance.
Where is this retail space located?
The property is located at 10241 N Florida Ave Citrus Springs, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 1.35‑acre commercial lighted corner lot on US 41; 3,280 SF free‑standing building; Located across from the Citrus Springs main entrance
