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    102 Highland Blvd Inverness, FL 34452

    Sponsored
    For Sale
    $450,000

    High-profile location, 2,520 sq ft office.

    Property size:
    2,520 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2,520 square foot commercial office building presents a unique investment opportunity in the thriving city of Inverness, Florida. Strategically situated at a prominent four-way intersection within city limits, this stand-alone structure boasts high visibility and accessibility. Constructed of durable concrete block and stucco, the building is conveniently located just three blocks from the HCA Citrus Memorial Hospital complex, ensuring a steady stream of potential clientele. Previously utilized as a pharmacy, the building offers dual entrances from both Highland Boulevard and Apopka Avenue, maximizing exposure and convenience. Significant upgrades have been implemented, including a new roof installed in 2014 and a new air conditioning system in 2013, ensuring efficient and cost-effective operation. All existing cabinetry and office furniture are included in the sale, providing a turnkey solution for a new owner. The 0.37-acre lot offers ample space for parking and potential expansion. In addition to the sale price of $450,000, the property is also available for lease at $16 per square foot, triple net (NNN), with a minimum three-year lease term and renewable options, subject to tenant qualification. This versatile property is ideal for a variety of commercial uses and represents a compelling investment opportunity in a rapidly growing area.

    Property Features for 102 Highland Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,520 SF
    Lot Size
    16,117 SF

    Building Details

    Year Built
    1994
    Property Profile Location Intelligence

    Current Use by Public Records

    B&W Rexall Drugs Pharmacy William Snyder Pharmacy Wendy Ortiz Pharmacy Jessica E. Jarvis, ... Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Inverness
    County
    Citrus
    State
    Florida
    Longitude
    -82.3297
    Latitude
    28.83256

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    FAQs

    What type of property is this?
    Office Property / Space - High-profile location, 2,520 sq ft office.
    Where is this office property / space located?
    The property is located at 102 Highland Blvd Inverness, FL.
    What is the asking price?
    The asking price for this property is $450,000.
    (352) 726-9533
    Request Owner's contact information
    102 Highland Blvd Inverness, FL 34452
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    Inverness, FL 34452
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 Highland Blvd Inverness, FL 34452
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