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    20804 Pennsylvania Ave Dunnellon, FL 34431

    For Sale
    $405,000

    High-traffic location, versatile space, priced to sell!

    Property size:
    3,519 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 3,519 square foot mixed-use property, situated on a 0.7-acre corner lot in Dunnellon, Florida, presents a remarkable investment opportunity. Its prime location at a busy four-way stop ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The open floor plan is perfectly suited for retail display, showcasing merchandise effectively. Currently operating as an art gallery and housing a fiber optic network system, the property demonstrates adaptability and existing infrastructure. The building includes two restrooms, providing ample convenience for customers and employees. Parking is readily available with eight designated spaces on the property, supplemented by two additional street parking spots. The property is being sold subject to Florida Statute 163.380, concerning the disposal of property within a community redevelopment area. This presents a unique chance to acquire a well-positioned commercial space at an attractive price point. The building's versatile layout and prominent location offer significant potential for growth and return on investment. Don't miss this opportunity to own a thriving commercial property in a dynamic location. Priced to sell, this property won't last long.

    Property Features for 20804 Pennsylvania Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,519 SF
    Lot Size
    30,492 SF

    Building Details

    Year Built
    1961
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rainbow Springs Art, ... Art Gallery

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Clothing Store Nail Salon Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dunnellon
    County
    Marion
    State
    Florida
    Longitude
    -82.46502
    Latitude
    29.04922

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic location, versatile space, priced to sell!
    Where is this mixed-use property located?
    The property is located at 20804 Pennsylvania Ave Dunnellon, FL.
    What is the asking price?
    The asking price for this property is $405,000.
    (352) 804-2446
    Request Owner's contact information
    20804 Pennsylvania Ave Dunnellon, FL 34431
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    Dunnellon, FL 34431
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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
    20804 Pennsylvania Ave Dunnellon, FL 34431
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