18301 Us Hwy 301 Citra, FL 32113-2369
This exceptional commercial property, located at 18301 N US Highway 301 in Citra, Florida, presents a significant investment opportunity. Situated on a 0.62-acre lot at the intersection of Highways 301 and 318, this property benefits from high traffic counts and excellent visibility. The substantial 3,599 square foot building offers ample space for a variety of commercial uses. Previously operating as a grocery store for many years, the building features a single restroom, central air conditioning and heating, and a convenient back door entrance. Its strategic location offers easy access to major transportation routes, including Interstate 10 via Highway 301 North and Palatka via Highway 318 East. The property is approximately 35 miles from Gainesville and 15 miles from Ocala, placing it within a thriving and growing area. Surrounding businesses, recreational opportunities such as Orange Lake, and the presence of numerous horse farms contribute to the area's appeal and potential for future growth. The property is being sold "AS IS" and is free of any existing leases, providing immediate occupancy and flexibility for the new owner. This is an ideal opportunity for an entrepreneur seeking a well-positioned commercial space in a rapidly developing region.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Citra, FLCitra. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.