10241 N Florida Avenue, Citrus Springs, FL 34434
1.35 acre commercial property with 3,280 SF building.
- Added:
- Feb 11, 2025
- Days on Market:
- 491
- Last Refresh:
- May 20 at 12:22 am
Property Features for 10241 N Florida Avenue
General Information
- Standard status
- Active
- Size
- 3,280 SF
- Lot size
- 1.35 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1988
Listing agent James Morton License #123629 (352) 422-2173
Listing office Century 21 J.W.Morton R.E. (352) 422-2173
Listing date Feb 11, 2025
Source Exitrealty
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 R.E.
HighLights
- 1.35 acre commercial corner lot on US 41
- 3,280 sq.ft. free‑standing building
- Exceptional visibility and accessibility
- Lighted corner location
- Across from Citrus Springs Main Entrance
- Ideal for walk‑in or drive‑thru businesses
Overview
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Citrus Springs
- County
- Citrus
- State
- Florida
- Longitude
- -82.4528
- Latitude
- 29.0129
