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Dunnellon Income-Producing Commercial Property

7630 West Dunnellon Road Dunnellon, FL 34433

7630 West Dunnellon Road, Dunnellon, FL, 34433
$275,000
For Sale
Claim this Listing
$275,000

Commercial property in Dunnellon, Florida, currently leased for $2,000/month.

Property Size984 SF
Lot Size0.40 Acres
Price / SF$279.47
AddedJan 15, 2024
Days on Market912
Last RefreshJun 29 at 9:42 pm

Property Features for 7630 West Dunnellon Road

General Information

Standard status
Active
Size
984 SF
Lot size
0.40 Acres
Property subtype
OFC, SCR-FREE

Building Details

Year Built
1980

Listing office Keller Williams Realty Elite Partners/L

Listing date Jan 15, 2024

Source Realnex

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 Keller Williams Realty Elite Partners/L


Investment Insights

Based on property information with market context.

Located in Dunnellon, this income-producing commercial property presents an investment opportunity. Zoned GNC commercial, the property is situated on 0.40 acres. The 984 sq ft office includes a reception area (13.5x20), a screened front porch, one full bathroom, a kitchen area, and storage space. The property is currently leased for $2,000 a month. A circular drive provides ample parking. Additional expansion possibilities exist with the option to buy parcels on both sides: 7652 W Dunnellon Rd (0.20 acres) and 7622 W Dunnellon Rd (0.40 acres), both also zoned GNC. The property is located 7 miles from downtown Dunnellon and less than 6 miles from US 19 (Suncoast Blvd). The residential population of Citrus County has increased by 15.1% since 2010. The extension of the Suncoast Parkway 2, with a proposed exit a few short miles from the property, is underway. The property offers an approximate 6% cap rate.

Key Highlights

  • Income‑producing property, currently leased for $2,000/month (approximately 6% cap rate).
  • Zoned GNC commercial, offering diverse business possibilities.
  • Option to expand with adjacent parcels (7652 W Dunnellon Rd and 7622 W Dunnellon Rd) also zoned GNC.

Local Financial Insights For Office B

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 $17.7k $18.00
− Vacancy −$3.9k −$3.96
EGI $13.8k $14.04
− OpEx −$3.5k −$3.51
NOI $10.4k $10.53
984 SF · lease $18.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$148.0K
$129.5K – $172.7K (±1% cap)
NOI $10,362 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$221.1K
$193.5K – $258.0K (±1% cap)
NOI $15,477 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

488 Real Estate Real Estate Agency RPG Screening and Pool ... (Bike/Boat/Book/etc) Store ESI Maintenance Corp. Electrical Service Bloom SSI Electrical Service Hot Shocks Electrical Service

Suggested Use

Building Supply Auto Parts Store HVAC Service Law Firm Garden Center (Bike/Boat/Book/etc) Store Restaurant Grocery & Convenience Store Nail Salon Real Estate Agency

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

FAQs

What type of property is this?
Office units - Commercial property in Dunnellon, Florida, currently leased for $2,000/month.
Where is this office units located?
The property is located at 7630 West Dunnellon Road Dunnellon, FL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Income‑producing property, currently leased for $2,000/month (approximately 6% cap rate).; Zoned GNC commercial, offering diverse business possibilities.; Option to expand with adjacent parcels (7652 W Dunnellon Rd and 7622 W Dunnellon Rd) also zoned GNC.
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