1340 Howell Ave Brooksville, FL 34601
2,000 SF storefront on corner lot, includes existing business.
- Added:
- Apr 22, 2025
- Days on Market:
- 448
- Last Refresh:
- Jun 30 at 6:06 am
Property Features for 1340 Howell Ave
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 0.20 Acres
Listing office Home-Land Real Estate Inc (352) 556-0909
Listing date Apr 22, 2025
Source Exprealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime corner lot location with high visibility and easy access.
- Includes existing Variety Store business and contents, providing immediate income potential.
- Zoned C1, suitable for a wide range of businesses, offering flexibility and investment potential.
Local Financial Insights For 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 | $30.0k | $15.00 |
| − Vacancy | −$2.0k | −$0.98 |
| EGI | $28.1k | $14.03 |
| − OpEx | −$8.4k | −$4.21 |
| NOI | $19.6k | $9.82 |
Alternative Uses
Property Analytics
Current Use by Public Records
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