Live-Work Property with
For Sale
$1,450,000
24392 LANARK Road, Brooksville, FL 34601
Commercial Sale, BROOKSVILLE, FL
Property Size4,904 SF
Lot Size4.40 Acres
Price / SF$295.68
Days on Market81
Property Features for 24392 LANARK Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
AG
Security features
Security System
Window features
Wood Frames
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Lot features
Rural, Paved, Zoned for Horses
Directions
Head east toward FL-50 E / Cortez Blvd. Follow FL-50 E past central Brooksville. Turn right (south) onto Olympia Rd just east of downtown. Turn right onto Neff Lk Rd (Neff Lake Rd).Turn right onto Lanark Rd. Arrive at 24392 Lanark Rd on your left.
Subdivision
34601 - Brooksville
Standard status
Active
APN
R05-423-20-0000-0320-0000
Size
4,904 SF
Lot size
4.40 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Additional Details
Property Use
Pet Boarding Resort
Taxes and HOA fees
Tax Year
2025
Tax Description
A TR 300X640 FT MOL IN W1/2 OF NE1/4 OF NE1/4 OF SW1/4 DES IN OR 518 PG 688
Tax Annual Amount
4708
Legal Description
A TR 300X640 FT MOL IN W1/2 OF NE1/4 OF NE1/4 OF SW1/4 DES IN OR 518 PG 688
Utilities
Utilities
Phone Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Well
Building Details
Year built
1986
Floors in Building
1
Flooring type
Laminate, Tile - Ceramic
Building materials
Concrete, Frame
Roof type
Shingle
Listing Agency:
BHHS FLORIDA PROPERTIES GROUP · Berkshire Hathaway HomeServices
(352) 688-2227
Listed By:
Robert Adams
(352) 251-5236
Added: Aug 12
Changed: Oct 31
Last Checked: Oct 31 at 4:06PM
MLS# W7888500
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This live-work property combines a 3-bedroom, 2-bathroom residence with commercial animal-care facilities on 4.4 acres. The 4,904-square-foot property includes a 34-run large-dog kennel with interior and exterior access, a grooming salon, and a laundry room. A separate cottage serves small-animal and cat boarding, with its own kitchen and storage. Fenced areas provide space for dog walking and play. The residence is a block home with a roof installed in 2020 and HVAC replaced in 2021.
The property is zoned AG and uses a private well and septic system. Commercial fixtures, equipment, and residential appliances are included in the sale.
The property is zoned AG and uses a private well and septic system. Commercial fixtures, equipment, and residential appliances are included in the sale.
Key Highlights
- 4.4‑acre live‑work property with a 4,904‑square‑foot building
- 34‑run dog kennel with indoor and outdoor access
- Separate cottage for small‑animal and cat boarding, with kitchen and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,908
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,218,160
$1.2M
Cap Rate 7%
$870,114
$870.1K
Cap Rate 9%
$676,756
$676.8K
Market Conditions
NOI Build-Up for 4,904 SF
Gross rent
$105.9K $21.60/SF
− Vacancy
−$8.5K −$1.73/SF
EGI
$97.5K $19.87/SF
− OpEx
−$36.5K −$7.45/SF
NOI
$60.9K $12.42/SF
Area
Hernando County, FL
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,218,160
Cap Rate 7%
$870,114
Cap Rate 9%
$676,756
Alternative Uses
Best Use
Mixed Use
$870.1K
$761.4K – $1.02M
NOI $60,908 @ 7.0% cap · market cap 4.20%
Second Best
Office B
$472.8K
$413.7K – $551.6K
NOI $33,093 @ 7.0% cap · market cap 2.28%
Theoretical Best
Office A
$1.12M
$977.5K – $1.30M
NOI $78,197 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 34601, FL
23,001
Population
12,276
Households
1.9
Avg Household Size
50
Median Age
20%
College-Educated
88%
High-School Grad
114.0 sq mi
ZIP Area
202
Density / Sq Mi
$56,365
Median Household Income
$35,182
Median Earnings
$1,066
Median Rent
$151,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - A residence and animal-care operation share a single property with separate boarding areas and grooming facilities.
Where is this live-work space located?
The property is located at 24392 LANARK Road Brooksville, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 4.4‑acre live‑work property with a 4,904‑square‑foot building; 34‑run dog kennel with indoor and outdoor access; Separate cottage for small‑animal and cat boarding, with kitchen and storage
