Commercial Office with
New
For Sale
$365,000
3455 Suzie E, Inverness, FL 34453
General commercial zoning supports a professional office, with a backyard also suited to outdoor use.
Property Size1,420 SF
Days on Market2
Property Features for 3455 Suzie E
General Information
Standard status
Active
Size
1,420 SF
Property subtype
Commercial
Zoning
general commercial
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$2,062
Building Details
Building Size
1,420 SF
Year Built
1974
Listing Agency:
diana g. marcum pa
Listed By:
Gilbert Grow · License #3363697
(352) 287-1915
Source:
Elliman
Added: Nov 4
Last Checked: Nov 4 at 2:56PM
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 diana g. marcum pa
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Investment Insights
Based on property information with market context.
Built in 1974, this office property is zoned general commercial and includes a large backyard. The zoning and outdoor area support the property’s stated office and day care potential, as well as specialty retail uses such as hair, nail, and pet grooming businesses.
Retail stores and medical offices are a short distance away. The property has a Bike Score of 54, rated Bikeable, and a Walk Score of 21, rated Car-Dependent.
Retail stores and medical offices are a short distance away. The property has a Bike Score of 54, rated Bikeable, and a Walk Score of 21, rated Car-Dependent.
Key Highlights
- General commercial zoning
- Built in 1974
- Large backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,953
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,060
$299.1K
Cap Rate 7%
$213,614
$213.6K
Cap Rate 9%
$166,144
$166.1K
Market Conditions
NOI Build-Up for 1,420 SF
Gross rent
$25.6K $18.00/SF
− Vacancy
−$5.6K −$3.96/SF
EGI
$19.9K $14.04/SF
− OpEx
−$5.0K −$3.51/SF
NOI
$15.0K $10.53/SF
Area
Citrus County, FL
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,060
Cap Rate 7%
$213,614
Cap Rate 9%
$166,144
Alternative Uses
Best Use
Office B
$213.6K
$186.9K – $249.2K
NOI $14,953 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$319.1K
$279.2K – $372.3K
NOI $22,335 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 34453, FL
10,964
Population
5,628
Households
1.9
Avg Household Size
54
Median Age
19%
College-Educated
94%
High-School Grad
27.1 sq mi
ZIP Area
405
Density / Sq Mi
$58,064
Median Household Income
$33,341
Median Earnings
$1,046
Median Rent
$174,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- RAPID Device Repair — 3850 E Gulf to Lake Hwy Ste 10, Inverness, FL 34452
- Healthy Technology Solutions LLC — 2659 E Gulf to Lake Hwy Suite 318, Inverness, FL 34453, United States
Frequently Asked Questions
What type of property is this?
Office space - General commercial zoning supports a professional office, with a backyard also suited to outdoor use.
Where is this office space located?
The property is located at 3455 Suzie E Inverness, FL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: General commercial zoning; Built in 1974; Large backyard
