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Office Building with Highway Frontage
For Sale
$285,000

4655 N Carl G. Rose Highway, Hernando, FL 34442

CommercialSale, Hernando, FL

Property Size1,629 SF
Lot Size0.48 Acres
Price / SF$174.95
Days on Market321

Property Features for 4655 N Carl G. Rose Highway

General Information

Property type Commercial Sale
Property subtype Office
Zoning GNC
Exterior features Landscaping
Subdivision Apache Shores Units 1-13
Lot features Corner Lot
Directions From Inverness travel N. on US Hwy. 41, bear Right on SR 200, approx. 2.5 miles to property on right. OR from Ocala, travel West on State Rd. 200, cross over the Withlacoochee River bridge into Citrus County to property on left.
Standard status Active
APN 1594502
Lot size 0.48 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Apache Shores, Unit 1, The North 140' of Block 5, described in OR BK 850, PG 785 and OR BK 1666, PG 377
Tax Annual Amount 2818
Legal Description Apache Shores, Unit 1, The North 140' of Block 5, described in OR BK 850, PG 785 and OR BK 1666, PG 377

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Well

Building Details

Year built 1992
Floors in Building 1
Flooring type Wood, Carpet
Building materials Stucco
Roof type Metal
Listing Agency: Parsley Real Estate, Inc.
Listed By: Dixie Parsley · License #166108
Added: Nov 19, 2025 Changed: Sep 13 Last Checked: Oct 6 at 12:06PM
MLS# 850063

Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,629-square-foot office building sits on a 0.48-acre parcel and was constructed in 1992. The layout includes an additional 200-square-foot screened rear porch that can support storage, a break area, or workspace. Wood and carpet flooring, stucco construction, central heating and cooling, and a metal roof installed in 2015 are included.

The property has 140 feet of frontage on State Rd. 200 and paved road access along all four sides. Paved parking is available on site, while the GNC zoning supports commercial use. Water is provided by a well and wastewater service by a septic tank.

Key Highlights

  • 1,629‑square‑foot office building on 0.48 acres
  • 140 feet of frontage on State Rd. 200
  • 200‑square‑foot screened rear porch

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,153
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,060 $343.1K
Cap Rate 7%
$245,043 $245.0K
Cap Rate 9%
$190,589 $190.6K
Market Conditions
NOI Build-Up for 1,629 SF
Gross rent
$29.3K $18.00/SF
− Vacancy
−$6.5K −$3.96/SF
EGI
$22.9K $14.04/SF
− OpEx
−$5.7K −$3.51/SF
NOI
$17.2K $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%
$343,060
Cap Rate 7%
$245,043
Cap Rate 9%
$190,589

Alternative Uses

Best Use
Office B
$245.0K
$214.4K – $285.9K (±1% cap)
NOI $17,153 @ 7.0% cap · market cap 6.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$366.0K
$320.3K – $427.0K (±1% cap)
NOI $25,622 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby

Demographics for 34442, FL

16,759
Population
9,852
Households
1.7
Avg Household Size
63
Median Age
27%
College-Educated
95%
High-School Grad
36.4 sq mi
ZIP Area
460
Density / Sq Mi
$55,473
Median Household Income
$36,864
Median Earnings
$965
Median Rent
$295,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - GNC-zoned office property with paved access and a screened rear porch.
Where is this office building located?
The property is located at 4655 N Carl G. Rose Highway Hernando, FL.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 1,629‑square‑foot office building on 0.48 acres; 140 feet of frontage on State Rd. 200; 200‑square‑foot screened rear porch
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