Back to Search

Highway Frontage Commercial Opportunity

6005 40 Highway W Yankeetown, FL 34498

6005 40 Highway W, Yankeetown, FL, 34498

$625,000

For Sale

$625,000

SINGLE_FAMILY - Yankeetown, FL

Property Size2,520 SF

Lot Size0.86 Acres

Price / SF$248.02

AddedMay 1

Days on Market75

Last RefreshJul 14 at 4:06 pm

Property Features for 6005 40 Highway W

General Information

Property type: Residential
Property subtype: Office
Zoning: GNC
Parking features: Driveway
Exterior features: Landscaping, GravelDriveway, RoomForPool
Standard status: Active
APN: 0799500000
Size: 2,520 SF
Lot size: 0.86 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: 05-17-16 YANKEETOWN BLK 10 LOT 3 OR BOOK 1652 PAGE 208
Tax Annual Amount: 2618

Utilities

Sewer type: Septic Tank
Cooling system: Window Unit(s)
Water source: Public

Building Details

Year built: 1974
Floors in Building: 1
Flooring type: Concrete, Tile
Building materials: Block, Concrete
Roof type: Metal
Additional Structures: Garage(s)

Listing agent Christopher Hodges License #3260213

Listing office Dunnellon Real Estate LLC 19330 SW 83rd Pl Rd, FL

Listing date May 1, 2026

MLS# 854493

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 commercial property in Yankeetown, Florida, offers an opportunity for business ventures. The property features 250 feet of frontage on Highway 40 West. It is positioned to benefit from the area's eco-tourism and outdoor activities. The commercial property includes a 2,520-square-foot commercial building, a 1,500-square-foot commercial building, and a vacant corner lot at the intersection of Highway 40 and 60th Street. The property consists of two lots equipped with septic systems and public water access. The buildings are well-maintained with updated roofs. The total land area covers 0.86 acres and is zoned CN (Commercial Neighborhood). The location is approximately 10 minutes from Bird Creek Boat Ramp and 5 minutes from Withlacoochee Gulf Preserve. The property is located in Levy County, with a Yankeetown address and postal code of 34498.

Key Highlights

Prime commercial location with 250 feet of frontage on Highway 40 West in Yankeetown.
Includes two commercial buildings (2,520 sq ft and 1,500 sq ft) ready for immediate business operation with recently updated roofs.
Additional vacant corner lot at the intersection of Highway 40 and 60th Street with septic systems and public water access.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$49.9k	$19.80
− Vacancy	−$8.0k	−$3.17
EGI	$41.9k	$16.63
− OpEx	−$10.5k	−$4.16
NOI	$31.4k	$12.47

2,520 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$449.1K

$392.9K – $523.9K (±1% cap)

NOI $31,434 @ 7.0% cap · market cap 5.03%

Second Best

Mixed Use

$415.8K

$363.8K – $485.1K (±1% cap)

NOI $29,106 @ 7.0% cap · market cap 4.66%

Theoretical Best

Office A

$624.2K

$546.1K – $728.2K (±1% cap)

NOI $43,691 @ 7.0% cap · market cap 6.99%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Similar For Sale Nearby

$625,000

4,020 SF

Yankeetown Commercial Property Package

Commercial buildings and vacant lot in a prime Yankeetown location.

6005 HIGHWAY 40 W, YANKEETOWN, FL 34498

View Details
$269,000

1,034 SF

Yankeetown Income-Producing Cracker-Style Homes

Corner-lot property with two income-producing homes in Yankeetown, Florida.

21 52nd Street, Yankeetown, FL 34498

View Details
$350,000

2,275 SF

Versatile Warehouse on Hwy 40

Warehouse on Hwy 40 W in Yankeetown for sale.

6151 HIGHWAY 40 W, YANKEETOWN, FL 34498

View Details

For sale
Mixed-use properties
FL
Yankeetown
34498
6005 40 Highway W

What type of property is this?

Mixed-use property - Prime commercial property in Yankeetown with highway frontage.

Where is this mixed-use property located?

The property is located at 6005 40 Highway W Yankeetown, FL.

What is the asking price?

The asking price for this property is $625,000.

What are key features of this property?

This property features: Prime commercial location with **250 feet of frontage on Highway 40 West** in Yankeetown.; Includes two commercial buildings (2,520 sq ft and 1,500 sq ft) ready for immediate business operation with **recently updated roofs**.; Additional vacant corner lot at the intersection of Highway 40 and 60th Street with septic systems and public water access.