Office Buildings and Corner
For Sale
$625,000
6005 40 Highway W, Yankeetown, FL 34498
SINGLE_FAMILY - Yankeetown, FL
Property Size4,020 SF
Lot Size0.86 Acres
Price / SF$155.47
Days on Market95
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
Subdivision
Not on List
Lot features
Cleared, Corner Lot, Flat
Directions
From Dunnellon: Take Highway 40 W (CR 40) for approx. 17 miles. You will cross over US 19. Continue on Highway 40 W (CR 40) to address on left.
Standard status
Active
APN
0799500000
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
Legal Description
05-17-16 YANKEETOWN BLK 10 LOT 3 OR BOOK 1652 PAGE 208
Utilities
Sewer type
Septic Tank
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1974
Floors in Building
1
Flooring type
Tile, Concrete
Building materials
Block, Concrete
Roof type
Metal
Additional Structures
Garage(s)
Listing Agency:
Dunnellon Real Estate LLC
(352) 875-7787
Listed By:
Christopher Hodges · License #3260213
(352) 875-7787
Added: May 1
Changed: Jul 31
Last Checked: Aug 3 at 6:06AM
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 offering includes two maintained commercial buildings and a vacant corner lot in Yankeetown, totaling an office-building focused package with flexible development and business use. The property features a 2,520-square-foot commercial building and a 1,500-square-foot commercial building. A vacant corner lot sits at the intersection of Highway 40 and 60th Street, and the package includes two lots with septic systems and public water access. Both buildings are described as well-maintained with recently updated roofs. The buildings are constructed with block (with concrete) and have tile and concrete flooring. Cooling is provided by window unit(s), and the roof is metal. Built in 1974, the property includes a driveway and landscaping.
The site is positioned in the center of Yankeetown with 250 feet of frontage along Highway 40 West. The land totals 0.86 acres and is zoned GNC. Public water and septic tank sewer service are part of the site utilities.
Convenient nearby recreation includes Bird Creek Boat Ramp (about 10 minutes away) and Withlacoochee Gulf Preserve (about 5 minutes away).
The site is positioned in the center of Yankeetown with 250 feet of frontage along Highway 40 West. The land totals 0.86 acres and is zoned GNC. Public water and septic tank sewer service are part of the site utilities.
Convenient nearby recreation includes Bird Creek Boat Ramp (about 10 minutes away) and Withlacoochee Gulf Preserve (about 5 minutes away).
Key Highlights
- 250 feet of frontage along Highway 40 West
- Two commercial buildings: 2,520 SF and 1,500 SF
- Vacant corner lot at Highway 40 and 60th Street with septic and public water
Financial Insights For Office B
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 | $79.6k | $19.80 |
| − Vacancy | −$12.7k | −$3.17 |
| EGI | $66.9k | $16.63 |
| − OpEx | −$16.7k | −$4.16 |
| NOI | $50.1k | $12.47 |
4,020 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$716.4K
$626.8K – $835.8K
NOI $50,145 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$995.7K
$871.2K – $1.16M
NOI $69,697 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 34498, FL
588
Population
542
Households
1.1
Avg Household Size
61
Median Age
31%
College-Educated
96%
High-School Grad
7.3 sq mi
ZIP Area
81
Density / Sq Mi
$56,875
Median Household Income
$50,260
Median Earnings
$1,110
Median Rent
$307,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Office and commercial buildings plus a vacant corner lot, zoned GNC with public water and septic service.
Where is this office building 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: 250 feet of frontage along Highway 40 West; Two commercial buildings: 2,520 SF and 1,500 SF; Vacant corner lot at Highway 40 and 60th Street with septic and public water
