Commercial Building on High-Visibility
7103 N CARL G ROSE Hwy Hernando, FL 34442
For Sale
$237,500
Commercial building and vacant lot on high-traffic SR 200.
Property Size816 SF
Price / SF$291.05
Days on Market96
Property Features for 7103 N CARL G ROSE Hwy
General Information
Standard status
Active
Size
816 SF
Property subtype
Commercial
Building Details
Year Built
1975
Listing Agency:
Professional Realty of Ocala
(352) 533-9081
Listed By:
Inayra Alvarez · License #3587986
(352) 533-9081
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 5:04AM
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 Professional Realty of Ocala
Investment Insights
Based on property information with market context.
This commercial opportunity is located on a high-visibility section of SR 200 in Hernando. The sale includes two parcels: one at 7103 N Carl G Rose Hwy, featuring an approximately 816 SF commercial building that previously operated as a deli/restaurant, and an adjacent vacant lot at 3784 E Camelot Pl. The properties are zoned GNC and benefit from excellent exposure and high traffic flow. Potential uses include restaurant, retail, or office space, with possibilities for future expansion. This offering represents an investment opportunity in a rapidly growing commercial corridor. Buyers should independently verify all measurements and zoning regulations with Citrus County. The location has a walk score of 5, indicating car dependence, and a bike score of 28, indicating it is somewhat bikeable.
Key Highlights
- High‑visibility location on SR 200 in Hernando.
- Zoned GNC, suitable for restaurant, retail, or office.
- Includes a ~816 SF commercial building (previously deli/restaurant).
Financial Insights For Retail
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 | $12.2k | $15.00 |
| − Vacancy | −$1.0k | −$1.28 |
| EGI | $11.2k | $13.73 |
| − OpEx | −$3.4k | −$4.12 |
| NOI | $7.8k | $9.61 |
816 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$112.0K
$98.0K – $130.7K
NOI $7,840 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$183.4K
$160.4K – $213.9K
NOI $12,835 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial building and vacant lot on high-traffic SR 200.
Where is this storefront property located?
The property is located at 7103 N CARL G ROSE Hwy Hernando, FL.
What is the asking price?
The asking price for this property is $237,500.
What are key features of this property?
This property features: High‑visibility location on SR 200 in Hernando.; Zoned GNC, suitable for restaurant, retail, or office.; Includes a ~816 SF commercial building (previously deli/restaurant).
