Four-Office Professional
715 S ADOLPH POINT, Lecanto, FL 34461
For Sale
New
Contact for pricing
The interior includes a reception area, conference room, kitchenette, and separate employee entrance.
Property Size1,456 SF
Price / SF$16.81
Days on Market4
Property Features for 715 S ADOLPH POINT
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Property Use
Building Details
Year Built
Listing Agency:
KELLER WILLIAMS REALTY - ELITE PARTNERS II
(866) 395-1470
Listed By:
Bruce Brunk · License #3138787
(352) 228-7744
Source:
Endlesssummerrealty
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 8:50AM
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 KELLER WILLIAMS REALTY - ELITE PARTNERS II
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,456-square-foot office unit, completed in 2008, has a reception area, conference room, four private offices, and a kitchenette. It also includes a restroom for guests, a separate employee restroom, and an entrance at the rear of the unit. The space is vacant and located in a Professional Service Office (PSO) zoning district.
Employee parking is available behind the property, while customers use a shared lot at the front. The property is entirely within Flood Zone X.
Employee parking is available behind the property, while customers use a shared lot at the front. The property is entirely within Flood Zone X.
Key Highlights
- 1,456‑square‑foot office unit built in 2008
- Four offices, reception area, conference room, and kitchenette
- Separate guest and employee restrooms; rear employee entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,332
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,640
$306.6K
Cap Rate 7%
$219,029
$219.0K
Cap Rate 9%
$170,356
$170.4K
Market Conditions
NOI Build-Up for 1,456 SF
Gross rent
$26.2K $18.00/SF
− Vacancy
−$5.8K −$3.96/SF
EGI
$20.4K $14.04/SF
− OpEx
−$5.1K −$3.51/SF
NOI
$15.3K $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%
$306,640
Cap Rate 7%
$219,029
Cap Rate 9%
$170,356
Alternative Uses
Best Use
Office B
$219.0K
$191.7K – $255.5K
NOI $15,332 @ 7.0% cap · market cap 62.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$327.2K
$286.3K – $381.7K
NOI $22,901 @ 7.0% cap · market cap 93.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
Explore this area
Business Placement
Demographics for 34461, FL
11,388
Population
5,552
Households
2.1
Avg Household Size
58
Median Age
23%
College-Educated
92%
High-School Grad
45.8 sq mi
ZIP Area
249
Density / Sq Mi
$60,795
Median Household Income
$33,825
Median Earnings
$1,190
Median Rent
$287,200
Median Home Value
Market
Average Price Trend$/SF for Office Units in Citrus County, FL
Properties on Market for Office Units in Citrus County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The interior includes a reception area, conference room, kitchenette, and separate employee entrance.
Where is this office unit located?
The property is located at 715 S ADOLPH POINT Lecanto, FL.
What are key features of this property?
This property features: 1,456‑square‑foot office unit built in 2008; Four offices, reception area, conference room, and kitchenette; Separate guest and employee restrooms; rear employee entrance
