Standalone Office
7536 W Grover Cleveland Boulevard Homosassa, FL 34446
7536 W Grover Cleveland Boulevard, Homosassa, FL, 34446
$219,000
For Sale
$219,000
Standalone business building with two bathrooms, a newer roof, and existing on-site well and septic.
Property Size1,292 SF
Price / SF$169.50
Days on Market134
Property Features for 7536 W Grover Cleveland Boulevard
General Information
- Standard status
- Active
- Size
- 1,292 SF
- Property subtype
- Office
Building Details
- Year Built
- 1979
Listing agency
Shadow Palm Realty LLC
(352) 586-9098
Listed by
George Carpenter · License #3418517
(352) 586-9098
Source
Xome
Added: Mar 11 Updated: Jul 22 at 11:03AM Checked: Jul 22 at 11:03AM
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 Shadow Palm Realty LLC
Investment Insights
Based on property information with market context.
Standalone business building positioned on the main paved road in Homosassa. The property includes two bathrooms (no showers or tubs) and is configured for many uses. Updates include a newer roof, along with an on-site septic drain field and a well pump/bladder tank.
A tall business sign is already in place, supporting visibility for prospective customers and tenants. Restaurants and stores are within walking distance, adding convenience for everyday business activity.
Furniture and appliances may be negotiated, offering flexibility for an incoming user depending on the intended setup.
A tall business sign is already in place, supporting visibility for prospective customers and tenants. Restaurants and stores are within walking distance, adding convenience for everyday business activity.
Furniture and appliances may be negotiated, offering flexibility for an incoming user depending on the intended setup.
Key Highlights
- Standalone business building configured for many uses on a main paved road in Homosassa
- Two bathrooms (no showers/tubs) in the building
- Newer roof, plus on‑site well and septic drain field
Local 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 | $23.3k | $18.00 |
| − Vacancy | −$5.1k | −$3.96 |
| EGI | $18.1k | $14.04 |
| − OpEx | −$4.5k | −$3.51 |
| NOI | $13.6k | $10.53 |
1,292 SF · lease $18.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$194.4K
$170.1K – $226.8K
NOI $13,605 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$290.3K
$254.0K – $338.7K
NOI $20,322 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shadow Palm Realty
Real Estate Agency
REATOR® John Burke
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Standalone business building with two bathrooms, a newer roof, and existing on-site well and septic.
Where is this office units located?
The property is located at 7536 W Grover Cleveland Boulevard Homosassa, FL.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Standalone business building configured for many uses on a main paved road in Homosassa; Two bathrooms (no showers/tubs) in the building; Newer roof, plus on‑site well and septic drain field
