Equipped Rehearsal
8686 W HALLS RIVER Road, Homosassa, FL 34448
For Sale
Contact for pricing
Business Opportunity, Homosassa, FL
Property Size900 SF
Price / SF$25.56
Days on Market121
Property Features for 8686 W HALLS RIVER Road
General Information
Property type
Property subtype
Directions
Subdivision
Standard status
Additional Details
Property Use
Utilities
Heating system
Cooling system
Water source
Listing Agency:
CENTURY 21 J.W.MORTON R.E. · Century 21 Real Estate
(352) 726-6668
Listed By:
Laura Grady · License FL #3147461
(352) 302-2340
Added: Jul 13
Changed: Nov 9
Last Checked: Nov 10 at 1:06AM
MLS# CC856188
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 approximately 900-square-foot rehearsal studio occupies rented space, with the buildout and equipment included in the sale. Its two main rooms have microphones, speakers, drum kits, guitars, amplifiers, and additional gear. The entrance area is arranged with seating, a desk, and a coffee station, and a full bathroom is on site.
The space has central air conditioning, electric heat, public water, and access to a parking area.
The space has central air conditioning, electric heat, public water, and access to a parking area.
Key Highlights
- Approximately 900 square feet in rented space
- Two main rooms outfitted with microphones, speakers, drum kits, guitars, and amplifiers
- Sale includes the studio buildout and equipment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,477
Suggested Prices Based on Cap Rates
Cap Rate 5%
$189,540
$189.5K
Cap Rate 7%
$135,386
$135.4K
Cap Rate 9%
$105,300
$105.3K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$16.2K $18.00/SF
− Vacancy
−$3.6K −$3.96/SF
EGI
$12.6K $14.04/SF
− OpEx
−$3.2K −$3.51/SF
NOI
$9.5K $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%
$189,540
Cap Rate 7%
$135,386
Cap Rate 9%
$105,300
Alternative Uses
Best Use
Office B
$135.4K
$118.5K – $158.0K
NOI $9,477 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$202.2K
$177.0K – $235.9K
NOI $14,156 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
Explore this area
Business Placement
Demographics for 34448, FL
10,889
Population
6,437
Households
1.7
Avg Household Size
59
Median Age
18%
College-Educated
86%
High-School Grad
72.3 sq mi
ZIP Area
151
Density / Sq Mi
$47,526
Median Household Income
$23,452
Median Earnings
$941
Median Rent
$166,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Creative space - Two rehearsal rooms are outfitted with instruments and audio equipment, alongside a waiting area and full bathroom.
Where is this creative space located?
The property is located at 8686 W HALLS RIVER Road Homosassa, FL.
What are key features of this property?
This property features: Approximately 900 square feet in rented space; Two main rooms outfitted with microphones, speakers, drum kits, guitars, and amplifiers; Sale includes the studio buildout and equipment
