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    2215 Madison St Inverness, FL 34453

    For Sale
    Contact for pricing

    10,125 sq ft lot, ideal for mixed-use development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.23-acre lot, located at 2215 Madison Street in Inverness, Florida (zip code 34453), presents a unique opportunity for commercial and/or residential development. Situated in Inverness Acres Unit 2, Citrus County, this 10,125 square foot parcel offers convenient access to local amenities. It's a short 7-minute drive (2.1 miles) to Publix Supermarket and an 8-minute drive (2.5 miles) to Citrus High School. The property is easily accessible, with clear directions provided: From US41-S/N Florida Avenue, turn right onto N. Independence Highway for 1.9 miles, then left onto Monroe Street, right onto Long Street, and finally left onto Madison Street. The lot will be on your right. This is a remarkable opportunity for investors seeking a versatile property with potential for various uses. The seller owns multiple lots in the area and is open to bulk sales for interested parties. The asking price for this strategically located parcel is $25,000.

    Property Features for 2215 Madison St

    General Information

    Property type
    Land

    HighLights

    • 0.23‑acre lot (10,125 sq ft) available for commercial or residential development in Inverness, FL (34453).
    • Located in Inverness Acres Unit 2, Citrus County.
    • Conveniently located near Publix and Citrus High School.
    • Asking price: $25,000.
    • Seller owns multiple nearby lots and is open to bulk sales.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Inverness
    County
    Citrus
    State
    Florida
    Longitude
    -82.35878
    Latitude
    28.850042

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    FAQs

    What type of property is this?
    Land - 10,125 sq ft lot, ideal for mixed-use development.
    Where is this land located?
    The property is located at 2215 Madison St Inverness, FL.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: 0.23-acre lot (10,125 sq ft) available for commercial or residential development in Inverness, FL (34453).; Located in Inverness Acres Unit 2, Citrus County.; Conveniently located near Publix and Citrus High School.
    Request Owner's contact information
    2215 Madison St Inverness, FL 34453
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    Inverness, FL 34453
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2215 Madison St Inverness, FL 34453
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