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    Pennsylvania Ave Dunnellon, FL 34432

    Sponsored
    For Lease
    Contact for pricing

    High-traffic corner lot, B-3 zoning.

    Lot size:
    14,810 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.34-acre commercial lot presents a unique investment opportunity in the heart of Dunnellon's downtown area. Strategically positioned on the corner of East Pennsylvania Avenue and Mary Street, this property boasts a prime location with high daily traffic counts. East Pennsylvania Avenue (Highway 484) serves as a major thoroughfare, ensuring significant visibility and accessibility for any business. The lot size is 15,000 square feet, offering ample space for development. Its B-3 zoning classification allows for a diverse range of commercial uses, providing flexibility for potential buyers. The property's proximity to the Chamber of Commerce building further enhances its desirability and potential for success. This is an exceptional chance to acquire a highly visible and versatile commercial lot in a thriving downtown location. The APN is 3380-0043-00. This single-tenant lot is ready for your vision. Don't miss this opportunity to establish your business in a prime Dunnellon location.

    Property Features for 0 Pennsylvania Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,810 SF

    Unit(s) available at that property

    Space
    Size
    14,810 SF

    HighLights

    • 0.34‑acre commercial lot ideal for development.
    • 15,000 square foot lot located at the corner of E. Pennsylvania Ave and Mary Street.
    • High traffic count due to location on Highway 484, a main thoroughfare.
    • B‑3 zoning allows for diverse commercial uses.
    • APN: 3380‑0043‑00.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dunnellon
    County
    Citrus
    State
    Florida
    Longitude
    -82.45980397
    Latitude
    29.04949899

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, B-3 zoning.
    Where is this land located?
    The property is located at Pennsylvania Ave Dunnellon, FL.
    What are key features of this property?
    This property features: 0.34-acre commercial lot ideal for development.; 15,000 square foot lot located at the corner of E. Pennsylvania Ave and Mary Street.; High traffic count due to location on Highway 484, a main thoroughfare.
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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
    Pennsylvania Ave Dunnellon, FL 34432
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