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    1103 Hillcrest Ave Inverness, FL 34453

    For Sale
    Contact for pricing

    Prime 0.23-acre lot, mixed-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 10,125 square foot lot presents a unique investment opportunity in Inverness, Florida. Located at 1103 Hillcrest Avenue, this property is zoned for both commercial and residential use, offering considerable flexibility for development. The land's size provides ample space for a variety of projects, catering to diverse business or residential needs. Its convenient location within Inverness Acres Unit 2 offers easy access to essential amenities. A nearby Publix supermarket is just a short 8-minute drive (2.3 miles), and Citrus High School is only 9 minutes away (2.8 miles). The property is easily accessible from US41-S/N. Detailed directions include turning right onto N. Independence Highway from Florida Avenue, then left onto Eisenhower Street, continuing onto Byron Street, and finally turning right onto Hillcrest Avenue

    Property Features for 1103 Hillcrest Ave

    General Information

    Property type
    Land

    HighLights

    • 10,125 SF lot in Inverness, FL, zoned commercial and residential.
    • Located at 1103 Hillcrest Avenue, Inverness Acres Unit 2.
    • Convenient access to US41‑S/N, Publix (2.3 miles), and Citrus High School (2.8 miles).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -82.358101
    Latitude
    28.855426

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    FAQs

    What type of property is this?
    Land - Prime 0.23-acre lot, mixed-use potential.
    Where is this land located?
    The property is located at 1103 Hillcrest Ave 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: 10,125 SF lot in Inverness, FL, zoned commercial and residential.; Located at 1103 Hillcrest Avenue, Inverness Acres Unit 2.; Convenient access to US41-S/N, Publix (2.3 miles), and Citrus High School (2.8 miles).
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    1103 Hillcrest Ave 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
    1103 Hillcrest Ave Inverness, FL 34453
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