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    Move-In Ready Office Suite Title is generated by Realmo AI

    957 S Lois Terrace, Inverness, FL 34452

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    For Lease
    $1,200/Mo $24 SF/Yr (calc)

    COMMERCIAL - Inverness, FL

    Type:Office
    Property size:
    600 SF
    Lot size:
    0.63 Acres
    Added:
    Dec 10, 2025
    Days on Market:
    178
    Last Refresh:
    Jun 6 at 7:06 am

    Property Features for 957 S Lois Terrace

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Appliances
    Microwave, Refrigerator
    Standard status
    Active
    Size
    600 SF
    Lot size
    0.63 Acres

    Taxes and HOA fees

    Expense value
    1200
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2007
    Flooring type
    Vinyl

    We can help!

    Listing Contact
    Christian Bennett
    Christian Bennett

    Listing agent Christian Bennett License #3109890

    Listing office RE/MAX Champions 957 S Lois Terr, FL

    Listing date Dec 10, 2025

    MLS# 850559

    Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Estimated 600 SF office space with new flooring and paint and lots of natural light
    • Corner office location on SR 44/Gulf To Lake Hwy and S Lois Terrace, fronting SR 44 with over 170' of Hwy frontage
    • 5 parking spaces with 2 entrances
    • Utilities/rent includes electric, water, internet, and trash
    • Public water and public sewer; central air and central electric heating
    • Common area includes 2 bathrooms and a coffee bar

    Overview

    This move-in ready office suite is updated with new flooring and fresh paint and is designed to bring in plenty of natural light. The suite is supported by a shared common area that includes two bathrooms and a coffee bar, making day-to-day operations straightforward for staff and clients. The space is estimated at about 600 square feet.

    The building is located on the corner of SR 44/Gulf To Lake Hwy and S Lois Terrace, with frontage on SR 44, a four-lane highway, and more than 170 feet of highway frontage. The office building sits in unincorporated Citrus County. Parking is available with five spaces, and the property has two entrances for convenient access.

    This suite is well suited for professional and medical office users who want a clean, turnkey environment and an operating setup that includes utilities. Rent includes electric, water, internet, and trash, which can help simplify monthly budgeting. With highway frontage and straightforward parking access, the space supports client visits and regular business use for a single office tenancy or a small professional team.
    Property Profile Location Intelligence

    Current Use by Public Records

    Real Living Cridland ... Real Estate Agency RE/MAX CHAMPIONS - Citrus ... Real Estate Agency Clinical Health Psychology Physician Salvio Marie-Anne Physician Largey Law Law Firm

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Inverness
    County
    Citrus
    State
    Florida
    Longitude
    -82.374011
    Latitude
    28.848446

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    FAQs

    What type of property is this?
    Office units - Newly updated office space with natural light, and rent that includes electric, water, internet, and trash.
    Where is this office units located?
    The property is located at 957 S Lois Terrace Inverness, FL.
    What is the lease rate?
    The lease rate is $1,200 /Mo.
    What are key features of this property?
    This property features: Estimated 600 SF office space with new flooring and paint and lots of natural light; Corner office location on SR 44/Gulf To Lake Hwy and S Lois Terrace, fronting SR 44 with over 170' of Hwy frontage; 5 parking spaces with 2 entrances
    (727) 858-4588
    We can help!
    Listing Contact
    Christian Bennett
    Christian Bennett
    Real Estate License ID: 3109890
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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    957 S Lois Terrace, Inverness, FL 34452
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