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    2402 Garfield St Inverness, FL 34453

    For Sale
    Contact for pricing

    .23-Acre Commercial/Residential Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional .23-acre lot, encompassing 10,125 square feet, presents a unique investment opportunity in the desirable Inverness Acres area of Inverness, Florida. Located at 2402 Garfield Street, this property offers the flexibility of both commercial and residential development potential, making it ideal for a variety of uses. Its convenient location provides easy access to nearby attractions such as Homosassa Springs and Crystal River, as well as the beautiful Gulf Coast. The property is zoned for both commercial and residential uses, allowing for diverse development options. Buyers are encouraged to conduct their own due diligence to verify all tax roll information and measurements. This is a rare opportunity to acquire a sizable lot in a thriving Florida community at an attractive price point. The address is precisely 2402 Garfield Street, Inverness, FL 34453, with GPS coordinates of 28.8479 latitude and -82.360639 longitude. The asking price for this versatile property is $13,000. Seize this chance to build your dream project or capitalize on a promising commercial venture in a sought-after location. Act quickly, as opportunities like this are seldom available.

    Property Features for 2402 Garfield St

    General Information

    Property type
    Land

    HighLights

    • 10,125 SF lot (.23 acres) in Inverness Acres, Inverness, FL.
    • Zoned for commercial and residential use.
    • Located at 2402 Garfield Street, Inverness, FL 34453 (28.8479, -82.360639).
    • $13,000 asking price.
    • Near Homosassa Springs and Crystal River.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Inverness
    County
    Citrus
    State
    Florida
    Longitude
    -82.360639
    Latitude
    28.8479

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    FAQs

    What type of property is this?
    Land - .23-Acre Commercial/Residential Lot
    Where is this land located?
    The property is located at 2402 Garfield St Inverness, FL.
    What is the asking price?
    The asking price for this property is $13,000.
    What are key features of this property?
    This property features: 10,125 SF lot (.23 acres) in Inverness Acres, Inverness, FL.; Zoned for commercial and residential use.; Located at 2402 Garfield Street, Inverness, FL 34453 (28.8479, -82.360639).
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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
    2402 Garfield St Inverness, FL 34453
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