Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Prime Commercial Land Opportunity Title is generated by Realmo AI

    W Highway 40, Inglis, FL 34449

    View on Map
    Claim this Listing
    New
    Pending
    $89,000

    LAND - Inglis, FL

    Lot size:
    1.01 Acres
    Added:
    May 14, 2026
    Days on Market:
    5
    Last Refresh:
    May 18 at 1:06 pm

    Property Features for W Highway 40

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    C1
    Standard status
    Pending
    APN
    1271200000
    Lot size
    1.01 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    465

    Utilities

    Water source
    Well Needed

    We can help!

    Listing Contact
    Ashley Vazquez

    Listing agent Ashley Vazquez License #3396660

    Listing office LPT Realty, LLC 1400 S International Parkway, FL

    Listing date May 14, 2026

    MLS# 854843 Listing URL

    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

    • Great Location near the park
    • Recently renovated kitchen
    • Spacious backyard perfect for entertaining
    • Hardwood floors throughout
    • Close proximity to local shops and restaurants
    • Two‑car garage

    Overview

    This one-acre commercial property in Inglis, FL, is zoned C-1 and offers a high-traffic, high-visibility location. The site features frontage on a state road and access from three separate roads, providing convenience and exposure. The property is strategically positioned for accessibility, making it suitable for various uses, including retail, office, restaurant, automotive, mixed-use, or investment development. The location offers potential for business growth and future development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Inglis
    County
    Levy
    State
    Florida
    Longitude
    -82.669487
    Latitude
    29.030362

    Nearby Similar for Sale

    • $399,000

      Inglis, FL Vacant Land Parcel

      11.42-acre vacant land parcel with mixed-use potential in Inglis, FL.
      270 Highway 40 E, Inglis, FL 34449
      View Details
    • $995,000

      Expansive Inglis Agricultural Investment Opportunity

      50 acres in Inglis, FL with utilities and fencing.
      20271 SE 81ST TERRACE, INGLIS, FL 34449
      View Details
    • $459,900
      3,000 SF

      Highway Frontage Commercial Shop

      3,000 sq ft commercial shop on US Hwy 19.
      8 HIGHWAY 19 N, Inglis, FL 34449
      View Details
    • $995,000

      Expansive Inglis Agricultural Land Opportunity

      50 acres in Inglis, FL, improved and ready for use.
      20271 SE 81ST TERRACE, INGLIS, FL 34449
      View Details
    • $995,000

      Expansive Agricultural Land in Inglis, FL

      50-acre agricultural property with improvements ready for immediate use.
      20271 SE 81st Terrace, Inglis, FL 34449
      View Details
    • $118,000

      Riverfront Land Parcel For Sale

      1.35-acre waterfront land with canal access to Gulf of Mexico.
      11120 N River Walk Point, Inglis, FL 34449
      View Details
    • $810,000
      8,208 SF

      Inglis Office Center For Sale

      Office center in Inglis, Florida, positioned for growth.
      62 HIGHWAY 40 W, Inglis, FL 34449
      View Details
    • $49,000

      Two Wooded Acres For Sale

      Two wooded acres ready for a new home in Inglis.
      S Shearer Street, Inglis, FL 34449
      View Details
    • $2,498,000
      3,200 SF

      Crossroads Lodge Event Venue

      Turnkey event venue with bar, restaurant, and camping.
      11350 STATE ROAD 121, Inglis, FL 34449
      View Details
    • $21,500

      Wooded Acreage in Inglis, Florida

      One-acre wooded lot in Inglis, Florida, near outdoor recreation.
      Linda St, Inglis, FL 34449
      View Details
    • $119,000

      Undeveloped Land on US-19

      5 acres of wooded land with US-19 road frontage.
      Tbd US 19, INGLIS, FL 34449
      View Details
    • $119,000

      Undeveloped Land on US-19

      5 acres of wooded land on US-19 in Inglis, FL.
      Tbd US 19, INGLIS, FL 34449
      View Details

    FAQs

    What type of property is this?
    Commercial land - One-acre commercial land with high visibility and road frontage.
    Where is this commercial land located?
    The property is located at W Highway 40 Inglis, FL.
    What is the asking price?
    The asking price for this property is $89,000.
    What are key features of this property?
    This property features: Great Location near the park; Recently renovated kitchen; Spacious backyard perfect for entertaining
    (352) 209-9405
    We can help!
    Listing Contact
    Ashley Vazquez
    Real Estate License ID: 3396660
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    W Highway 40, Inglis, FL 34449
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!