Commercial Real Estate Market in Inverness, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
601 active listings and 913 off-market properties in Inverness, FL. Commercial property asks $69/SF to buy and $22.51/SF/Yr to lease.
Market Trends
Inverness, FL spans 117.2 square miles in Citrus County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Inverness, FL asks $250/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Inverness, FL asks $217/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Inverness, FL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Inverness, FL asks $236/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 60.5%
- Open space 18.3%
- Civic 8.2%
- Commercial 8.1%
- Mixed use 2.6%
- Industrial 2.1%
Largest Zones share of zoned land by district
Low Density Residential District
Recreation
Suburban Low Density Residential
Public And Semi Government Use
Commercial
Inverness, FL zones 4,694 acres across 11 districts. Commercial zoning covers 8.1% of zoned land, residential 60.5%, open space 18.3% and industrial 2.1%. The largest single district is Low Density Residential District at 38.3%. For commercial buyers the practical constraint is that only 10.3% of land carries a commercial or industrial designation.
Low Density Residential District (LD/R1)
The provisions of this district are intended to provide an area of medium density single family residential development
Market overview
Demographics & Economy
Inverness, FL has 34,157 residents in 18,623 households. Density runs 291 people per square mile. Median household income here is $55,236 and median gross rent $1,072 a month.
34,157
Population
18,623
Households
1.8
Avg Household Size
54
Median Age
19%
College-Educated
92%
High-School Grad
117.2 sq mi
ZIP Area
291
Density / Sq Mi
$55,236
Median Household Income
$37,436
Median Earnings
$1,072
Median Rent
$197,651
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hernando | — | $75.83 |
| Beverly Hills | — | — |
Commercial property in Inverness, FL asks $69/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Inverness?
Commercial property in Inverness, FL asks an average of $69 per square foot. The 4 most recent recorded sales traded at a median of $186/SF. Office carries the highest asking price at $250/SF.
How much does it cost to lease commercial space in Inverness?
Asking lease rates in Inverness, FL average $22.51 per square foot per year.
What zoning applies to commercial property in Inverness?
Inverness, FL zones 4,694 acres across 11 districts, of which 8.1% is commercial and 2.1% industrial. The largest single district is Low Density Residential District at 38.3% of zoned land. The provisions of this district are intended to provide an area of medium density single family residential development Residential zoning covers 60.5% and open space 18.3%.
Where does Realmo's Inverness market data come from?
Realmo compiles Inverness, FL figures from 4 recent recorded sales, 574 active sale listings, 27 active lease listings, 913 tracked off-market properties, the current Inverness zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 574 active for-sale and 27 active for-lease listings in Inverness, FL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 4,694 zoned acres across 11 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
