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Property profile

1811 Suncoast Blvd Homosassa Springs, FL 34448

OFF-MARKET
Retail properties & Spaces
4,750 SF
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Property summary

AI-generated overview

This exceptional fitness center, located at 1811 S Suncoast Blvd, Homosassa Springs, FL 34448, presents a unique investment opportunity. Boasting 4,750 square feet of space in a single-story building, this fee-simple property is situated on US Highway 19, ensuring high visibility and accessibility. Currently operating at 40% occupancy, with a projected occupancy date of June 6th, 2024, this business offers significant upside potential. The gym features a wide array of state-of-the-art equipment, including cardio machines, pin-select and plate-loaded machines, dumbbells ranging from 5 to 120 lbs, adjustable benches, weighted barbells, a Smith machine, squat racks, Olympic plates, kettlebells, suspension training bands, resistance bands, and a training sled. The property is zoned GNC, providing flexibility for future expansion or adaptation. The asking price is $1,500,000. This is a rare chance to acquire a well-established fitness center in a prime Citrus County location with substantial growth prospects. The property's strategic location and comprehensive equipment inventory make it an attractive investment for both seasoned entrepreneurs and newcomers to the fitness industry. Don't miss this opportunity to own a thriving business in a desirable Florida market.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,750 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1811 Suncoast Blvd Homosassa Springs, FL 34448
Homosassa Springs metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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