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OFF-MARKET
Specialty properties

17050 Us-301 Citra, FL 32113

12,500 SF Built 1986
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a prime 12,500-square-foot community shopping center in Citra, Florida. Located on US Highway 301, this property boasts high visibility and significant daily traffic. The center comprises two single-story brick buildings, constructed in 1986, offering ten commercial units within a Class B designation. The versatile spaces are ideal for a range of businesses, including restaurants (with existing commercial kitchens), pizzerias, offices, event spaces, retail shops, and more. The zoning permits community shopping center uses. The property includes ample parking to accommodate both tenants and customers. Beyond the 12,500 square feet of rentable space, an additional three acres of land provides potential for expansion or outdoor uses. This well-established center presents a strong return on investment with multiple leasing opportunities in a growing area, offering convenient access to Ocala and Gainesville. The asking price is $2,500,000. Ceiling height is 10 feet.

Property profile
Verified
Property type Specialty properties
Year built 1986
Total area 12,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Real Estate Junction Co Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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