7300 Turner Camp Rd Inverness, FL 34453
- Grocery and convenience stores
- 2,400 SF
- 1.00 lot acres
Current Use by Public Records
- Kwik Save Foodmart / Convenience Store
Property Details for 7300 Turner Camp Rd
- Year built
- 1973
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.00 lot acres
- Property size
- 2,400 SF
- Zone code
- CLR COASTAL LAKES & RVRS
- Property type
- Grocery and convenience stores
- APN
- 20E-18S-33-31000-004.0
- APU
- 20E18S33310000040
Description
This exceptional commercial property, located at 7300 E Turner Camp Road, Inverness, FL 34453, presents a unique investment opportunity. The 2,400 square foot retail building sits on a spacious 43,612 square foot lot and is currently operational. A key advantage is its strategic location near Highway 41 southbound, providing easy access to Inverness and other nearby cities like Hernando and Dunnellon. The property benefits from its proximity to the Wyld Palms subdivision, ensuring a consistent customer base. The building features a recently installed metal roof (February 2024), upgraded cooler compressors and interior units (2 years ago), and a 5-ton AC unit (installed 5 years ago). All coolers and freezers are seller-owned, except for the Red Bull cooler, which is vendor-supplied. Note that a second, closed convenience store at 6011 E Turner Camp Road was previously purchased by the seller to eliminate competition. This presents a potential for expansion or additional revenue streams. This property is ideal for an investor seeking a profitable retail venture in a rapidly growing area. The asking price is $875,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $265,000
- 6.5%
- $260,000
- 7%
- $285,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $315,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $245,000
- Mixed-Use
- $310,000
- Hospitality
- $280,000
- Educational
- $305,000
- Residential Income
- $240,000
- Energy
- $325,000
- Income-Based Land
- $285,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Inverness
- County
- Citrus
- State
- Florida
- Longitude
- -82.3123
- Latitude
- 28.8789
- CBSA code
- 26140
- CBSA name
- HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA