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Property profile & analytics
OFF-MARKET
Retail space

105 Florida Ave Inverness, FL 34453-1606

1,200 SF 0.65 ac lot Built 1958
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-3811045
Property summary
AI-generated overview

This 1,200 square foot storefront, located at 105 N Florida Ave in Inverness, Florida, presents a compelling investment opportunity. Built in 1958, this property sits on a 0.65-acre lot and boasts a successful 30+ year retail history. Currently zoned GNC, it benefits from a daily traffic count of 16,000 vehicles on N Florida Ave, a number projected to increase with the road's planned expansion to four lanes in 2025. The asking price is $257,000, translating to $214.17 per square foot. The property includes a fenced backyard offering ample space for potential expansion. This established business location is being sold "AS IS," providing a blank canvas for a new owner to capitalize on its prime position in Citrus County. The property's location and high visibility make it an ideal investment for a variety of retail ventures. Don't miss this chance to secure a thriving business in a rapidly growing area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,200 SF
Lot 0.65 ac (28,430 SF)
Zoning code GNC GEN COMMERCIAL
APN 20E-19S-06-0010-001.0
UPID US18-3811045
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jose Lira · 1 yrs held
Jose Lira
since 2024
Last sale
$220,000
3 recorded transactions
2024
$220,000
2024
Price N/A
2014
Price N/A
Zoning & alternative use
GNC GEN COMMERCIAL · Inverness, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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