105 Florida Ave Inverness, FL 34453-1606
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GNC GEN COMMERCIAL · Inverness, FLInverness. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.