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Property profile & analytics
OFF-MARKET
Commercial real estate

1108 Farmdale Ave Inverness, FL 34453

Property ID
US18-2856203
Property summary
AI-generated overview

This exceptional 10,125 square foot lot presents a unique investment opportunity in Inverness, Florida. Located at 1108 Farmdale Avenue, within Inverness Acres Unit 2, this property offers both commercial and residential zoning potential, providing flexibility for a variety of uses. The lot's convenient location offers easy access to essential amenities. It's situated just 3.3 miles (approximately 8 minutes) from the Walmart Supercenter and 3.4 miles (approximately 9 minutes) from Citrus High School, ensuring convenient access to shopping and education. Detailed directions are available: From US41-S/N Florida Avenue, turn right onto N. Independence Highway for 1.6 miles, then left onto Tyler Street, and finally left onto Farmdale Avenue. The lot will be on your right. This is a 0.23-acre parcel, ideal for developers or investors seeking a versatile property in a desirable location. The seller owns multiple lots in the area and is open to bulk sales for interested parties. This presents a rare chance to acquire a strategically positioned property in a growing Citrus County community. The asking price is $25,000. Don't miss this opportunity to secure this valuable piece of land.

Property profile
Verified
Property type Commercial real estate
UPID US18-2856203
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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