12001 Hwy 441st S Micanopy, FL 32667-3393
This well-constructed 2,184 square foot commercial building sits on a 1.74-acre lot comprised of two tax parcels, offering over 500 feet of frontage on heavily trafficked US Highway 441. Strategically located just south of Paynes Prairie Preserve State Park and north of the charming town of Micanopy, this property benefits from high visibility and convenient access for customers. Previously occupied by a successful Italian restaurant, the building presents a versatile space adaptable to a variety of commercial uses. The building's solid construction provides a strong foundation for a new business venture. The location offers easy access to both Gainesville and Ocala, expanding the potential customer base. The Micanopy area is ripe for new businesses, and this property's prime location and ample space make it an exceptional investment opportunity. The 1.74-acre lot provides ample room for expansion or outdoor seating, further enhancing its appeal. This property is being offered at $275,000 and presents a unique chance to establish a thriving business in a desirable location. The tax records indicate a slightly larger building size of 2,680 square feet.
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
Property description
Physical attributes from public recordsZoning & alternative use
BR · Micanopy, FLCosts & 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.