1909 Lorena St Inverness, FL 34453
This 0.23-acre lot, located at 1909 Lorena Street in Inverness, Florida (zip code 34453), presents a unique opportunity for commercial or residential development. Situated within Inverness Acres Unit 2, this 10,125 square foot parcel offers convenient access to local amenities. It's a short 9-minute drive (2.3 miles) to a Publix supermarket and equally close (2.7 miles, 9 minutes) to Citrus High School. The property is easily accessible, following clear directions from US41-S/N: Head west on E. Arlington Street for 0.1 mile from Florida Avenue, turn left onto N. Crestwood Avenue for 1.1 miles, continue onto Milton Street for 0.1 mile, then continue on Crestwood Avenue before turning right onto Lorena Street. The lot will be on your left. The asking price for this property is $25,000. The owner possesses multiple adjacent lots and is open to discussing bulk sale options for interested parties. This presents a compelling investment opportunity for developers seeking a strategically located parcel in a growing area. The property is zoned for both commercial and residential use, offering considerable flexibility for future projects.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.