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Property profile & analytics
FOR SALE
Retail space

2018 N Florida Ave Hernando, FL 34442

2,960 SF 0.25 ac lot Built 1970
Individually Owned 3-yr Hold Free & Clear
Property ID
US18-8024467
Property summary
AI-generated overview

This exceptional commercial property presents a unique investment opportunity in Hernando, Florida. Located on Highway 41, the property boasts 200 feet of frontage, ensuring high visibility and accessibility for any business. The main building, totaling 2,960 square feet, currently houses two thriving businesses: a retail antique store and a sign fabrication/car restoration shop. This versatile structure features six offices/rooms, complete with built-in desks and cabinets, a kitchen area, two bathrooms, and two distinct sales areas. A substantial warehouse/garage area, equipped with three bay doors and an additional office, adds significant functionality. Included in this sale is an adjacent 0.5-acre lot, zoned GNC, offering considerable potential for expansion, additional parking, storage, or the development of another business. The combined properties represent a rare chance to acquire a substantial commercial presence in a high-traffic location for a single purchase price of $445,000. The existing tenants provide immediate income potential, while the versatile layout and additional land offer significant long-term growth opportunities. This is an ideal investment for a savvy business owner or investor seeking a strong return on investment in a prime Hernando location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Construction STEEL FRAME
Total area 2,960 SF
Lot 0.25 ac (11,088 SF)
Zoning code GNC GEN COMMERCIAL
APN 19E-18S-26-2A000-001.0
UPID US18-8024467
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
Current use
Occupant on record · Public records
  • Cave Creek Construction Services Construction Company General Contractor
  • Geo's Customs LLC Department Store
  • Nature Coast Restoration Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Maria E Trapuzzano · 3 yrs held
Maria E Trapuzzano
since 2023
Last sale
$199,000
7 recorded transactions
2023
Price N/A
2019
$199,000
2009
Price N/A
2009
$172,000
2007
Price N/A
2007
$66,000
2005
Price N/A
Zoning & alternative use
GNC GEN COMMERCIAL · Hernando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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