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    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
    by Request
    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
    2019
    $199,000
    2009
    2009
    $172,000
    2007
    2007
    $66,000
    2005
    Zoning & alternative use
    GNC GEN COMMERCIAL · Hernando, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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