2050 Hwy 44th W Inverness, FL 34453-3836
Property profile & analytics
2050 Hwy 44th W, Inverness, FL 34453-3836
- Warehouses
- 10,000 SF
- 2.08 lot acres
Property ID
US18-2889723
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Don Poss Roofing / Roofing Company / General Contractor
Property Details for 2050 Hwy 44th W
- Year built
- 1976
- Construction
- STEEL FRAME
- Lot size
- 2.08 lot acres
- Zone code
- C COMMERCIAL
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 19E-19S-13-0020-036.2
- APU
- 19E19S1300200362
Description
This exceptional 2.08-acre commercial parcel presents a remarkable investment opportunity in the heart of Downtown Inverness, Florida. Located on heavily trafficked State Road 44 (30,000 AADT), this property offers 200 feet of prime highway frontage, ensuring unparalleled visibility and accessibility. The site benefits from convenient street-to-street access, eliminating median curb issues and providing seamless ingress and egress for customers. City water and sewer are readily available, simplifying development plans. Zoned GNC, this versatile property allows for a wide range of uses, including quick-service restaurants, retail establishments, and other commercial ventures. Its strategic location near a new Starbucks and other major retailers, including TJ Maxx and Walmart, further enhances its appeal. The property is situated within a thriving community experiencing significant growth (1.29% annual growth rate), and its proximity to Downtown Inverness, Lecanto, Hernando, and Crystal River adds to its desirability. This is a rare opportunity to acquire a highly visible and accessible commercial lot in a rapidly expanding market. The property's size, location, and zoning make it ideal for developers seeking a prime location for a variety of commercial uses. The existing infrastructure and convenient access to major roadways make this a truly exceptional opportunity. The property's location within the Tampa-St. Petersburg Metropolitan Statistical Area further enhances its investment potential. This is a unique chance to capitalize on the growth and development occurring in Citrus County, Florida.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,415,000
- 6.5%
- $1,310,000
- 7%
- $1,215,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,298,000
- AI Estimate
- $974,000
Market price range: $390k - $1.30MMarket price range: $339k - $985k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $910,000 Current use
- OFFICE BUILDING
- $1,790,000 Change: +97% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,675,000 Change: +84% Conversion: Difficult
- RETAIL STORES
- $1,390,000 Change: +53% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $1,245,000 Change: +37% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $955,000 Change: +5% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Inverness
- County
- Citrus
- State
- Florida
- Longitude
- -82.3563
- Latitude
- 28.839
- CBSA code
- 26140
- CBSA name
- HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,327
$522,500
$304,650
$827,150
-
$522,500
$304,650
$827,150
