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Property profile & analytics
FOR SALE
Commercial real estate

20804 W Pennsylvania Ave Dunnellon, FL 34431

3,519 SF 0.7 ac lot Built 1961
Individually Owned Absentee Owner Free & Clear
Property ID
US18-5347849
20804 W Pennsylvania Ave, Dunnellon, FL 34431 For Sale
$405,000 3,519 SF
20804 W Pennsylvania Ave, Dunnellon, FL 34431
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Property summary
AI-generated overview

This exceptional 3,519 square foot mixed-use property, situated on a 0.7-acre corner lot in Dunnellon, Florida, presents a remarkable investment opportunity. Its prime location at a busy four-way stop ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The open floor plan is perfectly suited for retail display, showcasing merchandise effectively. Currently operating as an art gallery and housing a fiber optic network system, the property demonstrates adaptability and existing infrastructure. The building includes two restrooms, providing ample convenience for customers and employees. Parking is readily available with eight designated spaces on the property, supplemented by two additional street parking spots. The property is being sold subject to Florida Statute 163.380, concerning the disposal of property within a community redevelopment area. This presents a unique chance to acquire a well-positioned commercial space at an attractive price point. The building's versatile layout and prominent location offer significant potential for growth and return on investment. Don't miss this opportunity to own a thriving commercial property in a dynamic location. Priced to sell, this property won't last long.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1961
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,519 SF
Lot 0.7 ac (30,492 SF)
Zoning code B3; R3
APN 3380-0467-00
UPID US18-5347849
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
  • Rainbow Springs Art, Inc Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Travis Loury
Travis Loury
since 2025
1 recorded transaction
2025
$300,000
Zoning & alternative use
B3; R3 · Dunnellon, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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