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Property profile & analytics
OFF-MARKET
Investment properties

21 Croft Ave Inverness, FL 34453-0524

1,475 SF 0.45 ac lot Built 1965
Trust Owned 24-yr Hold Absentee Owner
Property ID
US18-5183903
Property summary
AI-generated overview

This exceptional 1,523-square-foot office building in Inverness, Florida, presents a rare investment opportunity. Located at 21 S Croft Ave, on a highly trafficked corner lot (.45 acres) with 160 feet of road frontage, this single-story, 1965-built structure boasts excellent visibility. Currently configured as a hair salon, the building includes a handicap-accessible ramp and restroom, a kitchen, and a separate break room/office area. Ample parking is available. The property's strategic location offers easy access to major roadways, including FL-44 (Gulf to Lake Hwy), and is within close proximity to shopping, dining, and essential services such as Bealls, TJ Maxx, and Regal Citrus Cinema. The property is served by septic and public water. The permitted zoning is MDR. This turnkey operation offers immediate potential for various business uses. An adjacent lot (.22 acres at 27 N Croft Ave) may also be available for purchase separately. The asking price is $334,900. This is a fantastic opportunity to own a well-located, established business property in a thriving community.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,475 SF
Lot 0.45 ac (19,540 SF)
Zoning code MDR MED DENSITY RESIDENT
APN 19E-19S-02-0020-00290-075.0
UPID US18-5183903
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
  • From Head To Toe Hair Salon Nail Salon
  • Stephanies Eyebrows (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Conley Paula L Trust
Conley Paula L Trust
2 recorded transactions
1969
Price N/A
1969
Price N/A
Zoning & alternative use
MDR MED DENSITY RESIDENT · Inverness, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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