2109 Mistletoe St Inverness, FL 34453
This exceptional 10,800 square foot lot presents a unique investment opportunity in Inverness, Florida. Located in Inverness Acres Unit 2, this property offers significant potential for development, although it's important to note that there is currently no road access. Situated east of Citrus Lake, off E. Dawson Drive, the precise location is defined by coordinates 28.857367 latitude and -82.35769 longitude. The property is zoned for both commercial and residential use, providing flexibility for a variety of development plans. The asking price is $25,000, and the seller owns multiple adjacent lots, making bulk purchases a possibility for interested parties seeking a larger land acquisition. This presents a compelling opportunity for investors or developers looking to capitalize on the growing Inverness real estate market. The property's size and dual zoning make it suitable for a range of projects, from small-scale commercial ventures to residential construction. Prospective buyers should conduct their own due diligence regarding access and development possibilities. The property is located in Citrus County, Florida, with a zip code of 34453.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.