2215 Madison St Inverness, FL 34453
This exceptional 0.23-acre lot, located at 2215 Madison Street in Inverness, Florida (zip code 34453), presents a unique opportunity for commercial and/or residential development. Situated in Inverness Acres Unit 2, Citrus County, this 10,125 square foot parcel offers convenient access to local amenities. It's a short 7-minute drive (2.1 miles) to Publix Supermarket and an 8-minute drive (2.5 miles) to Citrus High School. The property is easily accessible, with clear directions provided: From US41-S/N Florida Avenue, turn right onto N. Independence Highway for 1.9 miles, then left onto Monroe Street, right onto Long Street, and finally left onto Madison Street. The lot will be on your right. This is a remarkable opportunity for investors seeking a versatile property with potential for various uses. The seller owns multiple lots in the area and is open to bulk sales for interested parties. The asking price for this strategically located parcel is $25,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.