2216 Bluegrass St Inverness, FL 34453
This exceptional 10,200 square foot lot, located at 2216 Bluegrass Street in Inverness, Florida (zip code 34453), presents a unique investment opportunity. Zoned for both commercial and residential use, this property offers considerable flexibility for developers or investors. Situated within the Inverness Acres & Inv North City Subdivision of Citrus County, the lot benefits from a convenient location. The property is one of two adjacent lots, each measuring 0.2342 acres, and is characterized by low-density (LD) zoning. Existing homes border the property on either side, providing a sense of established community. For those seeking convenient access to amenities, this location is highly desirable. It's a short 8-minute drive (2.9 miles) to the Walmart Supercenter and a 7-minute drive (2.2 miles) to Citrus High School. Furthermore, Hernando Beach is less than an hour away. Easy access is provided via US Highway 41S
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
Similar Nearby for Sale
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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.