2405 Monroe St Inverness, FL 34453
This exceptional 0.46-acre commercial and residential lot, encompassing 20,250 square feet, presents a unique investment opportunity in the desirable Inverness, Florida area. Located at 2405 Monroe Street, Citrus County, zip code 34453, this buildable lot offers convenient access to local amenities. It's situated just a short 8-minute drive (2.4 miles) from a Publix Supermarket and an 8-minute drive (2.9 miles) from Citrus High School, ensuring a strategic position for both residential and commercial development. Easy access is provided from US41-S/N. Directions: From Florida Avenue, turn right onto N. Independence Highway for 1.9 miles, then left onto Monroe Street. The property will be on your right. The asking price for this property is $50,000. The owner possesses multiple lots and is open to discussing bulk sale options for interested parties. This versatile property is zoned for both commercial and residential use, making it ideal for a variety of development projects. The property's location and size make it an attractive proposition for investors seeking a prime piece of land in a growing community.
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.
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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.