Individually Owned 
For Sale
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Property summary
This 2,862 sq ft retail property in Inverness, FL, sits on a 0.72-acre lot with 125 feet of highway frontage on US 41 S, a major thoroughfare boasting 17,300 daily vehicles. Its General Commercial zoning and street-to-street access provide exceptional visibility and accessibility. The property includes a fully equipped automotive repair shop, complete with lifts, air compressors, and tools, offering immediate income potential. This turnkey operation benefits from a strong existing customer base and is poised for growth due to the influx of new residents (projected 30,000 by 2030) and the development of the nearby Holder Industrial Park, which will bring 1,000 direct and up to 2,000 indirect jobs. Annual consumer spending on vehicle maintenance and repair in the area exceeds $14 million. Located within the Tampa-St. Petersburg-Clearwater MSA, the 18th largest metropolitan area in the U.S. and a currently hot real estate market, this property represents a strategic investment opportunity with significant long-term appreciation potential. Citrus County's 61,000 vacant residential parcels further solidify the area's growth trajectory. This established business, combined with the area's robust economic expansion, makes this a low-risk, high-reward investment. The property is priced at $830,000.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Inverness market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GNC GEN COMMERCIAL · Inverness, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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