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    Property profile & analytics

    321 Us Hwy 41 Inverness, FL 34450-4955

    • Turn key restaurants
    • 1,792 SF
    • 1.15 lot acres
    OFF-MARKET
    Value Estimation
    $775,000
    Last Sale
    Jul 26, 2021
    $775,000
    Location Intelligence
    Property ID
    US18-4659332
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Huddle House / Restaurant / Southern Restaurant (Us)

    Property Details for 321 Us Hwy 41

    Year built
    2003
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.15 lot acres
    Property size
    1,792 SF
    Zone code
    C COMMERCIAL
    Property type
    Turn key restaurants
    APN
    20E-19S-17-0050-014.0
    APU
    20E19S1700500140

    Description

    This exceptional restaurant space, totaling 1,792 square feet, presents a remarkable opportunity for culinary entrepreneurs in the thriving city of Inverness, Florida. Situated on a prominent 1.15-acre lot (50,191 square feet) at 321 US Hwy 41 S, 34450, this single-tenant property boasts unparalleled visibility and accessibility. The building's strategic location on a busy thoroughfare ensures high traffic volume and exposure to a large potential customer base. With 24 parking spaces readily available, patrons will find convenient and ample parking. The property is zoned C, making it ideally suited for a variety of restaurant concepts. The interior layout is versatile and adaptable, allowing for customization to meet the specific needs of a new restaurant. The property's proximity to local attractions and residential areas guarantees a steady stream of customers. This move-in ready space offers immediate occupancy, allowing for a swift and efficient launch of your culinary venture. Don't miss this chance to establish your restaurant in a prime commercial location within a vibrant and growing community.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $770,000

    • CAP approach

      CAP return
      Estimation
      6%
      $800,000
      6.5%
      $725,000
      7%
      $715,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $865,000
      Geo Method
      $710,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $700,000
      Retail
      $710,000
      Mixed-Use
      $780,000
      Hospitality
      $805,000
      Educational
      $820,000
      Residential Income
      $875,000
      Energy
      $885,000
      Income-Based Land
      $835,000
      Food Service
      $810,000

    Location Insight

    • Map
    • Local Demand
    City
    Inverness
    County
    Citrus
    State
    Florida
    Longitude
    -82.3235
    Latitude
    28.832
    CBSA code
    26140
    CBSA name
    HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,271
    $198,250
    $220,200
    $418,450
    -
    $198,250
    $220,200
    $418,450

    Comparable in this City

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      207 Apopka Ave

      RESTAURANT • 1,532 SF
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      View Details
    • Value Estimation
      $310,000
      1,920 SF

      859 Us Hwy 41

      RESTAURANT • 1,920 SF
      859 Us Hwy 41, Inverness, FL 34450-6893
      View Details

    Similar Nearby for Sale

    • $1,200,000
      3,266 SF

      Thriving Restaurant in Inverness, FL

      Established restaurant for sale in historic Inverness, Florida.
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      Thriving restaurant on Highway 41, a community staple for 17 years.
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      Prime Commercial Land For Sale

      1.85-acre commercial land in booming Inverness, Florida.
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      Downtown Inverness Commercial Property For Sale

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    Similar Nearby for Lease

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    Inverness, FL 34450-4955
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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