Technical
Financial
Distress signals
Property profile

3238 Florida Ave Inverness, FL 34450

OFF-MARKET
Retail space
Property ID
US18-4464801
2,204 SF 0.5 ac lot Built 1960
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 6,100 square foot retail property in Inverness, Florida, presents a lucrative investment opportunity. Strategically located on a corner lot at the intersection of four-lane US Highway 41 and a residential street, this property offers unparalleled visibility and accessibility. The main retail building comprises approximately 2,500 square feet of climate-controlled leasable space, complemented by ample parking. Currently occupied by a long-term tenant, this section provides immediate and consistent rental income. Adding to the property's value is a separate storage building encompassing approximately 2,600 square feet, divided into five individually rented units, each generating additional monthly revenue. All storage units are currently leased, ensuring a steady stream of passive income. The 0.5-acre lot provides significant potential for future expansion or development, particularly given its proximity to the Inverness Airport expansion and the planned Business Park. This property is ideally suited for investors seeking a high-yield, low-maintenance investment with immediate cash flow, or for entrepreneurs looking to establish a business in a high-traffic area. Showings are by appointment only.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,204 SF
Lot 0.5 ac (21,652 SF)
Zoning code GNC GEN COMMERCIAL
APN 20E-19S-21-0020-02000-001.0
UPID US18-4464801

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gun Shop Safe & Vault Shop
  • Motorcycle Shop

Location

3238 Florida Ave Inverness, FL 34450-6876
Inverness metro Census 451104 HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2026
3 recorded transactions
2026
Price N/A
2024
Price N/A
2023
Price N/A

Zoning & alternative use

GNC GEN COMMERCIAL · Inverness, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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