3365 E Millwood Ln, Hernando, FL 34442
- Outlet malls
- 8,320 SF
- 1.26 lot acres
Current Use by Public Records
- Outlet malls
Property Details for 3365 E Millwood Ln
- Year built
- 2012
- Construction
- STEEL FRAME
- Lot size
- 1.26 lot acres
- Zone code
- GNC GEN COMMERCIAL
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 19E-18S-10-0010-094.0
- APU
- 19E18S1000100940
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 10, 2026 | $370,700 | Kilmer Justin | Two Creeks LLC | Warranty Deed | — |
| Mar 16, 2023 | $670,000 | Creeks LLC | Richard J Rosenthal | Special Warranty Deed | — |
| Nov 9, 2012 | $1,400,000 | Richard J Rosenthal | Fd Fernando LLC | Warranty Deed | $1.1M · Northwest FCU |
| Jun 19, 2012 | $275,000 | Fd Hernando LLC | Phillips,harold J & Katherine L | Warranty Deed | $945k · Usameribank |
| Apr 1, 1991 | — | Phillips,harold J Tr | Owner Name Unavailable | Grant Deed · related | — |
Description
This exceptional 8,320-square-foot retail space is available for lease in Hernando, Florida. Located on Highway 200, this single-tenant building offers prime visibility and easy access to both Ocala and Inverness. Built in 2012, the property features a spacious 8,320-square-foot interior, perfect for a variety of commercial uses, including showroom, flex space, or convenient store. The building boasts a 1.26-acre lot with 34 parking spaces, ensuring ample customer parking. The interior features versatile space with ceiling heights ranging from 15 to 19 feet, durable concrete floors, and energy-efficient fluorescent and LED lighting. Two ADA-compliant restrooms are included. The property is zoned GNC and sits on a prominent corner lot with two convenient access points, maximizing visibility and accessibility. This Class C building presents a rare opportunity for businesses seeking a high-traffic location at an affordable rental rate. The property's location in Citrus County, Florida, offers excellent access to major roadways and a growing community. This is an ideal space for businesses seeking high visibility and convenient access for customers. The property is ready for immediate occupancy.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $905,000
- ML approach
- $910,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,330,000
- 6.5%
- $1,230,000
- 7%
- $1,140,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $920,000
- AI Estimate
- $885,000
Market price range: $668k - $1.94MMarket price range: $537k - $1.67M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,155,000 Current use
- COMMERCIAL (GENERAL)
- $1,390,000 Change: +21% Conversion: Easy
- OFFICE BUILDING
- $1,355,000 Change: +17% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,035,000 Change: -10% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hernando
- County
- Citrus
- State
- Florida
- Longitude
- -82.378
- Latitude
- 28.9328
- CBSA code
- 26140
- CBSA name
- HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA
