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    3451 Louise Ln Hernando, FL 34442-4396
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    Property profile & analytics

    3451 Louise Ln, Hernando, FL 34442-4396

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    • Strip malls
    • 26,580 SF
    • 3.27 lot acres
    Off-Market
    Last Sale Jun 29, 2021
    $950,000
    Property ID
    US19-0910166
    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.

    Value Estimations
    $950,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Joan Ogara Trucking Inc / Trucking Company
    • Dirty Doggies House of Beauty, LLC / Pet Grooming Service
    • A Step Ahead Performing Arts Academy / Training Center
    • Get Memorable / Furniture & Home Goods
    • Skipper's Whiskey River Saloon / Bar & Pub

    Property Details for 3451 Louise Ln

    Year built
    2011
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.27 lot acres
    Zone code
    GNC GEN COMMERCIAL
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    19E-18S-23-0010-068.0
    APU
    19E18S2300100680

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 29, 2021 — Be Jones LLC Brenda Kaye Skipper Quit Claim Deed · related $855k · Capital City Bank
    Apr 13, 2020 — Brenda K Skipper Be Jones LLC Quit Claim Deed · related —
    Mar 5, 2018 — Be Jones LLC — Deed · related $738k · Murahari & Leela Purugulla
    Mar 7, 2017 $950,000 Be Jones LLC Venkappa LLC Warranty Deed $738k · Murahari & Leela Purugulla
    May 18, 2012 $725,000 Venkappa LLC RT 41 LLC Warranty Deed $400k · RT 41 LLC
    Jan 15, 2009 — RT 41 LLC Tmc Investments INC Deed In Lieu Of Foreclosure · related —
    May 30, 2006 — RT 41 LLC Route 41 LLC Quit Claim Deed · related —
    May 30, 2006 $450,000 Hicks Of Bruce Investments INC RT 41 LLC Warranty Deed $400k · RT 41 LLC
    Oct 5, 2005 — Route 41 LLC Stenger,kenneth Quit Claim Deed · related —
    Apr 15, 2005 $300,000 Kenneth Stenger Hause Construction Co INC Warranty Deed $150k · Ronald C Hause
    — — Be Jones LLC — Loan Modification · related $738k · Murahari & Leela Purugulla

    Description

    This exceptional 26,580 square foot retail center, situated on a 3.27-acre lot in Hernando, Florida, presents a compelling investment opportunity. The property, known as 200 Plaza, is a 12-unit neighborhood shopping center boasting a diverse tenant mix currently occupying 89% of the space. Located on a full city block, it benefits from over 632 feet of highway frontage on SR 200, ensuring excellent visibility and accessibility with easy ingress and egress. The high traffic location is further enhanced by its proximity to US 41 N, boasting a combined 20,800 AADT. Ample parking is provided with 71 well-lit surface spaces (2.8/1,000 SF NRA). The property is zoned General Neighborhood Commercial (GNC). This thriving center is strategically positioned within the Citrus County Submarket of the Tampa/St. Petersburg MSA, a rapidly growing area with an existing population of 153,600 residents and projected growth to 350,000 residents under the county's Local Development Code. Infrastructure improvements are underway to accommodate an anticipated influx of 30,000 new residents by 2030. The area's high number of vacant parcels (61,000 – 3rd highest in Florida) indicates significant future development potential. This property offers a strong return on investment in a prime location within one of the nation's largest MSAs.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $945,000
      ML approach
      $1,100,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $804,000
      Market price range: $757k - $2.12M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Hernando
    County
    Citrus
    State
    Florida
    Longitude
    -82.3767
    Latitude
    28.907
    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
    $18,483
    $155,980
    $880,140
    $1,036,120
    -
    $155,980
    $880,140
    $1,036,120
    More about this property
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