3464 Norvell Bryant Hwy Hernando, FL 34442-3295
This exceptional 15,000-square-foot industrial property, situated on a 2-acre lot in Hernando, Florida (34442), presents a compelling investment opportunity. The single-story, 1989-built building underwent renovations in 2020 and boasts a 100' x 150' steel frame structure. Currently configured as two 7,500-square-foot leased spaces with a remaining lease term of one year on a three-year agreement, this multi-tenant property offers immediate income potential. Key features include 17-foot high ceilings, two loading docks (including one with a leveler), two dock-high doors, a covered rear storage area, and an outside garage. Ample parking is provided with 20+ spaces. The property benefits from city water and septic and enjoys a high-visibility location on a busy intersection. The permitted zoning is industrial. This property is part of a two-building complex, offering the potential to acquire both for increased space or rental income. Owner financing is available. The asking price is $1,500,000. This is a gross lease with two tenants.
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American Stone & Tiles Hardware & Home Improvement Carpet & Flooring Store
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American Kitchens & Bath LLC. Hardware & Home Improvement Furniture & Home Goods
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J & J Construction Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
IND INDUSTRIAL · Hernando, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.