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Property profile & analytics
FOR SALE
Retail space

3490 W Dunnellon Rd Dunnellon, FL 34433

1,440 SF 0.39 ac lot Built 1983
Individually Owned 3-yr Hold Free & Clear
Property ID
US18-0470190
Property summary
AI-generated overview

This exceptional 1,440 square foot commercial property, situated on a 0.39-acre lot at 3490 W Dunnellon Road in Dunnellon, Florida, presents a fantastic investment opportunity. Currently configured as a two-unit building, previously occupied by a restaurant and a wellness store, each unit offers 720 square feet of versatile space. Both units include bathrooms and kitchen sink areas, providing ample flexibility for a variety of businesses. The open floor plans allow for creative layouts to suit diverse operational needs. The property boasts abundant parking, a covered porch extending the length of the building, and a sizable grassy area at the rear, offering potential for outdoor seating, a cooking area, or additional parking expansion. The property's location on heavily traveled Dunnellon Road ensures high visibility and accessibility. A new well is in place. The building is currently vacant and ready for immediate occupancy, making it ideal for entrepreneurs seeking a prime commercial location in a thriving area. The asking price is $287,000. This property offers a unique blend of convenience, visibility, and potential, making it an attractive proposition for discerning investors and business owners.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,440 SF
Lot 0.39 ac (16,916 SF)
Zoning code GNC GEN COMMERCIAL
APN 18E-17S-04-1A0A0-006.5
UPID US18-0470190
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k
Owner & transaction history
John W Shaffer · 3 yrs held
John W Shaffer
since 2023
Last sale
$250,000
3 recorded transactions
2023
$250,000
2005
$130,000
2002
$80,000
Zoning & alternative use
GNC GEN COMMERCIAL · Dunnellon, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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