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    Property profile & analytics

    3490 W Dunnellon Rd Dunnellon, FL 34433

    • Retail space
    • 1,440 SF
    • 0.39 lot acres
    For Sale
    View listing
    $277,000
    Value Estimation
    Last Sale
    Jul 07, 2023
    $250,000
    Location Intelligence
    Property ID
    US18-0470190
    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.

    Current Use by Public Records

    • Retail space

    Property Details for 3490 W Dunnellon Rd

    Year built
    1983
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.39 lot acres
    Property size
    1,440 SF
    Zone code
    GNC GEN COMMERCIAL
    Property type
    Retail space
    APN
    18E-17S-04-1A0A0-006.5
    APU
    18E17S041A0A00065

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $235,000
      6.5%
      $230,000
      7%
      $230,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $255,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $250,000
      Mixed-Use
      $255,000
      Hospitality
      $285,000
      Educational
      $245,000
      Residential Income
      $235,000
      Energy
      $225,000
      Income-Based Land
      $255,000
      Food Service
      $230,000

    Location Insight

    • Map
    • Local Demand
    City
    Dunnellon
    County
    Citrus
    State
    Florida
    Longitude
    -82.4935
    Latitude
    29.0359
    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
    $1,523
    $15,240
    $70,600
    $85,840
    -
    $15,240
    $70,600
    $85,840

    Comparable in this City

    • Value Estimation by Request
      900 SF

      5866 Dunnellon Rd

      RETAIL STORES (PERSONAL SERVICES) • 900 SF
      5866 Dunnellon Rd, Dunnellon, FL 34433-2627
      View Details
    • Value Estimation
      $295,000
      2,880 SF

      7908 Dunnellon Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,880 SF
      7908 Dunnellon Rd, Dunnellon, FL 34433-2021
      View Details
    • Value Estimation
      $215,000
      2,400 SF

      2821 Dunnellon Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      2821 Dunnellon Rd, Dunnellon, FL 34433-2310
      View Details
    • Value Estimation
      $285,000
      3,360 SF

      2540 Dunnellon Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,360 SF
      2540 Dunnellon Rd, Dunnellon, FL 34433-2311
      View Details
    • Value Estimation
      $285,000
      3,360 SF

      2516 Dunnellon Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,360 SF
      2516 Dunnellon Rd, Dunnellon, FL 34433-2311
      View Details
    • Value Estimation by Request
      12,648 SF

      2174 Dunnellon Rd

      GYM, HEALTH SPA • 12,648 SF
      2174 Dunnellon Rd, Dunnellon, FL 34433-2308
      View Details

    Similar Nearby for Sale

    • $277,000
      0.39 Acres

      Commercially Zoned Building on Dunnellon

      Commercially zoned building with high visibility and flexible space.
      3490 W Dunnellon Rd, Dunnellon, FL 34433
      View Details
    • $315,000
      0.41 Acres

      Commercial Property in Dunnellon, Florida

      Commercial property with retail, office, and warehouse space for sale.
      2728 W Dunnellon Rd, Dunnellon, FL 34433
      View Details
    • $128,800
      990 SF

      Dunnellon Riverfront Commercial Property

      Fixer-upper retail space, prime river location.
      12421 Handy Ter, Dunnellon, FL 34433
      View Details
    • $569,000
      1.50 Acres

      Auto Shop on Highway 488

      Auto shop with U-Haul dealership on 1.5 acres.
      3430 W Dunnellon Rd, Dunnellon, FL 34433
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    • Contact for pricing

      Citrus Springs Residential Land

      11,625 SF lot, build your dream home.
      8760 Athens Dr, Citrus Springs, FL 34433
      View Details
    • $38,000

      Dunnellon Commercial Land - $38K

      Prime .40-acre commercial lot, GNC zoning.
      7622 Dunnellon Rd, Dunnellon, FL 34433
      View Details
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    Dunnellon, FL 34433
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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