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Property profile & analytics
FOR SALE
Office buildings

3729 S Lecanto Hwy Lecanto, FL 34461

2,988 SF 2 ac lot Built 1930
Trust Owned 20-yr Hold Free & Clear
Property ID
US19-0711910
Property summary
AI-generated overview

This exceptional commercial property, located at 3729 S Lecanto Hwy in Lecanto, Florida, presents a unique investment opportunity. Spanning 4,812 square feet across three buildings on a two-acre lot, this mixed-use property offers unparalleled versatility. Built in 1930 and 1965 with renovations in 2006, the main building, boasting a residential style, offers approximately 2988 square feet of flexible space suitable for retail, office, or hospitality uses. Two additional buildings, one 1056 square feet and the other 768 square feet, provide further expansion or independent use possibilities. The property benefits from a prime location on busy South Lecanto Hwy, directly across from the College of Central Florida, Wilton Simpson Citrus Campus, ensuring high visibility and accessibility. Ample parking is available for employees and customers. Zoned for commercial and mixed-use purposes, this fee-simple property offers significant potential for various business ventures. The asking price is $1,170,000 ($243.14/sq ft). Lease options and lease/purchase terms are available. The property is currently operating as a vacation rental. Don't miss this chance to own a premium commercial property in a rapidly growing area.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1930
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,988 SF
Lot 2 ac (87,120 SF)
Zoning code GNC GEN COMMERCIAL
APN 18E-19S-21-21330
UPID US19-0711910
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
Current use
Occupant on record · Public records
  • Legendary Marketing Advertising Agency Marketing & Advertising
  • World's Best Golf Destinations Media Distribution
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Flockhart Family Trust · 20 yrs held
Flockhart Family Trust
since 2005
3 recorded transactions
2005
$375,000
2004
$203,000
1969
Price N/A
Zoning & alternative use
GNC GEN COMMERCIAL · Lecanto, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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