401 Tompkins St Inverness, FL 34450
For Lease
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This exceptional 1,600 square foot retail property presents a remarkable investment opportunity in the heart of historic Inverness, Florida. Situated on a prominent 0.34-acre corner lot, this property boasts unparalleled visibility and accessibility, ensuring high traffic and customer convenience. Its prime location within the city limits offers significant advantages for a diverse range of businesses. Ample parking is readily available, guaranteeing ease of access for patrons. The property's strategic location places it in close proximity to key community landmarks, including Citrus Memorial Hospital, Citrus High School, Inverness City Hall, and the Citrus County Courthouse, further enhancing its appeal and potential for success. This established commercial space is ready for immediate occupancy and offers a unique chance to establish or relocate your business in a thriving and historic community. The property's size and location make it suitable for a variety of retail uses, providing a strong foundation for growth and profitability. The 0.34-acre lot provides ample space for expansion or outdoor amenities, adding further value to this already exceptional offering. Don't miss this chance to own a piece of Inverness history and capitalize on this prime commercial real estate opportunity. The property is priced at $425,000.
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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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C COMMERCIAL · Inverness, 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.