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Property profile & analytics
FOR LEASE
Retail space

401 Tompkins St Inverness, FL 34450

1,600 SF 0.34 ac lot Built 1900
Entity Owned ~ Est. High Equity
Property ID
US18-0222240
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,600 SF
Lot 0.34 ac (15,000 SF)
Zoning code C COMMERCIAL
APN 20E-19S-17-0010-00020-015.0
UPID US18-0222240
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
  • 7th Heaven Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jmemg Properties INC
Jmemg Properties INC
since 2026
5 recorded transactions
2026
$316,750
2015
$150,000
2014
Price N/A
2013
$95,000
2005
$120,000
Zoning & alternative use
C COMMERCIAL · Inverness, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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