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    Property profile & analytics

    431 Us Hwy 41 Inverness, FL 34450-4936

    • Turn key restaurants
    • 2,598 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $250,000
    Location Intelligence
    Property ID
    US18-5328055
    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

    • Turn key restaurants

    Property Details for 431 Us Hwy 41

    Year built
    1973
    Construction
    STEEL FRAME
    Lot size
    0.23 lot acres
    Property size
    2,598 SF
    Zone code
    C COMMERCIAL
    Property type
    Turn key restaurants
    APN
    20E-19S-17-0050-00540-001.5
    APU
    20E19S170050005400015

    Description

    This exceptional 2,638 sq. ft. commercial property, situated on 0.425 acres of land on Highway 41 in Inverness, presents a unique investment or lease opportunity. The single-tenant building, constructed in 1973, is a sturdy concrete block structure with a durable metal roof. Its versatile layout, previously zoned for restaurant use, offers significant flexibility. The property features three front entrances and four separate power meters, allowing for operation as a single unit or division into four distinct spaces. Benefit from 270 feet of highway frontage, ensuring high visibility and easy access. Ample parking is available in the adjacent lot. The property's location directly across from the popular Rails to Trails path provides consistent foot traffic. Its proximity to downtown Inverness, a rapidly developing area, offers significant growth potential. The open interior allows for customization to suit diverse business needs. This prime location combines high visibility with convenient access and strong pedestrian traffic, making it an attractive option for a variety of commercial ventures.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $240,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $195,000
      Geo Method
      $250,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $185,000
      Retail
      $185,000
      Mixed-Use
      $230,000
      Hospitality
      $190,000
      Educational
      $230,000
      Residential Income
      $225,000
      Energy
      $200,000
      Income-Based Land
      $210,000
      Food Service
      $245,000

    Location Insight

    • Map
    • Local Demand
    City
    Inverness
    County
    Citrus
    State
    Florida
    Longitude
    -82.3207
    Latitude
    28.8289
    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
    $3,762
    $47,210
    $122,600
    $169,810
    -
    $47,210
    $122,600
    $169,810

    Comparable in this City

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      RESTAURANT • 2,582 SF
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    • Value Estimation
      $245,000
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      207 Apopka Ave

      RESTAURANT • 1,532 SF
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      View Details
    • Value Estimation
      $310,000
      1,920 SF

      859 Us Hwy 41

      RESTAURANT • 1,920 SF
      859 Us Hwy 41, Inverness, FL 34450-6893
      View Details

    Similar Nearby for Sale

    • $1,200,000
      3,266 SF

      Thriving Restaurant in Inverness, FL

      Established restaurant for sale in historic Inverness, Florida.
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      View Details
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      Thriving restaurant on Highway 41, a community staple for 17 years.
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    • $649,500
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      Prime Commercial Land For Sale

      1.85-acre commercial land in booming Inverness, Florida.
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      Downtown Inverness Commercial Property For Sale

      Adaptable commercial space in vibrant downtown Inverness, suitable for various businesses.
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      Inverness Retail Investment Opportunity

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    Similar Nearby for Lease

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      Inverness Commercial Property for Rent

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      View Details
    • $8,250 /Mo
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    Inverness, FL 34450-4936
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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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