62 Hwy 40th W, Inglis, FL 34449-9614
- Office buildings
- 3,696 SF
- 0.33 lot acres
Current Use by Public Records
- DAB Constructors Inc / Construction Company / General Contractor
Property Details for 62 Hwy 40th W
- Year built
- 1970
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.33 lot acres
- Property type
- Office buildings
- APN
- 836700000
- APU
- 836700000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 4, 2021 | — | Reset Now 4 LLC | William J Bachschmidt | Special Warranty Deed | — |
Description
This exceptional commercial property in Inglis, Florida, presents a unique investment opportunity. Located at 62 Highway 40 W, this nearly city-block-sized complex boasts 8,788 square feet across three buildings, situated on a 0.33-acre lot with 180 feet of Highway 40 frontage. The property is zoned commercial within the Municipal Service District and falls within the Spring Protection Area, allowing for diverse uses including urban services and commercial activities, with potential for future residential density increases. Building A (3,696 sq ft, built 2002) features three offices, a reception area, a boardroom, and covered parking. Building B (3,168 sq ft, built 1970, refurbished 2000) offers eight offices, a conference room, and an employee lounge. Building C (1,624 sq ft, built 1980, updated 1999) includes five offices and ample open space. The complex provides 33 parking spaces. Significant upgrades include new HVAC systems, a 22-square roof, a video monitoring system, and a lead-lined room. Its strategic location near the intersection of Highway 40 and US 19, within the Tri-County Servicing Area, and close to airports (including Ocala's commercial airport), ensures excellent accessibility. The anticipated 2026 completion of the $135 million Suncoast Parkway extension promises significant future growth and development potential in this thriving area. This meticulously maintained property is ideal for multiple tenants, offering a blend of quality, functionality, and prime location.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $630,000
- AI Estimate
- $630,000
Market price range: $334k - $630kMarket price range: $334k - $630k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $480,000 Current use
- COMMERCIAL (GENERAL)
- $570,000 Change: +19% Conversion: Easy
- RETAIL STORES
- $535,000 Change: +12% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Inglis
- County
- Levy
- State
- Florida
- Longitude
- -82.6718
- Latitude
- 29.0305
- CBSA code
- 23540
- CBSA name
- GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
