6877 S Peach Pt Homosassa, FL 34446
For Sale
Your Extraordinary Opportunity to get 10 Acres in the Economic Development Target Area at the SE corner of the Suncoast Parkway / W. Cardinal Street Interchange! The off-ramp is complete with great visibility and access. If you missed our last offer for 8.4 acres which sold for $700K at the NE corner, here is your chance to buy at the southeast corner- before developers invest massively in that area and property values go up! Citrus County's Future Land Use Map places this property as part of an Economic Development Target Area (EDTA- Reference Ord. 2021-A11) with a CMU designation (Commercial Mixed-Use) supporting projects that are functionally integrated around the Interchange. Permitted land uses include light industrial/manufacturing, transportation and distribution, travel center with fuel, restaurants, Parkway-related uses, and mixed-use commercial/hotel/government facilities! These parcels can host a development of significant impact with multiple uses such as a Gas Station/Hotel/Restaurant combo all interconnected- or even a RV Park. This rare and desirable parcel should be of high interest to regional developers/investors working with national brands, or a company's headquarters with a light-industrial facility and truck parking. Astonishingly low-priced at under $70K/acre for prompt sale! Call Now! Don Wallace or Philippe Beau with Klein and Heuchan, Inc., at (727) 441-1951. Thanks- and make it a great day!
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & 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.