70 Florida Ave Inverness, FL 34453-1609
This exceptional 6,000 square foot commercial property in Inverness, Florida, presents a unique investment opportunity. Situated on a 3.13-acre lot, this versatile building boasts five bay doors, ample office space, and high visibility on North Florida Avenue, a road with an annual average daily traffic count of 14,100. The property's zoning allows for a variety of uses, including an auto shop, gas station, or warehouse, making it ideal for entrepreneurs and investors seeking a high-traffic location. The expansive lot offers significant potential for future development. The property's waterfront location adds to its appeal and provides additional opportunities. The building's substantial size and multiple bay doors provide flexibility for various business operations. The existing office space is ready for immediate use, offering a convenient workspace. Buyers are advised to independently verify zoning and usage with Citrus County authorities to ensure compliance with all regulations. The asking price for this exceptional property is $500,000. This is a rare opportunity to acquire a well-located, multi-use commercial property in a thriving Florida community.
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
GNC GEN COMMERCIAL · Inverness, FLInverness. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.