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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7652 W Dunnellon Rd Dunnellon, FL 34433

    • Commercial land
    • 0.20 lot acres
    For Sale
    View listing
    $16,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3363969
    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

    • Commercial land

    Property Details for 7652 W Dunnellon Rd

    Lot size
    0.20 lot acres
    Zone code
    GNC GEN COMMERCIAL
    Property type
    Commercial land
    APN
    17E-17S-11-0020-00010-007.0
    APU
    17E17S110020000100070

    Description

    This exceptional .20-acre commercial land parcel, located at 7652 W Dunnellon Road, Dunnellon, Florida 34433, presents a compelling investment opportunity. The property boasts a generous 8,750 square feet and is zoned GNC, offering a wide range of potential commercial uses. Its strategic location provides easy access to downtown Dunnellon (7 miles) and US 19 (Suncoast Blvd, less than 6 miles), ensuring high visibility and convenient access for businesses. The property benefits from significant growth in the surrounding Citrus County area, evidenced by a 15.1% population increase since 2010, according to the Census Bureau. Nearby developments, such as the Black Diamond Shoppes (featuring Target, Aldi, and Texas Roadhouse) and the planned extension of the Suncoast Parkway 2 with a proposed exit nearby, further enhance the property's long-term value and potential. The asking price is $16,000. Adjacent parcels, totaling .60 acres and including an income-producing office building, are also available for purchase, providing an opportunity for significant expansion. This presents a unique chance to acquire a well-situated commercial lot in a rapidly growing area. The property's GNC zoning allows for diverse commercial development possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dunnellon
    County
    Citrus
    State
    Florida
    Longitude
    -82.5635
    Latitude
    29.011
    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
    $72
    $4,940
    $0.00
    $4,940
    -
    $4,940
    $0.00
    $4,940

    Comparable in this City

    • Value Estimation by Request
      0.40 Acres

      7603 Dunnellon Rd

      VACANT COMMERCIAL LAND • 0.40 Acres
      7603 Dunnellon Rd, Dunnellon, FL 34433-2025
      View Details
    • Value Estimation by Request
      1.11 Acres

      7825 Dunnellon Rd

      VACANT COMMERCIAL LAND • 1.11 Acres
      7825 Dunnellon Rd, Dunnellon, FL 34433-2026
      View Details
    • Value Estimation by Request
      0.46 Acres

      2346 Dunnellon Rd

      VACANT COMMERCIAL LAND • 0.46 Acres
      2346 Dunnellon Rd, Dunnellon, FL 34433-2309
      View Details
    • Value Estimation by Request
      0.20 Acres

      7430 Dunnellon Rd

      VACANT COMMERCIAL LAND • 0.20 Acres
      7430 Dunnellon Rd, Dunnellon, FL 34433-2019
      View Details
    • Value Estimation by Request
      0.60 Acres

      7501 Dunnellon Rd

      VACANT COMMERCIAL LAND • 0.60 Acres
      7501 Dunnellon Rd, Dunnellon, FL 34433-2024
      View Details
    • Value Estimation by Request
      0.20 Acres

      7407 Dunnellon Rd

      VACANT COMMERCIAL LAND • 0.20 Acres
      7407 Dunnellon Rd, Dunnellon, FL 34433-2024
      View Details

    Similar Nearby for Sale

    • $125,000
      0.54 Acres

      Dunnellon Road Semi-Wooded Land

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      0.20 Acres

      Commercial Land in Dunnellon, FL

      Vacant commercial land available in Dunnellon, Florida.
      7652 W Dunnellon Rd, Dunnellon, FL 34433
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      0.28 Acres

      Corner Lot in Quiet Area

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      0.30 Acres

      Corner Lot in Dunnellon, FL

      Corner lot on a quiet street in Dunnellon, Florida.
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      Citrus Springs Land For Sale

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      Commercial Lot in Citrus Springs

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    Dunnellon, FL 34433
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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