Property profile

8123 S Lecanto Hwy Lecanto, FL 34461

FOR SALE
Retail properties & Spaces
Property ID
US18-6109894
27,501 SF 37.33 ac lot Built 2007
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Property summary

AI-generated overview

The property consists of multiple buildings on a total land area of 37.33 acres, with zoning designated as GNC (11.37 acres) and AGRMH (25.96 acres). Improvements include a fully equipped commercial restaurant building of approximately 8,603 square feet, an event venue building of approximately 9,586 square feet, and a primary residence of approximately 9,312 square feet. Additional accessory structures include a detached garage/workshop of approximately 2,000 square feet, along with a contractor trailer, storage rig, and a pole barn. The land has historical use as a blueberry farm, with reference to 64 rows irrigated by a diesel-well system using a turbine gear drive motor; the described irrigation system includes a pump capacity of approximately 2,300 gallons per minute and a 12-inch well pump powered by a CAT 3406 engine. Two sides of the property border State Forest, and the site has approximately 1,268 feet of frontage along Highway 491, located less than 5 miles from the Suncoast Parkway.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2007
Total area 27,501 SF
Lot 37.33 ac (1,626,095 SF)
UPID US18-6109894

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Specialty Food Shop Farmer's Market

Location

8123 S Lecanto Hwy Lecanto, FL 34461
Lecanto metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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