8144 W Grover Cleveland Blvd Homosassa, FL 34446
For Sale
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This vacant 1,380-square-foot traditional office building presents a compelling investment opportunity in Homosassa, Florida. Situated on a 1.14-acre lot with 142 feet of road frontage along the highly trafficked W Grover Cleveland Blvd, this property offers significant potential. The building is a manufactured structure and sits on a lot zoned GNC (General Commercial), allowing for expansion possibilities. The property includes a partially chain-link fenced area and ample parking for approximately ten vehicles. Existing infrastructure includes public water and septic, potentially saving on future development costs. Its convenient location is less than a mile from US 19 and near the Suncoast Parkway, ensuring high visibility and accessibility. The property's existing building could be repurposed or replaced, leveraging the existing utilities and minimizing impact fees. This versatile property is ideal for a variety of commercial uses and presents a strong return on investment. The asking price is $199,900, with a price per square foot of $144.86.
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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
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.