Property profile

859 Us Hwy 41 Inverness, FL 34450

OFF-MARKET
Turn key restaurants
Property ID
US18-5017088
1,920 SF 0.31 ac lot Built 1979
Entity Owned 1-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

A commercial restaurant property located on US Highway 41 South in Inverness, Florida, in a corridor that provides access to nearby retail, medical offices, and residential neighborhoods and is a short drive from downtown Inverness. The building is configured for restaurant use with a functional interior layout, a large walk-in cooler, and restaurant equipment that supports operation. The property includes a newer roof and restaurant-related improvements, and it is accompanied by an additional lot that provides extra land area for potential expansion, parking, outdoor seating, or future development. The site’s frontage on a primary commercial thoroughfare supports high visibility and straightforward customer access.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,920 SF
Lot 0.31 ac (13,500 SF)
Zoning code GNC GEN COMMERCIAL
APN 20E-19S-21-0020-02010-110.0
UPID US18-5017088

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
  • Restaurant
  • Gym & Fitness Center

Location

859 Us Hwy 41 Inverness, FL 34450-6893
Inverness metro Census 451103 HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2024
Last sale
$305,000
5 recorded transactions
2024
$305,000
2023
$200,000
2018
$205,000
2013
Price N/A
2004
Price N/A

Zoning & alternative use

GNC GEN COMMERCIAL · Inverness, FL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 859 Us Hwy 41?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message