7619 Carl G Rose HwyHernando, FL 34442

Property Details for 7619 Carl G Rose Hwy

Year built

1970

Construction

STEEL FRAME

Lot size

1.51 AC

Property size (Sq ft)

2,188 SF

Zone code

GNC GEN COMMERCIAL

Property type

Retail space

APN

19E-17S-36-41420

APU

19E17S3641420

Description

This exceptional 3,142 square foot retail property, situated on a 1.52-acre fenced lot in Hernando, Florida, presents a unique investment opportunity. The main building currently houses a former GNC location and an older hardware store, offering ample space for a variety of commercial uses. Adding to its versatility, the property also includes a separate 2-bedroom, 2-bathroom single-family home, perfect for an owner-operator or on-site management. Multiple covered storage areas provide additional utility, complemented by a detached 600 square foot garage. The property's location offers convenient access to South Ocala businesses via Route 200. The expansive lot size and existing structures make this property ideal for a range of businesses, including but not limited to, inside/outside storage facilities, thrift stores, nurseries, or even an auction business. Currently vacant and easily accessible, this property is ready for immediate occupancy and presents a compelling opportunity for a savvy investor seeking a blend of commercial and residential potential. The property is located at 7619 N Carl G Rose Highway, Hernando, FL. The asking price is $279,000.

• CAP approach

  CAP return

  Valuation

  6%

  $604,400

  6.5%

  $557,907

  7%

  $518,057

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,006,978

  Geo Method

  $1,006,978

• Alternative Use

  Use

  Valuation

  Residential

  $470,616

  Hospitality

  $431,081

  Educational

  $358,655

  Medical

  $370,989

  Retail

  $557,907

Location Insight

City

Hernando

County

Citrus

State

Florida

Latitude

28.9738

Longitude

-82.3636

CBSA code

26140

CBSA name

HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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