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 properties

Property subtype

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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