2392 Heritage Oaks PathHernando, FL 34442

Property Details for 2392 Heritage Oaks Path

Year built

2007

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

5.33 AC

Property size (Sq ft)

3,960 SF

Zone code

GNC GEN COMMERCIAL

Property type

Retail properties

Property subtype

Strip malls

APN

18E-18S-24-10000-007.A

APU

18E18S2410000007A

Description

This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in the thriving Hernando, Florida market. Located at 2392 N Heritage Oaks Path, this property boasts a highly desirable location off the busy W Norvell Bryant Hwy/CR 486, offering excellent visibility and accessibility. The parcel is situated adjacent to a bustling retail plaza anchored by major national tenants including Domino's, T-Mobile, Studio 200 Salon, Pak Mail, Heritage Oaks Veterinary Clinic, and Cattle Dog Coffee. Across W Norvell Bryant Highway, you'll find additional high-traffic retail establishments such as Publix, Walgreens, and Burger King, ensuring a constant flow of potential customers. The property's convenient access from Heritage Oaks Path, the entrance to a residential subdivision, and its proximity to Skyview Terra Vista Golf Club further enhance its appeal. The high density of nearby residences provides a substantial customer base. The GNC zoning allows for a variety of commercial uses, making it ideal for retail, fast food, car washes, or medical professional offices. The APN is 18E18S24 10000 007C. This prime location and versatile zoning make this 1-acre parcel an exceptional opportunity for significant return on investment. Don't miss out on this chance to secure a foothold in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,093,843

  6.5%

  $1,009,701

  7%

  $937,580

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,822,501

  Geo Method

  $1,822,501

• Alternative Use

  Use

  Valuation

  Residential

  $851,721

  Hospitality

  $780,172

  Educational

  $649,094

  Medical

  $671,417

  Retail

  $1,009,701

Location Insight

City

Hernando

County

Citrus

State

Florida

Latitude

28.8993

Longitude

-82.4423

CBSA code

26140

CBSA name

HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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