7075 Homosassa TrlHomosassa, FL 34448

  • Investment properties
  • 1,265 SF
For Sale
$329,000 View listing

Property Details for 7075 Homosassa Trl

Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.34 AC
Property size (Sq ft)
1,265 SF
Zone code
GNC GEN COMMERCIAL
Property type
Investment properties
Property subtype
Live-work space
APN
17E-19S-22-0080-03200-013.0
APU
17E19S220080032000130

Description

This 1,265 sq ft commercially zoned (GNC) office building at 7075 W Homosassa Trail, Homosassa, FL, presents a unique opportunity. Situated on a 0.34-acre lot, it enjoys prime visibility on a well-maintained county road, with easy access to HWY 44, HWY 19, and the Suncoast Parkway. The property features three rooms adaptable as offices or bedrooms, a bathroom, kitchen, utility room, and a lobby/living area. A small workshop with electricity adds to its functionality. Outdoor amenities include a spacious inground pool and privacy fencing, enhancing both work-life balance and potential for client interaction. Inside, a wood-burning fireplace offers a cozy atmosphere, while a commercial-grade alarm system ensures security. The property also benefits from a commercial-grade well and a gas stove. The existing infrastructure and location make this ideal for a variety of businesses. The asking price is $329,000. Expansion possibilities exist with an adjacent property at 7078 W Lincoln Lane (inquire for availability). This is a rare combination of commercial zoning, convenient location, and desirable features.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $237,679
    6.5%
    $219,396
    7%
    $203,725
  • Comparable approach

    Method
    Valuation
    Relative Method
    $231,027
    Geo Method
    $231,027
  • Alternative Use

    Use
    Valuation
    Residential
    $272,051
    Hospitality
    $249,197
    Educational
    $207,329
    Medical
    $214,459
    Retail
    $322,512

Location Insight

City
Homosassa
County
Citrus
State
Florida
Latitude
28.8188
Longitude
-82.5515
CBSA code
26140
CBSA name
HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,804
$31,850
$73,840
$105,690
-
$31,850
$73,840
$105,690

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