3983 Ohio AveHomosassa, FL 34448

Property Details for 3983 Ohio Ave

Year built

1975

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.24 AC

Property size (Sq ft)

1,402 SF

Zone code

GNC GEN COMMERCIAL

Property type

Investment properties

Property subtype

Live-work space

APN

17E-19S-22-0010-00380-001.0

APU

17E19S220010003800010

Description

This exceptional commercial property, located at 3983 S Ohio Avenue in Homosassa, Florida, presents a unique investment opportunity. Boasting 1,116 square feet on a 0.24-acre lot, this property has served as a thriving pet grooming business for over 30 years, establishing a loyal clientele. The building features a brand new roof and recently replaced front windows, ensuring low maintenance and long-term value. The property benefits from a fantastic location just off Grover Cleveland Boulevard, a mere two blocks from the heavily trafficked US 19/98. This prime location ensures high visibility and accessibility for customers. The property includes a fenced-in backyard, providing ample secure space, and offers convenient on-site parking. The asking price is $330,000. This property is ideal for a continuation of the existing pet grooming business, leveraging the established clientele and reputation, or as a blank canvas for a new venture. Its excellent location and recent upgrades make it a highly attractive investment opportunity in a growing area. The property's strong history and desirable features make it a must-see for any discerning investor seeking a profitable commercial venture in Homosassa. Don't miss this chance to own a piece of established Homosassa commerce.

• CAP approach

  CAP return

  Valuation

  6%

  $263,413

  6.5%

  $243,150

  7%

  $225,782

• Comparable approach

  Method

  Valuation

  Relative Method

  $256,047

  Geo Method

  $256,047

• Alternative Use

  Use

  Valuation

  Residential

  $301,506

  Hospitality

  $276,178

  Educational

  $229,777

  Medical

  $237,679

  Retail

  $357,431

Location Insight

City

Homosassa

County

Citrus

State

Florida

Latitude

28.804

Longitude

-82.5737

CBSA code

26140

CBSA name

HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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