2050 Highway 44Inverness, FL 34453

  • Industrial properties
  • 10,000 SF
For Sale
$1,875,000 View listing

Property Details for 2050 Highway 44

Year built
1976
Construction
STEEL FRAME
Lot size
2.08 AC
Property size (Sq ft)
10,000 SF
Zone code
C COMMERCIAL
Property type
Industrial properties
Property subtype
Other warehouses
APN
19E-19S-13-0020-036.2
APU
19E19S1300200362

Description

This exceptional 2.08-acre commercial parcel presents a remarkable investment opportunity in the heart of Downtown Inverness, Florida. Located on heavily trafficked State Road 44 (30,000 AADT), this property offers 200 feet of prime highway frontage, ensuring unparalleled visibility and accessibility. The site benefits from convenient street-to-street access, eliminating median curb issues and providing seamless ingress and egress for customers. City water and sewer are readily available, simplifying development plans. Zoned GNC, this versatile property allows for a wide range of uses, including quick-service restaurants, retail establishments, and other commercial ventures. Its strategic location near a new Starbucks and other major retailers, including TJ Maxx and Walmart, further enhances its appeal. The property is situated within a thriving community experiencing significant growth (1.29% annual growth rate), and its proximity to Downtown Inverness, Lecanto, Hernando, and Crystal River adds to its desirability. This is a rare opportunity to acquire a highly visible and accessible commercial lot in a rapidly expanding market. The property's size, location, and zoning make it ideal for developers seeking a prime location for a variety of commercial uses. The existing infrastructure and convenient access to major roadways make this a truly exceptional opportunity. The property's location within the Tampa-St. Petersburg Metropolitan Statistical Area further enhances its investment potential. This is a unique chance to capitalize on the growth and development occurring in Citrus County, Florida.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,151,020
    Hospitality
    $1,970,323
    Educational
    $1,639,286
    Medical
    $1,695,663
    Retail
    $2,550,000
2050 Highway 44, Inverness, Florida

Location Insight

City
Inverness
County
Citrus
State
Florida
Latitude
28.839
Longitude
-82.3563
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
$18,327
$522,500
$304,650
$827,150
-
$522,500
$304,650
$827,150

FAQs

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