Strategic Investment in Growing Commercial Real Estate Market
Prime Location and Accessibility:
This property at 3190 S Florida Avenue offers unmatched visibility with 125 feet of commercial highway frontage on US 41 S, a major thoroughfare with 17,300 daily traffic counts. Its General Commercial zoning and street to street access (Southerly Ave/US 41) make it an ideal location for businesses needing high exposure and accessibility.
Economic Growth Supporting Commercial Expansion
Infrastructure Development: The nearby Holder Industrial Park project, supported by a $2.8 million infrastructure, will bring 1,000 direct jobs and up to 2,000 indirect jobs, boosting the local economy and creating demand for automotive, industrial, and service related businesses.
Population Growth: Citrus County is preparing for 30,000 new residents by 2030, driving increased commercial activity. The area's planned growth ensures a steady customer base for commercial enterprises, including automotive services.
Turnkey Opportunity with Established Business:
This property includes a fully equipped automotive repair shop with lifts, air compressors, and all necessary tools, offering immediate income potential. The established business has a proven track record of servicing the community, making it a low risk investment for entrepreneurs or investors in the commercial sector.
Commercial Real Estate Market Trends
Citrus County is part of the TampaSt. PetersburgClearwater MSA, the 18th largest metropolitan area in the U.S. and currently the hottest real estate market in the nation.
Growth in Service Based Commercial Real Estate
Consumer expenditures for vehicle maintenance and repair exceed $14 million annually in the local area. As demand for reliable automotive services grows alongside the population, this property offers a unique opportunity to capitalize on a profitable, service based commercial enterprise.
Future Proof Investment
Citrus County boasts 61,000 vacant residential parcels, ranking 3rd in Florida. The ongoing influx of residents, coupled with the county's growing infrastructure, ensures a sustainable market for commercial ventures.
The regions emphasis on development ready infrastructure positions this property as a valuable asset for investors seeking long term appreciation in the commercial real estate sector.
Strategic Investment in Growing Commercial Real Estate Market
Prime Location and Accessibility:
This property at 3190 S Florida Avenue offers unmatched visibility with 125 feet of commercial highway frontage on US 41 S, a major thoroughfare with 17,300 daily traffic counts. Its General Commercial zoning and street to street access (Southerly Ave/US 41) make it an ideal location for businesses needing high exposure and accessibility.
Economic Growth Supporting Commercial Expansion
Infrastructure Development: The nearby Holder Industrial Park project, supported by a $2.8 million infrastructure, will bring 1,000 direct jobs and up to 2,000 indirect jobs, boosting the local economy and creating demand for automotive, industrial, and service related businesses.
Population Growth: Citrus County is preparing for 30,000 new residents by 2030, driving increased commercial activity. The area's planned growth ensures a steady customer base for commercial enterprises, including automotive services.
Turnkey Opportunity with Established Business:
This property includes a fully equipped automotive repair shop with lifts, air compressors, and all necessary tools, offering immediate income potential. The established business has a proven track record of servicing the community, making it a low risk investment for entrepreneurs or investors in the commercial sector.
Commercial Real Estate Market Trends
Citrus County is part of the TampaSt. PetersburgClearwater MSA, the 18th largest metropolitan area in the U.S. and currently the hottest real estate market in the nation.
Growth in Service Based Commercial Real Estate
Consumer expenditures for vehicle maintenance and repair exceed $14 million annually in the local area. As demand for reliable automotive services grows alongside the population, this property offers a unique opportunity to capitalize on a profitable, service based commercial enterprise.
Future Proof Investment
Citrus County boasts 61,000 vacant residential parcels, ranking 3rd in Florida. The ongoing influx of residents, coupled with the county's growing infrastructure, ensures a sustainable market for commercial ventures.
The regions emphasis on development ready infrastructure positions this property as a valuable asset for investors seeking long term appreciation in the commercial real estate sector.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 2750.00
Roof: Metal
Land Information
Lot Features: Paved
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Parking Spaces - 19 to 30
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Road Frontage Type: Highway
Utilities: BB/HS Internet Capable, Electricity Available, Public, Water Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Legal Description: INVERNESS HGLDS SOUTH PB 3 PG 51 LOTS 23 24 25 26 27 105 106 107 108 & 109 BLK 200 TITLE IN OR BK 1407 PG 1576
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