7667 Carl G Rose HwyHernando, FL 34442

  • Industrial properties
  • 3,705 SF
For Sale
$435,000 View listing

Property Details for 7667 Carl G Rose Hwy

Year built
1969
Construction
STEEL FRAME
Lot size
3.73 AC
Property size (Sq ft)
3,705 SF
Zone code
GNC GEN COMMERCIAL
Property type
Industrial properties
Property subtype
Other warehouses
APN
19E-17S-36-41430
APU
19E17S3641430

Description

This 3,705 square foot, Class C neighborhood shopping center presents a unique investment opportunity. Located at the signalized intersection of SR 200/Carl G Rose Hwy (10,900 AADT) and Posselet Dr/CR 491 (5,800 AADT) in Hernando, Florida, this vacant property sits on a 3.73-acre lot (321' x 450') with 321 feet of highway frontage. The General Commercial (GNC) zoning allows for diverse uses including general retail, quick-service restaurants (QSR), convenience stores/service stations, and warehouse/storage, with a maximum of 70% impervious lot coverage (approximately 2.61 acres developable). Built in 1974, the property features 20 parking spaces and offers excellent visibility and accessibility with full ingress/egress on SR 200 and secondary access to Posselet Drive. Its central location provides easy access to Ocala (8 miles north), Lecanto (10 miles southeast), and Inverness (11 miles south). Situated in the growing Citrus County, part of the Tampa-St. Petersburg MSA, this property benefits from a population of 155,582 and a 1.29% annual growth rate. Citrus County's significant land availability (over 60,000 vacant parcels) and ongoing infrastructure improvements, including the recently completed Suncoast Parkway extension, position this property for substantial future growth. The asking price is $435,000, resulting in a price per square foot of $117.41. The property includes three units and one building, all on a single story. The APN is 19E17S36 41430.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $796,906
    Hospitality
    $729,962
    Educational
    $607,320
    Medical
    $628,207
    Retail
    $944,720
7667 Carl G Rose Hwy, Hernando, Florida

Location Insight

City
Hernando
County
Citrus
State
Florida
Latitude
28.9743
Longitude
-82.363
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
$3,548
$109,900
$69,800
$179,700
-
$109,900
$69,800
$179,700

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