750 & 780 W Hampshire Boulevard

    Citrus Springs, FL 34434
    • $1,200,000
    • STATUS: Active
    • ON SITE: 297 days
    • MLS #: 782013
    $1,200,000
    • 0
      BEDS
    • 4.7
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,000
      SQFT
    • $120
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1990
    County:
    Area:
    13

    School Ratings & Info

    Description

    Superb investment property right outside of Citrus Springs and Pine Ridge in Citrus County, Florida. Low Cap Rate because Owner hasn't raised rent in several years; potential for 9-10% Cap Rate or higher with proper management. Sale is of 750 & 780 W Hampshire Blvd, Citrus Springs. 780 W Hampshire is an empty 2.5± lot with more room to build, if desired. There are ten 1,000 square foot units, all of which are currently leased. Property located at the corner of N Lecanto Highway and W Hampshire Blvd. Over 250 feet of highway frontage. Long-term lessee businesses include restaurant, hobby shop, insurance, music store, and sporting goods store. Owner Financing Available.

    Monthly Payment Calculator



    © 2020 Citrus County Association of Realtors. All rights reserved. Based on information from the Contra Costa Association of REALTORS® MLS as of 2020-01-24T23:54:34.273. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
    www.plantationrealtylistings.com/homes/93291839

    750 & 780 W Hampshire Boulevard Citrus Springs, FL 34434

    • Price: $1,200,000
    • Status: Active
    • MLS #: 782013
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.7
    Acres
    10,000
    SQFT
    $120
    $/SQFT
    1990
    Built
    Neighborhood:
    Citrus Springs
    County:
    Citrus
    Area:
    13
    Property Description
    Superb investment property right outside of Citrus Springs and Pine Ridge in Citrus County, Florida. Low Cap Rate because Owner hasn't raised rent in several years; potential for 9-10% Cap Rate or higher with proper management. Sale is of 750 & 780 W Hampshire Blvd, Citrus Springs. 780 W Hampshire is an empty 2.5± lot with more room to build, if desired. There are ten 1,000 square foot units, all of which are currently leased. Property located at the corner of N Lecanto Highway and W Hampshire Blvd. Over 250 feet of highway frontage. Long-term lessee businesses include restaurant, hobby shop, insurance, music store, and sporting goods store. Owner Financing Available.
    Exterior Features

    Construction Materials Stucco Exterior Features Landscaping Fencing FullYard Fenced Foundation Details Block Lot Features AcreageClearedCorner LotLevelRectangular Parking Parking Spaces Road Frontage Type County Road Roof Shingle

    Interior Features

    Building Area Total 10000 Flooring Laminate Interior Features First Floor Entry Levels One

    Property Features

    Association YN No Listing Terms CashConventionalOwner May Carry Possession Closing Property Sub Type Retail Sewer Septic Tank Special Listing Conditions StandardListed As-Is Tax Annual Amount 9808 Tax Year 2018 Zoning Rur

    Listing information © 2020 Citrus County Association of Realtors
    Listing provided courtesy of Michael Demaria of Carlton Royce International, Inc



    © 2020 Citrus County Association of Realtors. All rights reserved. Based on information from the Contra Costa Association of REALTORS® MLS as of 2020-01-24T23:54:34.273. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
     
    Plantation Realty Inc.
    1250 North Country Club Drive
    Crystal River FL, 34429