1298 E NORVELL BRYANT HIGHWAY,Hernando,Citrus,FL, 34442, Commercial Sale, , 0, 2f7472b52538d058ac56ddbf4cd866a5, OM730330,1298 or NORVELL BRYANT

$800,000
1298 E NORVELL BRYANT HIGHWAY, Hernando, HERCALA ACRES UNIT 02
Active

Overview

  • Updated On:
  • September 22, 2026
  • 5,901 ft2

Description

Prime Multi-Tenant Center offering professional office and retail space. Built in 2007, this 5,903 SF CBS building consists of six units and is approximately 90% occupied, offering strong existing tenancy with additional value-add potential. Situated on approximately 0.88 acres with GNC Commercial zoning, the property accommodates a broad range of uses, including medical and professional offices, retail, restaurants, and other commercial businesses. Completely updated and meticulously maintained from the studs to the stucco, the property features an attractive stacked-stone and stucco façade, floor-to-ceiling retail glass, and modern interior spaces with high-quality finishes.

Centrally located within Citrus County, the property sits within a 15-minute drive of Lecanto, Beverly Hills, Downtown Crystal River, Homosassa, and Inverness. Consumer spending trends reinforce demand fundamentals, including medical expenditures within the trade area, highlighting strong support for healthcare, medical services, and wellness-oriented uses. The area is characterized by a mature and financially stable demographic profile, with projected income growth and a high concentration of owner-occupied housing reinforcing long-term consumer stability and investment security.

Regional connectivity is enhanced by direct access to the newly expanded Suncoast Parkway (SR 589), a significant state infrastructure investment that improves mobility and places the property approximately 55 minutes from Tampa International Airport. From a market perspective, the property benefits from its location within Citrus County, a region experiencing steady population growth and increasing commercial demand. The county currently supports a population of approximately 153,600 residents, with long-term planning capacity for approximately 350,000 residents under the county’s Land Development Code. Continued residential expansion, infrastructure investment, and regional economic development are driving increased demand for healthcare, service, and retail facilities throughout the county.

Address: 1298 E NORVELL BRYANT HIGHWAY
City:
State/County:
Zip: 34442
Country: United States

Property Id: 100342895
Price: $800,000
Property Size: 5,901 ft2
Property Lot Size: 1 ft2
Building Area Total: 5901
Cap Rate: 7.55
Construction Materials: Block, Brick
Contract Status Change Date: 2026-08-19
Cooling: Central Air
Directions: From Downtown Hernando, head West on E Norvell Bryant Hwy for 2.3 Miles and you should reach your destination on the left side of the street.
Flooring: Ceramic Tile, Laminate
FoundationDetails: Slab
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
Levels: One
ListAOR: Ocala - Marion
ListAgentAOR: Ocala - Marion
ListAgentEmail: Elias@eliasgeorge.com
ListAgentFullName: Elias Kirallah
ListAgentKey: b462f53e2ba6c4cadbfefdc5e9c9373c
ListAgentMlsId: 275501317
ListAgentPreferredPhone: 352-400-2635
ListOfficeKey: d94d30c796c0b6c9e2c984a307838877
ListOfficeMlsId: 275500070
ListOfficeName: CENTURY 21 J.W.MORTON R.E.
ListOfficePhone: 352-726-6668
ListingContractDate: 2026-08-19
ListingId: OM730330
ListingKeyNumeric: 802663221
ListingTerms: Assumable, Cash
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotSizeArea: 38365
LotSizeDimensions: 150 x 270
LotSizeSquareFeet: 38365
LotSizeUnits: Square Feet
MLSAreaMajor: 34442 - Hernando
MlsStatus: Active
ModificationTimestamp: 2026-08-19T19:16:34.473Z
NumberOfBuildings: 1
NumberOfUnitsTotal: 5
OnMarketDate: 2026-08-19
OriginalEntryTimestamp: 2026-08-19T15:39:10.917Z
OriginalListPrice: 800000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: 19E18S270020000001615
ParkingFeatures: Common
PhotosChangeTimestamp: 2026-08-19T15:46:37.517Z
PhotosCount: 25
PostalCodePlus4: 4991
PropertyCondition: Completed
RoadFrontageType: Highway
RoadSurfaceType: Paved
Roof: Shingle
STELLAR_AlternateKeyFolioNum: 19E18S270020 1615
STELLAR_AnnualExpenses: 34892
STELLAR_AnnualIncomeType: Projected
STELLAR_CalculatedListPriceByCalculatedSqFt: 135.57
STELLAR_CensusBlock: 2
STELLAR_CensusTract: 450705
STELLAR_CreateAutomaticVirtualTourYN: 1
STELLAR_CurrentPrice: 800000
STELLAR_FloodZoneCode: X
STELLAR_ListOfficeContactPreferred: 352-726-6668
STELLAR_ListOfficeHeadOfficeKeyNumeric: 593373526
STELLAR_ListSource: MATRIX
STELLAR_ListSourceOriginal: MATRIX
STELLAR_MlsMajorChangeType: New Listing
STELLAR_NetOperatingIncomeType: Actual
STELLAR_OfficeIDXOfficeParticipationYN: 1
STELLAR_OfficeRetailSpaceSqFt: 5901
STELLAR_OfficeSyndicateTo: Facebook Marketplace, International MLS, Realtor.com, SkySlope Offers
Sewer: Public Sewer
SourceSystemKey: 802663221
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: 2026-08-19T15:39:10.917Z
StoriesTotal: 1
StreetDirPrefix: E
StreetName: NORVELL BRYANT
StreetNumber: 1298
StreetNumberNumeric: 1298
StreetSuffix: HIGHWAY
TaxAnnualAmount: 7595.34
TaxBlock: 85
TaxBookNumber: 8-16
TaxLegalDescription: HERCALA ACRES UNIT 2 PT OF LOT 161 FURTHER DESC AS: COM AT NW COR OF LT 86 OF SD PLAT TH S 71DEG 57M 34S E AL S'LY R/W LN OF CO RD 486 592.75 FT TO THE BEG OF A TANGENT CURVE CONCAVED NE'LY HAVING A RADIUS OF 2914.93 FT A CENTRAL ANGLE OF 18DEG 05M 2 0S TH AL ARC OF SD CURVE 135.39 FT THROUGH A CENTRAL ANGLE OF 02DEG 39M 40S (CHORD BEARING AND DISTANCE BETWEEN SD PTS BEING S 73DEG 17M 24S E 135.98 FT) TO POB TH CONT AL SD CURVE 150 FT THROUGH A CENTRAL ANGLE OF 02DEG 56M 54S (CHORD BEARING AND DI STANCE BETWEEN SD PTS BEING S 76DEG 05M 41S E 149.98 FT) TH S 300 FT TH N 76DEG 05M 41S W 149.98 FT TH N 300 FT TO POB THE BEARINGS HEREIN REFERRED TO THE BEARING (S 71DEG 57M 34S E ) OF N LN OF LT 86 DESC IN OR BK 1346 PG 1724 & OR BK 1518 PG 1131
TaxLot: 161
TaxYear: 2025
Utilities: Public
WaterSource: Public
YearBuilt: 2007
Zoning: GNC

Other Features
Has Cooling System

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

$4,101.76
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 3,101.76

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