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1298 Norvell Bryant Highway, FL
Stellar MLS

$800K

1298 Norvell Bryant Highway

Hernando, FL 34442

Listing updated: August 19, 2026 at 3:17 PM ET

Active
Stellar MLSListing courtesy of Century 21 J.W.Morton R.E. · Elias Kirallah · MLS #OM730330 · Active · 352-726-6668
5,901
Building SF
0.88
Acres
5
Units
2007
Built
$135.57
Per SF
Retail7.55% cap rate$135.57/SF360° tour
Retail

Property type

2007

Year built

5,901 SF

Building size

38,365 sqft

Lot size

$135.57

Price / SF

5

Units

GNC

Zoning

0

Days on market

Investment & cash flow

7.55%
Cap rate
$60K
NOI / yr
$95K
Gross income (Projected)
$35K
Annual expenses
8.4
GRM
$135.57
Price / SF

Figures provided by the listing broker — verify independently.

About this property

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.

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Retail
Status
Active
Days on market
0
Subdivision
Hercala Acres Unit 02
County
Citrus
Year built
2007
Building area
5,901 sq ft
Price/sq ft
$135.57
Lot size
38,365 sq ft
Units
5
Buildings
1
Stories
1
Parking spaces
22
Road frontage
Highway
Annual taxes
$8K (2025)
Parcel #
19E-18S-27-0020-00000-1615
Zoning
GNC
MLS #
OM730330

Utilities

Utilities
Public
Water source
Public
Sewer
Public Sewer

Listing details

Listing date
2026-08-19
On market date
2026-08-19
MLS area
34442 - Hernando
Status changed
2026-08-19
Tax legal description
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

Location

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.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of August 19, 2026 at 3:17 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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