Financial
Distress signals
Property profile

2018 N Florida Ave Hernando, FL 34442

FOR SALE
Retail space
Property ID
US18-8024467
2,960 SF 0.25 ac lot Built 1970
Last sale Mar 2019 · $199,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a primary commercial building totaling 2,960 square feet and an adjacent lot. The main building contains six offices/rooms with built-in desks and cabinets, a kitchen area, two bathrooms, and two sales areas. It also includes a warehouse/garage area equipped with three bay doors and an additional office. The adjacent lot is included with the property and is zoned GNC, offering potential for uses such as additional parking, storage, or development of another business,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$122k
Assessed land$28k
Assessed improvement$93k
Effective rate1.76%

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$215k
NOI build-up
Gross scheduled income$53k
Vacancy & credit loss−$12k
Operating expenses−$10k
NOI · 8.31% cap applied$31k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$139/SF
County average, outlier-cleaned · 87 recorded sales of this use type
Observed band · Q1–Q3$80 – $233

Cap rate analysis

How does the asset earn?
8.31%
$31k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GNC GEN COMMERCIAL
JurisdictionCITRUS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.4
Auto Repair Shop10.7
HVAC Service10.1

Location

2018 N Florida Ave Hernando, FL 34442
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3749 Parsons Pt, Hernando, FL 34442-3429 $800,000 Jun 2024 3,444 SF
1876 Florida, Hernando, FL 34442-5621 $240,000 May 2024 3,720 SF
3389 Buffalo, Hernando, FL 34442-3037 $60,000 Apr 2024 1,800 SF
7619 Carl G Rose, Hernando, FL 34442-2126 $160,000 Dec 2023 2,188 SF
2846 Carl G Rose, Hernando, FL 34442-4309 $125,000 Jan 2022 2,364 SF
8520 Carl G Rose, Hernando, FL 34442-2135 $600,000 Jun 2021 2,501 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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