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Property profile & analytics
OFF-MARKET
Estimated value
$8,750,000
Grocery and convenience stores
1012 Main St Inverness, FL 34450-4636
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-9179254
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
48,140 SF
Lot
6.12 ac (266,761 SF)
Zoning code
C COMMERCIAL
APN
20E-19S-18-0030-000C0-001.0
UPID
US18-9179254
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Publix Super Market Plaza Inverness Specialty Food Shop Supermarket
-
Amerigas Propane Exchange Propane Supplier
-
Primo Water Exchange Big Box & Wholesale Store
-
Primo Water Refill Big Box & Wholesale Store
-
Publix Pharmacy Plaza Inverness Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.12M
Comparable Approach
Comparable
$11.23M
Blend (final)
Blend
$8.75M
Owner & transaction history
95 Flrpt LLC · 2 yrs held
95 Flrpt LLC
since 2024
5 recorded transactions
Zoning & alternative use
C COMMERCIAL · Inverness, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$13.7M
+104.9%
Medical building
$10.2M
+52.0%
Office building
$8.1M
+21.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Inverness submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inverness submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,710,000
6.5%
$7,115,000
7%
$6,605,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,685,000
Current use
RESTAURANT
$13,700,000
Change: +105% · Conversion: Easy
MEDICAL BUILDING
$10,160,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$8,125,000
Change: +21% · Conversion: Easy
COMMERCIAL (GENERAL)
$8,055,000
Change: +21% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,000,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$8.75M
Range $7.88M – $9.63M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$182 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$186,451
Tax year 2023
Assessed value
$8,415,260
Assessed 2023
Previous assessed
$8,182,510
+2.8% YoY
Effective rate
2.22%
On assessed value
Assessed land
$3,201,220
Assessed improvement
$5,214,040
Land market value
$3,201,220
Improvement market value
$5,214,040
Total market value
$8,415,260
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
11
Total area
48,140 SF
Lot
6.12 ac (266,761 SF)
Zoning code
C COMMERCIAL
APN
20E-19S-18-0030-000C0-001.0
UPID
US18-9179254
Jurisdiction
CITRUS
Zoning & alternative use
C COMMERCIAL · Inverness, FL
Zoning C COMMERCIAL · permitted uses
C COMMERCIAL · Inverness, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Inverness. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.7M
RESTAURANT
Est. value
$13.7M
MEDICAL BUILDING
Est. value
$10.2M
OFFICE BUILDING
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$8.1M
AUTO REPAIR, GARAGE
Est. value
$6.0M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
11
Lot
6.12 ac
Current owner
From public records · entity-resolved
95 Flrpt LLC
Entity
Free & Clear · 2 yrs held
Mailing address
7978 COOPER CRK BLVD #100, UNIVERSITY PARK, FL 34201-2139
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2024
—
95 Flrpt LLC
Davidson 41 LLC
Quitclaim Deed
related
—
Oct 22, 2014
—
95 Flrpt LLC
Benderson Ronald 1995 Trust
Grant Deed
—
Sep 17, 2012
$440,000
Benderson Ronald 1995 Trust
Welch,bradley
Warranty Deed
—
Sep 17, 2012
$550,000
Benderson,ronald 1995 Trust
44 West INC
Warranty Deed
—
Jul 3, 1996
—
44 West INC
Welch,richard K
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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