Property profile

103 Pne Ave Inverness, FL 34452

OFF-MARKET
Drug stores
Property ID
US18-0665938
15,040 SF 1.61 ac lot Built 2000
Entity Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,040 SF
Lot 1.61 ac (70,044 SF)
Zoning code CBD CENTRAL BUSINESS DIST
APN 20E-19S-17-0050-01010-004.0
UPID US18-0665938

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

103 Pne Ave Inverness, FL 34452
Inverness metro Census 451001 HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.23M
Comparable Approach Comparable
$2.46M
Blend (final) Blend
$2.15M

Owner & transaction history

since 2005
2 recorded transactions
2005
$4.5M
1999
$210,000

Zoning & alternative use

CBD CENTRAL BUSINESS DIST · Inverness, FL
Top alternative use upside
Medical building $3.2M +52.0%
Office building $2.5M +21.5%
Commercial (general) $2.5M +20.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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