Technical
Financial
Distress signals
Property profile

1065 Florida Ave Inverness, FL 34453

OFF-MARKET
Auto shops
Property ID
US18-3157466
1,340 SF 0.5 ac lot Built 1958
Trust Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

The property consists of two commercial buildings on a combined 0.93-acre site that is fully fenced. The primary building is approximately 1,440 square feet and has been configured as an operational marine repair facility, with extensive interior and exterior renovations and a layout intended for service and workshop work. Supporting structures include a newer 12-by-24-foot work shed with a carport. A second building on site is currently used for storage and has the potential to support additional office space, workshop use, rental storage, or business expansion, depending on tenant or operator needs. The site is positioned along US Highway 41 with direct roadway frontage and an estimated average daily traffic volume of about 22,000 vehicles per day (AADT), supporting uses that benefit from customer or activity visibility. Zoning is not specified in the provided description.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,340 SF
Lot 0.5 ac (21,984 SF)
Zoning code GNC GEN COMMERCIAL
APN 19E-18S-36-0010-004.1
UPID US18-3157466

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Dealership

Location

1065 Florida Ave Inverness, FL 34453-1545
Inverness metro Census 450800 HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2007
4 recorded transactions
2020
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GNC GEN COMMERCIAL · Inverness, FL

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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