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Property profile & analytics
FOR SALE
Retail space
10844 W Yulee Dr Homosassa, FL 34448
Individually Owned
5-yr Hold
Free & Clear
Property ID
US18-4773561
For Sale
1 / 82
$899,000
10844 W Yulee Dr, Homosassa, FL 34448
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1935
Construction
WOOD
Total area
2,444 SF
Lot
1.07 ac (46,522 SF)
Zoning code
CLC COASTAL LAKES COMMERC
APN
17E-19S-32-0010-00510-001.0
UPID
US18-4773561
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
-
The Ice Cream Barr Grocery & Convenience Store Specialty Food Shop
-
Cream & Sugar Cafe & Coffee Shop Specialty Food Shop
-
Riverworks Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.18M
Owner & transaction history
Kevin Jenkins · 5 yrs held
Kevin Jenkins
since 2020
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
CLC COASTAL LAKES COMMERC · Homosassa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Homosassa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Homosassa 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
$1,160,000
ML approach
$1,070,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.18M
Range $1.06M – $1.30M · ±10% · vs last sale $1.25M (Oct 19 2020)
Last sale anchor
$1.25M
Oct 19 2020
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
$483 / 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
$6,319
Tax year 2023
Assessed value
$350,530
Assessed 2023
Previous assessed
$343,410
+2.1% YoY
Effective rate
1.80%
On assessed value
Assessed land
$149,060
Assessed improvement
$201,470
Land market value
$149,060
Improvement market value
$201,470
Total market value
$350,530
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1935
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Units
1
Bathrooms
2
Total area
2,444 SF
Lot
1.07 ac (46,522 SF)
Zoning code
CLC COASTAL LAKES COMMERC
APN
17E-19S-32-0010-00510-001.0
UPID
US18-4773561
Jurisdiction
CITRUS
Zoning & alternative use
CLC COASTAL LAKES COMMERC · Homosassa, FL
Zoning CLC COASTAL LAKES COMMERC · permitted uses
CLC COASTAL LAKES COMMERC · Homosassa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Homosassa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
2
Lot
1.07 ac
Current owner
From public records · entity-resolved
Kevin Jenkins
Individual
Free & Clear · 5 yrs held
Mailing address
10844 W YULEE DR, HOMOSASSA, FL 34448-3819
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2020
—
Kevin Jenkins
Dylan L Jenkins
Quit Claim Deed
related
—
Oct 19, 2020
$1,250,000
Riverworks Holdings LLC
Kevin Jenkins
Warranty Deed
$962,115 · Kevin Jenkins
Oct 3, 2019
—
Kevin Jenkins
Kevin Jenkins
Quit Claim Deed
related
—
Apr 24, 2007
—
Kevin Jenkins
Jenkins,kevin
Quit Claim Deed
related
—
Apr 1, 2007
—
Kevin L Jenkins
Owner Name Unavailable
Grant Deed
related
—
—
—
Kevin Jenkins
—
Deed Of Trust
related
$32,000 · Bank Of America
—
—
Kevin Jenkins
—
Deed Of Trust
related
$15,000 · Bank Of America
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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