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Property profile & analytics
OFF-MARKET
Retail space
11267 Commercial Way Weeki Wachee, FL 34614-3003
Entity Owned
1-yr Hold
Free & Clear
Property ID
US19-0331191
Property summary
AI-generated overview
This exceptional 6,410 square foot industrial warehouse, built in 1981, sits on a substantial 4.3-acre lot in Brooksville, Florida. Boasting an 18-foot ceiling height, the property includes office space, storage areas, and a spacious production floor. The warehouse features security gates and an alarm system. Conveniently located on US Highway 19, it offers approximately 500 feet of road frontage and enjoys easy access to Route 50/Cortez Boulevard (within 5 miles), facilitating efficient logistics. The property is zoned C-2, presenting significant development potential. Geological surveys confirm the land is high and dry, free from wetlands. The asking price of $999,999 includes the land. Seller financing is available. The APN numbers are: R12-222-17-3720-00C0-0050
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1981
Construction
CONCRETE BLOCKS
Total area
3,200 SF
Lot
0.46 ac (20,000 SF)
APN
R12-222-17-3720-00C0-0090
UPID
US19-0331191
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tae Jae Land LLC · 1 yrs held
Tae Jae Land LLC
since 2025
Last sale
$900,000
2 recorded transactions
Zoning & alternative use
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 Weeki Wachee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weeki Wachee 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$3,183
Tax year 2022
Assessed value
$207,409
Assessed 2023
Previous assessed
$197,872
+4.8% YoY
Effective rate
1.53%
On assessed value
Assessed land
$59,196
Assessed improvement
$148,213
Land market value
$48,400
Improvement market value
$164,168
Total market value
$212,568
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1981
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Bathrooms
2
Total area
3,200 SF
Lot
0.46 ac (20,000 SF)
APN
R12-222-17-3720-00C0-0090
UPID
US19-0331191
Jurisdiction
HERNANDO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1981
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
Tae Jae Land LLC
Entity
Free & Clear · 1 yrs held
Mailing address
7149 AUGUSTA DR, FLEMING ISLAND, FL 32003-8755
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2025
$900,000
Tae Jae Land LLC
Richard E Gross
Warranty Deed
—
Dec 17, 2003
$240,000
D & C Import-export INC
Industrial Surplus Depot INC
Grant Deed
—
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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