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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Day care centers
116 Trout Ave Inverness, FL 34450-4030
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-0220857
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,884 SF
Lot
0.44 ac (19,046 SF)
Zoning code
RO RESIDENT/OFFICE
APN
20E-19S-18-0050-B0100-002.0
UPID
US18-0220857
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
-
Today's Child Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
Todays Child Learning Academy & Sch · 1 yrs held
Todays Child Learning Academy & Sch
since 2024
Last sale
$610,000
5 recorded transactions
Zoning & alternative use
RO RESIDENT/OFFICE · Inverness, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$625,000
+76.5%
Office building
$395,000
+11.4%
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
$610,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$625,000
Change: +77% · Conversion: Difficult
OFFICE BUILDING
$395,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $610k (Nov 25 2024)
Last sale anchor
$610k
Nov 25 2024
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
$212 / 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
$4,720
Tax year 2023
Assessed value
$207,853
Assessed 2023
Previous assessed
$183,681
+13.2% YoY
Effective rate
2.27%
On assessed value
Assessed land
$51,420
Assessed improvement
$156,433
Land market value
$51,420
Improvement market value
$156,433
Total market value
$207,853
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
5
Total area
2,884 SF
Lot
0.44 ac (19,046 SF)
Zoning code
RO RESIDENT/OFFICE
APN
20E-19S-18-0050-B0100-002.0
UPID
US18-0220857
Jurisdiction
CITRUS
Zoning & alternative use
RO RESIDENT/OFFICE · Inverness, FLZoning RO RESIDENT/OFFICE · permitted uses
RO RESIDENT/OFFICE · Inverness, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$625,000
OFFICE BUILDING
Est. value
$395,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
5
Lot
0.44 ac
Current owner
From public records · entity-resolved
Todays Child Learning Academy & Sch
Individual
Mailing address
116 TROUT AVE, INVERNESS, FL 34450-4030
Mailing matches property
Yes
Owner-occupied
Yes
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
Nov 25, 2024
$610,000
Todays Child Learning Academy & Sch
T Cole INC
Warranty Deed
$748,000 · Cw3 Holdings INC
Apr 29, 2005
$410,000
T Cole INC
Mark A Swander
Warranty Deed
$355,000 · Business Loan Center LLC
Sep 2, 2004
$300,000
Mark A Swander
Mitchell,william C & Deborah S
Warranty Deed
$220,000 · Regions Bank
Jan 25, 2001
$202,000
William C Mitchell
Sonnamaker,donald S & Margaret F
Grant Deed
$142,000 · First Fsb Lake
—
—
T Cole INC
—
Deed Of Trust
related
$299,966 · Branch Bk&tr
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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