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    Property profile & analytics

    116 Trout Ave Inverness, FL 34450-4030

    • Day care centers
    • 2,884 SF
    • 0.44 lot acres
    OFF-MARKET
    Value Estimation
    $575,000
    Last Sale
    Nov 25, 2024
    $610,000
    Location Intelligence
    Property ID
    US18-0220857
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Today's Child / Day Care Center

    Property Details for 116 Trout Ave

    Year built
    1940
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.44 lot acres
    Property size
    2,884 SF
    Zone code
    RO RESIDENT/OFFICE
    Property type
    Day care centers
    APN
    20E-19S-18-0050-B0100-002.0
    APU
    20E19S180050B01000020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $610,000

    • CAP approach

      CAP return
      Estimation
      6%
      $500,000
      6.5%
      $480,000
      7%
      $490,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $505,000
      Geo Method
      $485,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $535,000
      Retail
      $470,000
      Mixed-Use
      $445,000
      Hospitality
      $415,000
      Educational
      $435,000
      Residential Income
      $500,000
      Energy
      $415,000
      Income-Based Land
      $520,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Inverness
    County
    Citrus
    State
    Florida
    Longitude
    -82.3386
    Latitude
    28.8371
    CBSA code
    26140
    CBSA name
    HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,720
    $51,420
    $156,433
    $207,853
    -
    $51,420
    $156,433
    $207,853

    Comparable in this City

    • Value Estimation
      $640,000
      4,000 SF

      212 Apopka Ave

      DAY CARE, PRE-SCHOOL • 4,000 SF
      212 Apopka Ave, Inverness, FL 34450-4240
      View Details
    • Value Estimation
      $220,000
      1,764 SF

      124 Ella Ave

      DAY CARE, PRE-SCHOOL • 1,764 SF
      124 Ella Ave, Inverness, FL 34450
      View Details
    • Value Estimation by Request
      1,410 SF

      1397 Starling Dr

      CHARITABLE ORGANIZATION • 1,410 SF
      1397 Starling Dr, Inverness, FL 34450-5273
      View Details
    • Value Estimation by Request
      11,085 SF

      501 Main St

      CREMATORIUM, MORTUARY • 11,085 SF
      501 Main St, Inverness, FL 34450-4748
      View Details
    • Value Estimation
      $235,000
      2,138 SF

      1130 Sterling Rd

      VETERINARY, ANIMAL HOSPITAL • 2,138 SF
      1130 Sterling Rd, Inverness, FL 34450-3978
      View Details
    • Value Estimation
      $230,000
      4,464 SF

      8733 Gulf To Lk Hwy

      CHARITABLE ORGANIZATION • 4,464 SF
      8733 Gulf To Lk Hwy, Inverness, FL 34450-5228
      View Details

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    Similar Nearby for Lease

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    116 Trout Ave
    Inverness, FL 34450-4030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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