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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Retail space
11920 Florida Ave Dunnellon, FL 34434-2207
Individually Owned
9-yr Hold
Free & Clear
Property ID
US19-0439439
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Construction
STEEL FRAME
Total area
3,400 SF
Lot
5.02 ac (218,628 SF)
Zoning code
GNC GEN COMMERCIAL
APN
18E-17S-02-41420
UPID
US19-0439439
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
-
Outlaw Wholesale Liquidators Liquidator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$505k
Comparable Approach
Comparable
$553k
Blend (final)
Blend
$520k
Owner & transaction history
James A Zavesky · 9 yrs held
James A Zavesky
since 2017
4 recorded transactions
Zoning & alternative use
GNC GEN COMMERCIAL · Dunnellon, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$720,000
+52.0%
Office building
$555,000
+17.3%
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 Dunnellon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dunnellon 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$545,000
6.5%
$505,000
7%
$465,000
Alternative Use
Use
Estimation
RETAIL STORES
$470,000
Current use
MEDICAL BUILDING
$720,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$555,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$425,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±10%
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
$153 / 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
$6,567
Tax year 2023
Assessed value
$393,270
Assessed 2023
Previous assessed
$343,060
+14.6% YoY
Effective rate
1.67%
On assessed value
Assessed land
$116,840
Assessed improvement
$276,430
Land market value
$116,840
Improvement market value
$276,430
Total market value
$393,270
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
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1955
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
NONE
Buildings
2
Stories
1
Units
1
Bathrooms
3
Total area
3,400 SF
Lot
5.02 ac (218,628 SF)
Zoning code
GNC GEN COMMERCIAL
APN
18E-17S-02-41420
UPID
US19-0439439
Jurisdiction
CITRUS
Zoning & alternative use
GNC GEN COMMERCIAL · Dunnellon, FL
Zoning GNC GEN COMMERCIAL · permitted uses
GNC GEN COMMERCIAL · Dunnellon, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dunnellon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$470,000
MEDICAL BUILDING
Est. value
$720,000
OFFICE BUILDING
Est. value
$555,000
AUTO REPAIR, GARAGE
Est. value
$425,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1955
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
3
Lot
5.02 ac
Current owner
From public records · entity-resolved
James A Zavesky
Individual
Free & Clear · 9 yrs held
Mailing address
11920 N FLORIDA AVE, DUNNELLON, FL 34434-2207
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2017
$250,000
James A Zavesky
Stenger,david W
Warranty Deed
—
Nov 15, 2016
—
Stenger,mary F Trust
State Of Florida Dept/rev Coc
Trustees Deed
related
—
Jul 20, 2005
$337,500
Donald Parsons
Stenger,herbert & Mary F
Warranty Deed
$321,500 · Herbert & Mary F Stenger
Jul 12, 2000
$111,500
Herbert C Stenger
Bailey,marcella H
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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