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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Auto shops
11960 Florida Ave Dunnellon, FL 34434-2207
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-8829517
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,080 SF
Lot
2.08 ac (90,605 SF)
Zoning code
GNC GEN COMMERCIAL
APN
18E-17S-02-41413
UPID
US18-8829517
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
-
Poly Foundation Solutions General Contractor
-
American Automotive LLC Auto Repair Shop
-
rpm auto body Auto Repair Shop
-
Certified Foundations Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$759k
Blend (final)
Blend
$685k
Owner & transaction history
Thomas Chism · 9 yrs held
Thomas Chism
since 2017
5 recorded transactions
Zoning & alternative use
GNC GEN COMMERCIAL · Dunnellon, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$860,000
+69.3%
Office building
$665,000
+30.7%
Retail stores
$565,000
+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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$510,000
Current use
MEDICAL BUILDING
$860,000
Change: +69% · Conversion: Difficult
OFFICE BUILDING
$665,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$565,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$430,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$168 / 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
$9,336
Tax year 2023
Assessed value
$502,510
Assessed 2023
Previous assessed
$447,790
+12.2% YoY
Effective rate
1.86%
On assessed value
Assessed land
$147,370
Assessed improvement
$355,140
Land market value
$147,370
Improvement market value
$355,140
Total market value
$502,510
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
4
Total area
4,080 SF
Lot
2.08 ac (90,605 SF)
Zoning code
GNC GEN COMMERCIAL
APN
18E-17S-02-41413
UPID
US18-8829517
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
AUTO REPAIR, GARAGE Current
Est. value
$510,000
MEDICAL BUILDING
Est. value
$860,000
OFFICE BUILDING
Est. value
$665,000
RETAIL STORES
Est. value
$565,000
COMMERCIAL (GENERAL)
Est. value
$430,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
4
Lot
2.08 ac
Current owner
From public records · entity-resolved
Thomas Chism
Individual
Mailing address
11960 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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2017
$325,000
Thomas Chism
Anderson Automotive Services LLC
Warranty Deed
$425,000 · Cadence Bank NA
Aug 3, 2009
—
Anderson Automotive Svcs LLC
Anderson,marc H
Quit Claim Deed
related
—
Jan 10, 2008
$800,000
Marc H Anderson
Holman,donald M
Warranty Deed
$150,000 · Donald M Holman
—
—
Donald M Holman
—
Deed Of Trust
related
$425,000 · Mark Dowst
—
—
Donald M Holman
—
Deed Of Trust
related
$309,200 · Florida Choice Bank
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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