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Property profile & analytics
OFF-MARKET
Estimated value
$1,335,000
Office buildings
1205 5th St Crystal River, FL 34429-4523
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-2925524
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,400 SF
Lot
1.06 ac (45,956 SF)
Zoning code
CH HIGH INTENSITY COMMERC
APN
17E-18S-22-12000-001.2
UPID
US18-2925524
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
-
The Crystal Group Corporate Office Corporate Office
-
SouthState Bank - Mortgage Office Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
$1.63M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.34M
Owner & transaction history
Crystal Motor Car Company INC · 5 yrs held
Crystal Motor Car Company INC
since 2021
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
CH HIGH INTENSITY COMMERC · Crystal River, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.0M
+59.0%
Retail stores
$1.6M
+28.2%
Commercial (general)
$1.6M
+26.0%
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 Crystal River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crystal River 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
$1,340,000
ML approach
$1,295,000
CAP Approach
CAP Return
Estimation
6%
$1,760,000
6.5%
$1,625,000
7%
$1,510,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,250,000
Current use
MEDICAL BUILDING
$1,985,000
Change: +59% · Conversion: Easy
RETAIL STORES
$1,600,000
Change: +28% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,575,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,170,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.34M
Range $1.20M – $1.47M · ±10% · vs last sale $1.35M (Jun 28 2021)
Last sale anchor
$1.35M
Jun 28 2021
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
$142 / 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
$28,076
Tax year 2023
Assessed value
$1,337,830
Assessed 2023
Previous assessed
$1,278,770
+4.6% YoY
Effective rate
2.10%
On assessed value
Assessed land
$199,150
Assessed improvement
$1,138,680
Land market value
$199,150
Improvement market value
$1,138,680
Total market value
$1,337,830
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
5
Total area
9,400 SF
Lot
1.06 ac (45,956 SF)
Zoning code
CH HIGH INTENSITY COMMERC
APN
17E-18S-22-12000-001.2
UPID
US18-2925524
Jurisdiction
CITRUS
Zoning & alternative use
CH HIGH INTENSITY COMMERC · Crystal River, FL
Zoning CH HIGH INTENSITY COMMERC · permitted uses
CH HIGH INTENSITY COMMERC · Crystal River, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Crystal River. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$2.0M
RETAIL STORES
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
5
Lot
1.06 ac
Current owner
From public records · entity-resolved
Crystal Motor Car Company INC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 487, CRYSTAL RIVER, FL 34423-0487
Ownership since
2021
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
Jun 28, 2021
$1,350,000
Crystal Motor Car Company INC
South State Bank NA
Special Warranty Deed
—
Jun 27, 2011
—
R4all INC
L & S Investments LLC Coc
Trustees Deed
related
—
Jun 3, 2011
—
R4all INC
Clerk Of Court Of Citrus County
Trustees Deed
related
—
Apr 17, 2006
$600,000
Centerstate Bank West Fl NA
Singh,belinda
Warranty Deed
—
Mar 8, 2006
$550,000
Belinda K Singh
Lyons,william M & Mary L
Warranty Deed
$315,000 · Centerstate Bank W Fl NA
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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