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    Property profile & analytics

    1227 Lecanto Hwy Lecanto, FL 34461-7719

    • Office buildings
    • 15,523 SF
    • 4.67 lot acres
    OFF-MARKET
    Value Estimation
    $6,285,000
    Last Sale
    Dec 13, 2021
    $6,300,000
    Location Intelligence
    Property ID
    US18-9821229
    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

    • Extra Space Storage / Self-Storage Facility / Automobile Storage Facility

    Property Details for 1227 Lecanto Hwy

    Year built
    1998
    Construction
    STEEL FRAME
    Lot size
    4.67 lot acres
    Property size
    15,523 SF
    Zone code
    GNC GEN COMMERCIAL
    Property type
    Office buildings
    APN
    18E-19S-09-11200
    APU
    18E19S0911200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,725,000
      6.5%
      $6,785,000
      7%
      $6,035,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,150,000
      Geo Method
      $6,230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,520,000
      Retail
      $6,730,000
      Mixed-Use
      $6,090,000
      Hospitality
      $5,825,000
      Educational
      $6,460,000
      Residential Income
      $5,850,000
      Energy
      $7,100,000
      Income-Based Land
      $5,495,000
      Food Service
      $6,040,000

    Location Insight

    • Map
    • Local Demand
    City
    Lecanto
    County
    Citrus
    State
    Florida
    Longitude
    -82.4864
    Latitude
    28.8452
    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
    $34,840
    $208,830
    $1,942,320
    $2,151,150
    -
    $208,830
    $1,942,320
    $2,151,150

    Comparable in this City

    • Value Estimation by Request
      864 SF

      5455 Gulf To Lk Hwy

      OFFICE BUILDING • 864 SF
      5455 Gulf To Lk Hwy, Lecanto, FL 34461
      View Details
    • Value Estimation by Request
      17,000 SF

      670 School Ave

      OFFICE BUILDING • 17,000 SF
      670 School Ave, Lecanto, FL 34461-8782
      View Details
    • Value Estimation by Request
      1,040 SF

      1701 Gulf To Lk Hwy

      OFFICE BUILDING • 1,040 SF
      1701 Gulf To Lk Hwy, Lecanto, FL 34461-7849
      View Details
    • Value Estimation
      $395,000
      3,546 SF

      2600 Black Diamond Cir

      OFFICE BUILDING • 3,546 SF
      2600 Black Diamond Cir, Lecanto, FL 34461-9653
      View Details
    • Value Estimation
      $205,000
      623 SF

      2950 Gulf To Lk Hwy

      OFFICE BUILDING • 623 SF
      2950 Gulf To Lk Hwy, Lecanto, FL 34461-9207
      View Details
    • Value Estimation
      $305,000
      2,876 SF

      1729 Gulf To Lk Hwy

      OFFICE BUILDING (MULTI-STORY) • 2,876 SF
      1729 Gulf To Lk Hwy, Lecanto, FL 34461-7849
      View Details

    Similar Nearby for Sale

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      3.08 Acres

      Lecanto Corner Lot Opportunity

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      Lecanto Highway Multi-Use Property

      37 Acres, Multiple Buildings, Prime Location
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    • Contact for pricing
      0.25 Acres

      Cleared Homesite in Citrus Hills

      Homesite in Brentwood of Citrus Hills with social membership benefits.
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      869 N Kensington Ave, Lecanto, FL 34461
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo
      5,000 SF

      Lecanto Office Building For Rent

      Office building in excellent condition with open workspace and conference rooms.
      705 S Easy St, Lecanto, FL 34461
      View Details
    • Contact for pricing

      Lecanto Outparcel at Target Center

      Outparcel at Target-anchored center in Lecanto, utilities on-site.
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      View Details
    • $9,442 /Mo
      11,331 SF

      Lecanto Commercial Building For Lease

      Excellent location with accessibility and visibility for your business.
      715 S Easy St, Lecanto, FL 34461
      View Details
    • Contact for pricing
      1,788 SF

      New Retail Space For Lease

      Retail space available for lease, delivery January 2026.
      198 W Norvell Bryant Hwy, Lecanto, FL 34461
      View Details
    • Contact for pricing

      Land for Lease in Lecanto

      Land available for lease in a planned Lecanto development.
      3440 W Gulf To Lake Hwy, Lecanto, FL 34461
      View Details
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    Lecanto, FL 34461-7719
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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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