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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Auto shops
1275 Suncoast Blvd Homosassa, FL 34448-1461
Trust Owned
7-yr Hold
Free & Clear
Property ID
US18-4688055
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1987
Construction
STEEL FRAME
Total area
4,782 SF
Lot
3.96 ac (172,367 SF)
Zoning code
GNC GEN COMMERCIAL
APN
17E-19S-10-0020-000B0-001.0
UPID
US18-4688055
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
-
Eagle Buick GMC Service Center Auto Repair Shop
-
Eagle Buick GMC Auto Parts Auto Parts Store
-
GMC at EAGLE INC Car Dealership
-
Eagle Buick GMC Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$780k
Blend (final)
Blend
$695k
Owner & transaction history
Workman Holding Co LLC Trust · 7 yrs held
Workman Holding Co LLC Trust
since 2018
4 recorded transactions
Zoning & alternative use
GNC GEN COMMERCIAL · Homosassa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+69.3%
Office building
$985,000
+65.3%
Commercial (general)
$800,000
+34.3%
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 Homosassa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Homosassa 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
$595,000
Current use
MEDICAL BUILDING
$1,010,000
Change: +69% · Conversion: Difficult
OFFICE BUILDING
$985,000
Change: +65% · Conversion: Difficult
COMMERCIAL (GENERAL)
$800,000
Change: +34% · Conversion: Moderate
RETAIL STORES
$665,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$145 / 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
$22,387
Tax year 2023
Assessed value
$1,270,080
Assessed 2023
Previous assessed
$1,139,890
+11.4% YoY
Effective rate
1.76%
On assessed value
Assessed land
$374,540
Assessed improvement
$895,540
Land market value
$374,540
Improvement market value
$895,540
Total market value
$1,270,080
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
7
Total area
4,782 SF
Lot
3.96 ac (172,367 SF)
Zoning code
GNC GEN COMMERCIAL
APN
17E-19S-10-0020-000B0-001.0
UPID
US18-4688055
Jurisdiction
CITRUS
Zoning & alternative use
GNC GEN COMMERCIAL · Homosassa, FLZoning GNC GEN COMMERCIAL · permitted uses
GNC GEN COMMERCIAL · Homosassa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$595,000
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$985,000
COMMERCIAL (GENERAL)
Est. value
$800,000
RETAIL STORES
Est. value
$665,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1987
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
7
Lot
3.96 ac
Current owner
From public records · entity-resolved
Workman Holding Co LLC Trust
Trust
Free & Clear · 7 yrs held
Mailing address
1275 S SUNCOAST BLVD, HOMOSASSA, FL 34448-1461
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Sep 19, 2018
$380,000
Workman Holding Co LLC Trust
Hoffman Invs Of The Se LLC
Warranty Deed
—
Aug 5, 2011
$3,000,000
Rob Phillips Eagle Prop LLC
L & R Properties-homosassa LLC
Warranty Deed
$3,000,000 · L&r Properties-homosassa LLC
Mar 9, 2006
—
L & R Properties-homosassa LLC
Phillips L M Family Trust
Grant Deed
—
Dec 30, 1998
$200
R & M Partnership
Smith,ley H
Quit Claim Deed
related
—
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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