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    Property profile & analytics

    131 Hwy 40th E Inglis, FL 34449-9617

    • Distribution centers
    • 2,400 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Last Sale
    Apr 28, 2023
    $300,000
    Location Intelligence
    Property ID
    US18-4727723
    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

    • Distribution centers

    Property Details for 131 Hwy 40th E

    Year built
    1994
    Construction
    STEEL FRAME
    Lot size
    1.03 lot acres
    Property size
    2,400 SF
    Property type
    Distribution centers
    APN
    1297000000
    APU
    1297000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $250,000
      7%
      $245,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $275,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $240,000
      Mixed-Use
      $230,000
      Hospitality
      $305,000
      Educational
      $235,000
      Residential Income
      $300,000
      Energy
      $290,000
      Income-Based Land
      $285,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Inglis
    County
    Levy
    State
    Florida
    Longitude
    -82.6645
    Latitude
    29.03
    CBSA code
    23540
    CBSA name
    GAINESVILLE, FL METROPOLITAN 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
    $1,594
    $0.00
    $0.00
    $76,560
    -
    $22,002
    $54,558
    $76,560

    Comparable in this City

    • Value Estimation by Request
      2,562 SF

      841 Hwy 40th E

      DISTRIBUTION WAREHOUSE • 2,562 SF
      841 Hwy 40th E, Inglis, FL 34449-9451
      View Details
    • Value Estimation
      $250,000
      2,480 SF

      29 Michigan Dr

      DISTRIBUTION WAREHOUSE • 2,480 SF
      29 Michigan Dr, Inglis, FL 34449-9663
      View Details
    • Value Estimation by Request
      2,200 SF

      157 Hwy 40th E

      DISTRIBUTION WAREHOUSE • 2,200 SF
      157 Hwy 40th E, Inglis, FL 34449
      View Details
    • Value Estimation by Request
      0.55 Acres

      13 Michigan Dr

      DISTRIBUTION WAREHOUSE • 0.55 Acres
      13 Michigan Dr, Inglis, FL 34449
      View Details
    • Value Estimation by Request
      4,800 SF

      18131 Hwy 19

      DISTRIBUTION WAREHOUSE • 4,800 SF
      18131 Hwy 19, Inglis, FL 34449-3606
      View Details
    • Value Estimation by Request
      1,120 SF

      570 Hwy 40th E

      FOOD PROCESSING • 1,120 SF
      570 Hwy 40th E, Inglis, FL 34449-9433
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
      0.27 Acres

      Corner Parcel Near Downtown Inglis

      0.27-acre corner parcel near downtown Inglis, not in flood zone.
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    • Contact for pricing
      0.23 Acres

      Land Parcel in Inglis, Florida

      0.23 acre parcel in Inglis, paved road, no HOA.
      SE 110Th Ave, Inglis, FL 34449
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    • $145,000

      Land Available for Purchase

      Land for sale in Inglis, Florida.
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    • $54,000
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      Inglis, FL Land Opportunity

      2.55-acre lot near barge canal, close to downtown Inglis.
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    • New
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      0.36-acre waterfront lot with direct lake access.
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    131 Hwy 40th E
    Inglis, FL 34449-9617
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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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