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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Retail space
1396 Kass Cir Spring Hill, FL 34606-4309
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-1473303
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1984
Construction
METAL FRAME
Total area
11,650 SF
Lot
1.3 ac (56,628 SF)
APN
R32-323-17-5031-1846-0040
UPID
US18-1473303
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$855k
Owner & transaction history
People Helping People Of Hernando · 11 yrs held
People Helping People Of Hernando
since 2015
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Spring Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Hill 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
Blend value · Realmo final
$855k
Range $770k – $941k · ±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
$73 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$5,832
Tax year 2022
Assessed value
$719,895
Assessed 2023
Previous assessed
$876,296
-17.8% YoY
Effective rate
0.81%
On assessed value
Assessed land
$129,324
Assessed improvement
$590,571
Land market value
$153,117
Improvement market value
$799,584
Total market value
$952,701
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
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1984
Construction
METAL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Rooms
1
Bathrooms
5
Total area
11,650 SF
Lot
1.3 ac (56,628 SF)
APN
R32-323-17-5031-1846-0040
UPID
US18-1473303
Jurisdiction
HERNANDO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1984
Construction
METAL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
4
Rooms
1
Bathrooms
5
Lot
1.3 ac
Current owner
From public records · entity-resolved
People Helping People Of Hernando
Individual
Mailing address
PO BOX 6182, SPRING HILL, FL 34611-6182
Ownership since
2015
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
Apr 6, 2015
$450,000
People Helping People Of Hernando
Larson Donald E & Marlene J
Warranty Deed
$427,500 · Larson Family Trust (pt)
Mar 29, 2011
—
Larson Family Trust
Larson,donald E & Marlene J
Quit Claim Deed
related
—
Jul 21, 2010
$617,742
Donald E Larson
Walker,deborah
Deed In Lieu Of Foreclosure
—
Jan 4, 2006
$750,000
Deborah Walker
Larson,donald E & Marlene J
Warranty Deed
$650,000 · Donald E & Marlene J Larson
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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