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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Turn key restaurants
1470 Suncoast Blvd, Homosassa, FL 34448-1462
Entity Owned
4-yr Hold
Free & Clear
Property ID
US19-0516018
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,100 SF
Lot
1.43 ac (62,465 SF)
Zoning code
GNC GEN COMMERCIAL
APN
17E-19S-10-0020-000A0-013.0
UPID
US19-0516018
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
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$418k
Blend (final)
Blend
$590k
Owner & transaction history
Krz Holdings LLC · 4 yrs held
Krz Holdings LLC
since 2021
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
GNC GEN COMMERCIAL · Homosassa, FL
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 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
$595,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $600k (Sep 21 2021)
Last sale anchor
$600k
Sep 21 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
$281 / 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
$5,515
Tax year 2023
Assessed value
$337,770
Assessed 2023
Previous assessed
$317,460
+6.4% YoY
Effective rate
1.63%
On assessed value
Assessed land
$173,820
Assessed improvement
$163,950
Land market value
$173,820
Improvement market value
$163,950
Total market value
$337,770
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
2,100 SF
Lot
1.43 ac (62,465 SF)
Zoning code
GNC GEN COMMERCIAL
APN
17E-19S-10-0020-000A0-013.0
UPID
US19-0516018
Jurisdiction
CITRUS
Zoning & alternative use
GNC GEN COMMERCIAL · Homosassa, FL
Zoning 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
Homosassa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.43 ac
Current owner
From public records · entity-resolved
Krz Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1470 S SUNCOAST BLVD, HOMOSASSA SPRINGS, FL 34448-1462
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2023
—
Krz Holdings LLC
—
Deed
related
$2,500,000 · Lake Michigan Cu
Aug 18, 2023
—
Krz Holdings LLC
—
Deed
related
$1,495,000 · Lake Michigan Cu
Mar 11, 2022
—
Krz Holdings LLC
—
Deed
related
$1,000,000 · Nmk Investment Holdings LLC
Sep 21, 2021
$600,000
Krz Holdings LLC
Christopher Nielsen
Warranty Deed
—
Jul 9, 2020
—
Christopher Nielsen
Lori Ann Investments LLC
Warranty Deed
—
Mar 24, 2014
$272,961
Christopher Nielsen
Lori Ann Investments LLC
Grant Deed
—
Apr 22, 2013
$275,000
Lori Ann Investments LLC
Schippers Richard K Trust
Warranty Deed
—
Aug 6, 2010
—
Schippers Richard K Trust
Schippers Richard K Trust
Quit Claim Deed
related
—
Sep 22, 2009
—
Angel Hallal
Hallal,louis
Quit Claim Deed
related
—
Sep 16, 2009
—
Schippers Richard K Trust
Schippers,richard K & Christina M
Quit Claim Deed
related
—
Feb 23, 2006
$200,000
Richard K Schippers
Hallal,linda
Warranty Deed
—
Mar 6, 2002
$192,900
Louis Hallal
Mideb LLC
Grant Deed
—
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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