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    Property profile & analytics

    16 Hwy 40th W Inglis, FL 34449-9612

    • Hotels
    • 2,687 SF
    • 4.32 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-5245433
    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

    • Emerald Diamond Tattoo Studio / Tattoo And Piercing Shop

    Property Details for 16 Hwy 40th W

    Year built
    1942
    Construction
    FRAME
    Lot size
    4.32 lot acres
    Property size
    2,687 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    308400000
    APU
    308400000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Inglis
    County
    Levy
    State
    Florida
    Longitude
    -82.6704
    Latitude
    29.0298
    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
    $14,501
    $0.00
    $0.00
    $618,320
    -
    $179,000
    $439,320
    $618,320

    Comparable in this City

    • Value Estimation by Request

      11241 Northwood Dr

      Multifamily properties
      11241 Northwood Dr, Inglis, FL 34449
      View Details
    • Value Estimation by Request
      2.00 Acres

      Inglis, FL 34449

      CREMATORIUM, MORTUARY • 2.00 Acres
      Inglis, FL 34449
      View Details
    • Value Estimation by Request
      0.45 Acres

      Inglis, FL 34449

      VACANT COMMERCIAL LAND • 0.45 Acres
      Inglis, FL 34449
      View Details
    • 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 by Request
      2,400 SF

      660 Hwy 40th E

      GROCERY, SUPERMARKET • 2,400 SF
      660 Hwy 40th E, Inglis, FL 34449
      View Details
    • Value Estimation by Request
      1.88 Acres

      Debra St

      Land • 1.88 Acres
      0 Debra St, Inglis, FL 34449
      View Details

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    16 Hwy 40th W
    Inglis, FL 34449-9612
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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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