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1756 S Suncoast Blvd, Homosassa, FL 34448
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Property summary
AI-generated overview
This exceptional commercial property, located at 1756 S Suncoast Boulevard in Homosassa, Florida, presents a unique investment opportunity. Boasting 1,385 square feet on a 0.89-acre lot, this retail space is strategically positioned on the highly trafficked US Highway 19/Suncoast Boulevard, offering approximately 109 feet of road frontage. The property benefits from a high average annual daily traffic count of 23,500 vehicles. The existing structure is a two-story A-frame building, currently configured as an office space with a break room, restroom, office area, and loft. Five carports and additional storage areas are also included. The property is fully fenced and features public water and septic. Its location in Homosassa provides easy access to the Suncoast Parkway (589 Toll Road), the Gulf of Mexico, Homosassa River, and Chassahowitzka River, making it attractive to both residents and tourists. The property is zoned GNC. Citrus County boasts a robust local economy and a growing population, experiencing a 15.1% increase from 2010 to 2023. This prime location and versatile building offer significant potential for a variety of commercial ventures. The asking price is $599,900.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
WOOD
Total area
1,035 SF
Lot
0.89 ac (38,800 SF)
Zoning code
GNC GEN COMMERCIAL
APN
17E-19S-10-0020-000A0-023.5
UPID
US18-0493454
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Car Dealership
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$215k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$185k
Owner & transaction history
since 2020
Last sale
$200,000
6 recorded transactions
Zoning & alternative use
GNC GEN COMMERCIAL · Homosassa, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$185k
Value range
$167k – $204k
±10% around blend
Estimated value / SF
$179 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$167k
blend $185k
$204k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,035 SF
Lot area
0.89 ac
Year built
1973
Stories
1
APN
17E-19S-10-0020-000A0-023.5
Zoning
GNC GEN COMMERCIAL
Assessed value
$227,350
Annual tax
$3,714
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$185k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 20 sales
$206
-13%
County 131 sales
$163
+10%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $179/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$200k
Move the market yield to see immediate price impact.
Value / SF
$193
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$13k
$252k
$180k
$140k
$14k
$280k
$200k
$156k
$15k
$308k
$220k
$171k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,714
Tax year 2023
Assessed value
$227,350
Assessed 2023
Previous assessed
$218,520
+4.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$118,240
Assessed improvement
$109,110
Land market value
$118,240
Improvement market value
$109,110
Total market value
$227,350
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1973
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
1
Total area
1,035 SF
Lot
0.89 ac (38,800 SF)
Zoning code
GNC GEN COMMERCIAL
APN
17E-19S-10-0020-000A0-023.5
UPID
US18-0493454
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
Building & site characteristics
From public records
Year built
1973
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.89 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
GNC GEN COMMERCIAL
Jurisdiction
Homosassa, FL
Recorded code
GNC GEN COMMERCIAL
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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