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Property profile & analytics
FOR SALE
Retail space
18132 Commercial Way Weeki Wachee, FL 34614
Individually Owned
8-yr Hold
Free & Clear
Property ID
US19-0897646
For Sale
1 / 22
$163,000
18132 Commercial Way, Weeki Wachee, FL 34614
View Listing →
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
2003
Construction
WOOD
Total area
288 SF
Lot
0.48 ac (20,857 SF)
APN
R01-221-17-3290-0087-0010
UPID
US19-0897646
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Robert L Hartzell JR · 8 yrs held
Robert L Hartzell JR
since 2017
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 Weeki Wachee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weeki Wachee 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$903
Tax year 2022
Assessed value
$58,871
Assessed 2023
Previous assessed
$56,543
+4.1% YoY
Effective rate
1.53%
On assessed value
Assessed land
$37,903
Assessed improvement
$20,968
Land market value
$25,237
Improvement market value
$35,050
Total market value
$60,287
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
For Sale
Year built
2003
Construction
WOOD
Heating
YES
Stories
2
Rooms
1
Bathrooms
1
Total area
288 SF
Lot
0.48 ac (20,857 SF)
APN
R01-221-17-3290-0087-0010
UPID
US19-0897646
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
2003
Construction
WOOD
Heating
YES
Stories
2
Rooms
1
Bathrooms
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Robert L Hartzell JR
Individual
Free & Clear · 8 yrs held
Mailing address
4107 DAISY DR, HERNANDO BEACH, FL 34607-3340
Ownership since
2017
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
Dec 18, 2017
—
Robert L Hartzell JR
Hartzell,robert L JR & Lynn A
Quit Claim Deed
related
—
Feb 10, 2005
—
Robert L Hartzell SR.
Hartzell R L SR & H H Trust
Quit Claim Deed
related
—
Jan 28, 2005
$90,000
Robert L Hartzell
Linville,judith S
Warranty Deed
—
—
—
Judith S Linville
—
Deed Of Trust
related
$55,000 · Fidelity Bank Florida
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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