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    Property profile & analytics

    1876 Florida Ave Hernando, FL 34442-5621

    • Retail space
    • 3,720 SF
    • 1.73 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Last Sale
    May 07, 2024
    $240,000
    Location Intelligence
    Property ID
    US18-2929484
    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

    • Grizzly Trailers & Metal Fabrication / Metal Supplier
    • New Era Conveyor Solutions, LLC / Material Handling Equipment Supplier / Metal Fabricator
    • B&B Conveyors LLC / Warehouse

    Property Details for 1876 Florida Ave

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.73 lot acres
    Property size
    3,720 SF
    Zone code
    GNC GEN COMMERCIAL
    Property type
    Retail space
    APN
    19E-18S-25-33410-00B.2
    APU
    19E18S253341000B2

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $300,000
      6.5%
      $315,000
      7%
      $320,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $355,000
      Geo Method
      $355,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $335,000
      Mixed-Use
      $350,000
      Hospitality
      $250,000
      Educational
      $285,000
      Residential Income
      $310,000
      Energy
      $330,000
      Income-Based Land
      $315,000
      Food Service
      $295,000

    Location Insight

    • Map
    • Local Demand
    City
    Hernando
    County
    Citrus
    State
    Florida
    Longitude
    -82.3679
    Latitude
    28.8894
    CBSA code
    26140
    CBSA name
    HOMOSASSA SPRINGS, FL MICROPOLITAN 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
    $3,110
    $88,580
    $107,790
    $196,370
    -
    $88,580
    $107,790
    $196,370

    Comparable in this City

    • Value Estimation
      $95,000
      1,800 SF

      3389 Buffalo Ln

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      3389 Buffalo Ln, Hernando, FL 34442-3037
      View Details
    • Value Estimation by Request
      400 SF

      3510 Via Ln

      RETAIL STORES (PERSONAL SERVICES) • 400 SF
      3510 Via Ln, Hernando, FL 34442-4368
      View Details
    • Value Estimation
      $265,000
      2,489 SF

      2727 Carl G Rose Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,489 SF
      2727 Carl G Rose Hwy, Hernando, FL 34442-4399
      View Details
    • Value Estimation
      $210,000
      1,296 SF

      2820 Florida Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,296 SF
      2820 Florida Ave, Hernando, FL 34442-4394
      View Details
    • Value Estimation
      $195,000
      1,676 SF

      2637 Florida Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,676 SF
      2637 Florida Ave, Hernando, FL 34442-4330
      View Details
    • Value Estimation
      $260,000
      840 SF

      1141 Norvell Bryant Hwy

      RETAIL STORES (PERSONAL SERVICES) • 840 SF
      1141 Norvell Bryant Hwy, Hernando, FL 34442-6502
      View Details

    Similar Nearby for Sale

    • $285,000
      1,629 SF

      Hernando Retail on State Road

      High-visibility retail property with versatile zoning and strong traffic.
      4655 N Carl G. Rose Hwy, Hernando, FL 34442
      View Details
    • $189,000
      0.19 Acres

      Established Salon Opportunity in Hernando

      Profitable salon with equipment, prime location near Hwy 486.
      3822 E Parsons Point Rd, Hernando, FL 34442
      View Details
    • $420,000
      0.50 Acres

      Commercial Property on High-Traffic Highway

      Two commercial properties in high-traffic area, excellent visibility and accessibility.
      2018 N Florida Ave, Hernando, FL 34442
      View Details
    • $285,000
      0.48 Acres

      Commercial Property on State Road

      High-visibility commercial property with versatile zoning and highway frontage.
      4655 N Carl G. Rose Hwy, Hernando, FL 34442
      View Details
    • $79,000
      0.15 Acres

      Commercial Corner Lot with Office

      Commercial corner lot with office building, highway exposure, ample parking.
      4662 N Carl G Rose Hwy, Hernando, FL 34442
      View Details
    • $250,000
      0.56 Acres

      Prime Retail Opportunity in Hernando

      Two adjacent parcels with frontage on SR-200, ideal for development.
      7103 N Carl G Rose Hwy, Hernando, FL 34442
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Retail Space in Hernando, FL

      Retail property for lease in a high-traffic location.
      2456-2488 N Heritage Oaks Path, Hernando, FL 34442
      View Details
    • Contact for pricing
      30,300 SF

      Heritage Hills Plaza Retail Space

      High-traffic retail center; spaces available.
      2400-2492 Heritage Oaks Path Citrus County, Hernando, FL 34442
      View Details
    • Contact for pricing
      2,400 SF

      Office Space Available For Rent

      Office space available for rent in Hernando, Florida.
      2480 North Heritage Oaks Path, Hernando, FL 34442
      View Details
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    1876 Florida Ave
    Hernando, FL 34442-5621
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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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