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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Retail space
1919 Gulf To Lk Hwy Lecanto, FL 34461-9217
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0187525
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
960 SF
Lot
2.33 ac (101,277 SF)
Zoning code
GNC GEN COMMERCIAL
APN
18E-19S-02-1A850-001.0
UPID
US18-0187525
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
Current use
Occupant on record · Public records
-
Citrus Power Tools & Fastners Tool Repair Shop Tool Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$945k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$945k
Owner & transaction history
Ssbc Lecanto LLC · 1 yrs held
Ssbc Lecanto LLC
since 2024
Last sale
$945,000
7 recorded transactions
Zoning & alternative use
GNC GEN COMMERCIAL · Lecanto, 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 Lecanto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lecanto 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
$945,000
ML approach
$945,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $945k (Sep 20 2024)
Last sale anchor
$945k
Sep 20 2024
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
$984 / 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
$10,890
Tax year 2023
Assessed value
$645,720
Assessed 2023
Previous assessed
$645,720
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$176,830
Assessed improvement
$468,890
Land market value
$176,830
Improvement market value
$468,890
Total market value
$645,720
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
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
4
Stories
1
Bathrooms
9
Total area
960 SF
Lot
2.33 ac (101,277 SF)
Zoning code
GNC GEN COMMERCIAL
APN
18E-19S-02-1A850-001.0
UPID
US18-0187525
Jurisdiction
CITRUS
Zoning & alternative use
GNC GEN COMMERCIAL · Lecanto, FL
Zoning GNC GEN COMMERCIAL · permitted uses
GNC GEN COMMERCIAL · Lecanto, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lecanto. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
9
Lot
2.33 ac
Current owner
From public records · entity-resolved
Ssbc Lecanto LLC
Entity
Mailing address
17407 E BRG HL CT STE A, TAMPA, FL 33647-3522
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2024
$945,000
Ssbc Lecanto LLC
Citrus Central Business Park LLC
Warranty Deed
$945,000 · Brannen Bank
May 2, 2019
—
Citrus Central Business Park LLC
—
Deed
related
$256,687 · Drummond Community Bank
Jan 14, 2019
$100
Steven A Sarno
Sarno,robert J
Quit Claim Deed
related
—
Aug 22, 2014
—
Central Business Park L Citrus
Rsd Distributors LLC
Grant Deed
—
Mar 22, 2011
—
Branch Bkng & Trust Co
On Edge Ents LLC Coc
Trustees Deed
related
—
Mar 14, 2011
—
Branch Bkng & Trust Co
Clerk Of Circuit Court/citrus Cnt
Trustees Deed
related
—
Aug 31, 2004
—
On Edge Ents LLC
—
Trustees Deed
related
$582,000 · Capital City Bank
Aug 15, 2003
$32,857
On Edge Enterprises LLC
Harrigan,daniel & Denise
Grant Deed
$60,000 · Suntrust Bank NA
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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