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    Property profile & analytics

    1978 Lecanto Hwy Lecanto, FL 34461-9680

    • Auto shops
    • 7,018 SF
    • 1.16 lot acres
    OFF-MARKET
    Value Estimation
    $2,655,000
    Last Sale
    May 24, 2021
    $2,650,000
    Location Intelligence
    Property ID
    US18-7990784
    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

    • Mavis Tires & Brakes / Brake Shop / Car Repair And Maintenance Service

    Property Details for 1978 Lecanto Hwy

    Year built
    2022
    Lot size
    1.16 lot acres
    Property size
    7,018 SF
    Zone code
    GNC GEN COMMERCIAL
    Property type
    Auto shops
    APN
    18E-18S-28-0010-004.0
    APU
    18E18S2800100040

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,630,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,485,000
      6.5%
      $2,450,000
      7%
      $2,820,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,585,000
      Geo Method
      $3,095,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,440,000
      Retail
      $2,925,000
      Mixed-Use
      $2,640,000
      Hospitality
      $2,415,000
      Educational
      $3,145,000
      Residential Income
      $2,625,000
      Energy
      $2,540,000
      Income-Based Land
      $2,560,000
      Food Service
      $2,430,000

    Location Insight

    • Map
    • Local Demand
    City
    Lecanto
    County
    Citrus
    State
    Florida
    Longitude
    -82.4855
    Latitude
    28.8912
    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
    $20,723
    $577,310
    $748,300
    $1,325,610
    -
    $577,310
    $748,300
    $1,325,610

    Comparable in this City

    • Value Estimation by Request
      8,750 SF

      3981 Homosassa Trl

      AUTO REPAIR, GARAGE • 8,750 SF
      3981 Homosassa Trl, Lecanto, FL 34461
      View Details
    • Value Estimation
      $285,000
      1,680 SF

      1899 Lecanto Hwy

      AUTO REPAIR, GARAGE • 1,680 SF
      1899 Lecanto Hwy, Lecanto, FL 34461-9681
      View Details
    • Value Estimation
      $605,000
      5,000 SF

      2565 Lecanto Hwy

      AUTO REPAIR, GARAGE • 5,000 SF
      2565 Lecanto Hwy, Lecanto, FL 34461-9677
      View Details
    • Value Estimation
      $320,000
      7,500 SF

      277 Salisbury Ter

      AUTO REPAIR, GARAGE • 7,500 SF
      277 Salisbury Ter, Lecanto, FL 34461-8754
      View Details
    • Value Estimation by Request
      4,000 SF

      4016 Southern St

      AUTO REPAIR, GARAGE • 4,000 SF
      4016 Southern St, Lecanto, FL 34461-8616
      View Details
    • Value Estimation
      $330,000
      2,400 SF

      4365 Lee Ann Ln

      AUTO REPAIR, GARAGE • 2,400 SF
      4365 Lee Ann Ln, Lecanto, FL 34461-9081
      View Details

    Similar Nearby for Sale

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      4,812 SF

      Versatile Mixed-Use Property on Highway

      2-acre property with commercial buildings, horse stalls, and residential home.
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    • $999,000
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      Established restaurant and grocery store on 1.32 acres.
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    • New
      $3,900,000
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    Similar Nearby for Lease

    • Contact for pricing
      1,788 SF

      New Retail Space For Lease

      Retail space available for lease, delivery January 2026.
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      View Details
    • Contact for pricing

      Lecanto Outparcel at Target Center

      Outparcel at Target-anchored center in Lecanto, utilities on-site.
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    • $9,442 /Mo
      11,331 SF

      Lecanto Commercial Building For Lease

      Excellent location with accessibility and visibility for your business.
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    • $5,000 /Mo
      5,000 SF

      Lecanto Office Building For Rent

      Office building in excellent condition with open workspace and conference rooms.
      705 S Easy St, Lecanto, FL 34461
      View Details
    • Contact for pricing

      Land for Lease in Lecanto

      Land available for lease in a planned Lecanto development.
      3440 W Gulf To Lake Hwy, Lecanto, FL 34461
      View Details
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    Lecanto, FL 34461-9680
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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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