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Property profile & analytics
FOR SALE
Quadplexes
2000 SE 40Th Street Rd Ocala, FL 34480
Individually Owned
2-yr Hold
Property ID
US18-9334504
For Sale
1 / 13
$564,000
2000 SE 40Th Street Rd, Ocala, FL 34480
View Listing →
Property summary
AI-generated overview
Investor-ready quadplex in the heart of Ocala! This fully occupied, income generating property features four spacious 2-bedroom units, each with 1 bathroom and separate metering. With a total of 3,233 heated Sq Ft and a solid rental history, this fee simple asset offers immediate cash flow. Situated on a 0.28-acre lot in Citrus Park, the building boasts durable wood siding, shingle roof, and central air. Interior finishes include tile, vinyl, and laminate flooring. Zoned R-3 and located in Flood Zone X, this property combines stability, scalability, and long-term upside. Minutes from SE Maricamp Rd and major conveniences. No HOA, no special sale conditions — just a clean, performing investment. bikeScore: 37, Somewhat Bikeable walkScore: 3, Car-Dependent transitScore: 16, Minimal Transit
Property profile
Verified
Property type
Quadplexes
Year built
1983
UPID
US18-9334504
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
Ravi Kumar Kasam · 2 yrs held
Ravi Kumar Kasam
since 2024
7 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 Ocala submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ocala 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
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Quadplexes
Status
For Sale
Year built
1983
UPID
US18-9334504
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
1983
Current owner
From public records · entity-resolved
Ravi Kumar Kasam
Individual
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2024
$535,000
Ravi Kumar Kasam
Quincy Yaw
Warranty Deed
$374,500 · Kind Lending LLC
May 26, 2023
—
Quincy Yaw
Y E S Property Management LLC
Quitclaim Deed
related
—
Nov 8, 2019
$100,600
Elder Planning Income Concepts
Doring Carmen M Trust
Grant Deed
—
Nov 8, 2019
$179,000
Y E S Property Managment LLC
Elder Planning Income Concepts
Grant Deed
—
Nov 8, 2019
$82,800
Elder Planning Income Concepts
Patricia A Edwards
Grant Deed
—
Apr 30, 2019
$105,000
Elder Planning Income Concepts
Perkins,william B
Grant Deed
—
Apr 30, 2019
$199,500
Doring,carmen M Trust
Elder Planning Income Concepts
Grant Deed
—
Oct 13, 2017
—
Patricia A Edwards
Edwards,patricia A
Quitclaim Deed
related
—
Jun 28, 2017
$85,000
Elder Planning Income Concepts
Klein,goldie
Grant Deed
—
Jun 28, 2017
$82,800
Patricia A Edwards
Elder Planning Income Concepts
Warranty Deed
—
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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