Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    209 Courthouse Sq Inverness, FL 34450-4840

    • Office buildings
    • 2,248 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US18-5300400
    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

    • Bradshaw & Mountjoy / Attorney
    • Bradshaw R Wesley / Attorney

    Property Details for 209 Courthouse Sq

    Year built
    1950
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.11 lot acres
    Property size
    2,248 SF
    Zone code
    CBD CENTRAL BUSINESS DIST
    Property type
    Office buildings
    APN
    20E-19S-17-0050-01100-013.0
    APU
    20E19S170050011000130

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $230,000
      7%
      $250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $305,000
      Mixed-Use
      $250,000
      Hospitality
      $280,000
      Educational
      $300,000
      Residential Income
      $270,000
      Energy
      $235,000
      Income-Based Land
      $295,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Inverness
    County
    Citrus
    State
    Florida
    Longitude
    -82.3296
    Latitude
    28.8364
    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
    $5,782
    $47,030
    $213,920
    $260,950
    -
    $47,030
    $213,920
    $260,950

    Comparable in this City

    • Value Estimation by Request
      21,616 SF

      1 Dr Martin Luther King Jr Ave

      OFFICE BUILDING • 21,616 SF
      1 Dr Martin Luther King Jr Ave, Inverness, FL 34450-4968
      View Details
    • Value Estimation
      $185,000
      1,147 SF

      115 Seminole Ave

      OFFICE BUILDING • 1,147 SF
      115 Seminole Ave, Inverness, FL 34450-4124
      View Details
    • Value Estimation
      $600,000
      3,912 SF

      601 Us Hwy 41

      OFFICE BUILDING • 3,912 SF
      601 Us Hwy 41, Inverness, FL 34450-6074
      View Details
    • Value Estimation
      $320,000
      1,800 SF

      507 Main St

      OFFICE BUILDING • 1,800 SF
      507 Main St, Inverness, FL 34450-4748
      View Details
    • Value Estimation
      $255,000
      2,536 SF

      107 Main St

      OFFICE BUILDING • 2,536 SF
      107 Main St, Inverness, FL 34450-4852
      View Details
    • Value Estimation
      $300,000
      2,646 SF

      314 Main St

      OFFICE BUILDING • 2,646 SF
      314 Main St, Inverness, FL 34450-4744
      View Details

    Similar Nearby for Sale

    • $295,000
      0.19 Acres

      Downtown Inverness Brick Building For Sale

      Charming brick building in downtown Inverness with upgrade and parking.
      209 N Pine Ave, Inverness, FL 34450
      View Details
    • $525,000
      3,281 SF

      Highway 41 Office Building Investment

      High-visibility office building, 1 acre lot.
      625 Us Highway 41, Inverness, FL 34450
      View Details
    • $3,300,000
      11,484 SF

      Versatile Commercial Property For Sale

      3.3 acres with 11,874 sq ft building near Withlacoochee State Trail.
      601 S Us Highway 41, Inverness, FL 34450
      View Details
    • $3,300,000
      11,484 SF

      Versatile Commercial Property For Sale

      3.3 acres with 11,874 sq ft building in Inverness, FL.
      601 S Us Highway 41, Inverness, FL 34450
      View Details
    • $3,300,000
      3.30 Acres

      Versatile Commercial Property For Sale

      3.3 acres with 11,874 sq ft building near Withlacoochee Trail.
      601 S Us Highway 41, Inverness, FL 34450
      View Details
    • $85,000

      Inverness Commercial Land & Business

      Established Auto Repair Shop, Great Location
      8009 Pemberton Path, Inverness, FL 34450
      View Details

    Similar Nearby for Lease

    • $675 /Mo
      249 SF

      Historic Downtown Inverness Office Suite

      Charming furnished office suite in historic downtown Inverness.
      111 W Main St, Inverness, FL 34450
      View Details
    • $13,500 /Mo
      134,600 SF

      Inverness Commercial Property for Rent

      3.09-acre commercial property with 32,608 SF mixed-use facility for rent.
      315 S Us Highway 41, Inverness, FL 34450
      View Details
    • $8,250 /Mo
      13,068 SF

      Remodeled Retail Space in Inverness

      3300 SF remodeled retail space in downtown Inverness for lease.
      805 W Main St, Inverness, FL 34450
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    209 Courthouse Sq
    Inverness, FL 34450-4840
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.