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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Office Spaces
2224 Hwy 44th W Inverness, FL 34453-3860
Trust Owned
21-yr Hold
Free & Clear
Property ID
US18-3918833
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,900 SF
Lot
0.3 ac (13,051 SF)
Zoning code
RO RESIDENT/OFFICE
APN
19E-19S-13-0020-027.D
UPID
US18-3918833
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
$1.02M
Comparable Approach
Comparable
$815k
Blend (final)
Blend
$840k
Owner & transaction history
Czajkowski Brian W & L P Trust · 21 yrs held
Czajkowski Brian W & L P Trust
since 2005
5 recorded transactions
Zoning & alternative use
RO RESIDENT/OFFICE · Inverness, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+18.0%
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 Inverness submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inverness 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,105,000
6.5%
$1,020,000
7%
$945,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,055,000
Current use
MEDICAL BUILDING
$1,245,000
Change: +18% · Conversion: Easy
COMMERCIAL (GENERAL)
$985,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$840k
Range $756k – $924k · ±10%
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
$142 / 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
$8,755
Tax year 2023
Assessed value
$396,960
Assessed 2023
Previous assessed
$358,680
+10.7% YoY
Effective rate
2.21%
On assessed value
Assessed land
$24,930
Assessed improvement
$372,030
Land market value
$24,930
Improvement market value
$372,030
Total market value
$396,960
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
8
Total area
5,900 SF
Lot
0.3 ac (13,051 SF)
Zoning code
RO RESIDENT/OFFICE
APN
19E-19S-13-0020-027.D
UPID
US18-3918833
Jurisdiction
CITRUS
Zoning & alternative use
RO RESIDENT/OFFICE · Inverness, FL
Zoning RO RESIDENT/OFFICE · permitted uses
RO RESIDENT/OFFICE · Inverness, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Inverness. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$985,000
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
8
Lot
0.3 ac
Current owner
From public records · entity-resolved
Czajkowski Brian W & L P Trust
Trust
Free & Clear · 21 yrs held
Mailing address
1573 W REDDING ST, HERNANDO, FL 34442-3285
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2005
—
Czajkowski Brian W & L P Trust
Czajkowski,brian & Lynn
Quit Claim Deed
related
—
—
—
Czajkowski Brian W & L P Trust
—
Deed Of Trust
related
$405,000 · Capital Cty Bk
—
—
Brian W Czajkowski
—
Deed Of Trust
related
$420,000 · Nature Coast Bank
—
—
Brian W Czajkowski
—
Deed Of Trust
related
$415,000 · Nature Coast Bank
—
—
Brian Czajkowski
—
Deed Of Trust
related
$116,000 · Suncoast School FCU
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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