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Property profile & analytics
OFF-MARKET
Retail space
2355 Ripple Path Crystal River, FL 34429-5137
Individually Owned
8-yr Hold
Free & Clear
Property ID
US18-3874899
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,784 SF
Lot
1.06 ac (46,174 SF)
Zoning code
CLC COASTAL LAKES COMMERC
APN
16E-19S-15-1A000-020.H
UPID
US18-3874899
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
-
Stars & Stripes Charters LLC Tour Operator Travel Agency
-
Ozello Keys Fish Camp Campground & RV Park
-
Ozello Boats - Airboat Tours (Bike/Boat/Book/etc) Store
-
Ozello Keys Marina (Bike/Boat/Book/etc) Store
-
Ken’s Custom Charters Tour Operator Travel Agency
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
George W Fletcher · 8 yrs held
George W Fletcher
since 2017
4 recorded transactions
Zoning & alternative use
CLC COASTAL LAKES COMMERC · Crystal River, 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 Crystal River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crystal River 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
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,007
Tax year 2023
Assessed value
$238,650
Assessed 2023
Previous assessed
$220,100
+8.4% YoY
Effective rate
1.68%
On assessed value
Assessed land
$87,880
Assessed improvement
$150,770
Land market value
$87,880
Improvement market value
$150,770
Total market value
$238,650
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Units
1
Bathrooms
4
Total area
2,784 SF
Lot
1.06 ac (46,174 SF)
Zoning code
CLC COASTAL LAKES COMMERC
APN
16E-19S-15-1A000-020.H
UPID
US18-3874899
Jurisdiction
CITRUS
Zoning & alternative use
CLC COASTAL LAKES COMMERC · Crystal River, FL
Zoning CLC COASTAL LAKES COMMERC · permitted uses
CLC COASTAL LAKES COMMERC · Crystal River, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Crystal River. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
1.06 ac
Current owner
From public records · entity-resolved
George W Fletcher
Individual
Free & Clear · 8 yrs held
Mailing address
2355 S RIPPLE PATH, CRYSTAL RIVER, FL 34429-5137
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2022
—
Gary L Bartell JR
—
Deed
related
$749,319 · Capital City Bank
Aug 25, 2017
$5,000
George W Fletcher
Griffith,susan R
Warranty Deed
—
Jun 27, 2013
$1,000
Mark A Hernandez
Kitchin,milton C
Warranty Deed
related
—
Aug 15, 2012
$72,000
Hernandez Mark A
Kitchin,milton C
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.
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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