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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Warehouses
2439 Trucks Ave Hernando, FL 34442-4951
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0551673
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2007
Construction
STEEL FRAME
Total area
8,600 SF
Lot
0.97 ac (42,153 SF)
Zoning code
GNC GEN COMMERCIAL
APN
19E-18S-27-0020-082.0
UPID
US18-0551673
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
$1.13M
Comparable Approach
Comparable
$909k
Blend (final)
Blend
$895k
Owner & transaction history
American Intl Alliance LP · 6 yrs held
American Intl Alliance LP
since 2019
7 recorded transactions
Zoning & alternative use
GNC GEN COMMERCIAL · Hernando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+83.9%
Office building
$1.4M
+79.0%
Retail stores
$1.2M
+52.7%
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 Hernando submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hernando 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%
$1,220,000
6.5%
$1,125,000
7%
$1,045,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$780,000
Current use
COMMERCIAL (GENERAL)
$1,440,000
Change: +84% · Conversion: Difficult
OFFICE BUILDING
$1,400,000
Change: +79% · Conversion: Difficult
RETAIL STORES
$1,195,000
Change: +53% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,070,000
Change: +37% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$825,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$895k
Range $806k – $985k · ±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
$104 / 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
$11,659
Tax year 2023
Assessed value
$743,680
Assessed 2023
Previous assessed
$651,500
+14.1% YoY
Effective rate
1.57%
On assessed value
Assessed land
$40,490
Assessed improvement
$703,190
Land market value
$40,490
Improvement market value
$703,190
Total market value
$743,680
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Bathrooms
1
Total area
8,600 SF
Lot
0.97 ac (42,153 SF)
Zoning code
GNC GEN COMMERCIAL
APN
19E-18S-27-0020-082.0
UPID
US18-0551673
Jurisdiction
CITRUS
Zoning & alternative use
GNC GEN COMMERCIAL · Hernando, FLZoning GNC GEN COMMERCIAL · permitted uses
GNC GEN COMMERCIAL · Hernando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$780,000
COMMERCIAL (GENERAL)
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$825,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
0.97 ac
Current owner
From public records · entity-resolved
American Intl Alliance LP
Entity
Mailing address
1005 GUNN HWY STE #110, ODESSA, FL 33556-5330
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2019
—
American Intl Alliance LP
Johnson,sherry M & Ernest M
Deed
related
—
Nov 16, 2016
—
Hernando Storage LLC
Picard,willis
Grant Deed
related
—
Jun 9, 2016
—
Hernando Storage LLC
—
Deed
related
$876,900 · First Citrus Bk
Jun 2, 2016
—
Hernando Storage LLC
—
Deed
related
$876,900 · First Citrus Bank
Nov 1, 2006
—
Willis J Picard
—
Trustees Deed
related
$200,000 · Regions Bank
Apr 22, 2002
$18,000
Willis J Picard
Garlin,william R
Grant Deed
$15,150 · Suntrust Bank NA
Apr 22, 2002
—
William R Garlin
Conley,paula L
Grant Deed
related
—
Feb 6, 2002
—
Willis J Piscard
—
Trustees Deed
related
$90,000 · Regions Bank
—
—
Willis J Picard
—
Deed Of Trust
related
$915,000 · Brannen Bank
—
—
Hernando Storage LLC
—
Deed Of Trust
related
$876,900 · First Citrus Bk
—
—
Willis J Picard
—
Deed Of Trust
related
$5,000 · Regions Bank
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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