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Property profile & analytics
FOR SALE
Strip malls
2780 N Florida Ave Hernando, FL 34442
Entity Owned
10-yr Hold
Free & Clear
Property ID
US19-0384797
For Sale
1 / 8
$275,000
2780 N Florida Ave, Hernando, FL 34442
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,400 SF
Lot
1.8 ac (78,539 SF)
Zoning code
GNC GEN COMMERCIAL
APN
19E-18S-23-0020-032.1
UPID
US19-0384797
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
-
Frank & Co. Hair Salon Hair Salon
-
Sparkeling Nails Salon Nail Salon
-
Pinkyz Binzzz Department Store
-
Institute for Accelerated RN Success Vocational School Training Center
-
Miracle Mile Therapy, LLC Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$740k
Blend (final)
Blend
$680k
Owner & transaction history
Scope Properties LLC · 10 yrs held
Scope Properties LLC
since 2016
3 recorded transactions
Zoning & alternative use
GNC GEN COMMERCIAL · Hernando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$905,000
+74.8%
Office building
$880,000
+70.2%
Retail stores
$750,000
+45.1%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$515,000
Current use
COMMERCIAL (GENERAL)
$905,000
Change: +75% · Conversion: Easy
OFFICE BUILDING
$880,000
Change: +70% · Conversion: Moderate
RETAIL STORES
$750,000
Change: +45% · Conversion: Easy
AUTO REPAIR, GARAGE
$675,000
Change: +30% · Conversion: Difficult
WAREHOUSE, STORAGE
$490,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$126 / 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
$14,928
Tax year 2023
Assessed value
$850,600
Assessed 2023
Previous assessed
$799,780
+6.4% YoY
Effective rate
1.75%
On assessed value
Assessed land
$201,590
Assessed improvement
$649,010
Land market value
$201,590
Improvement market value
$649,010
Total market value
$850,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Sale
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
17
Total area
5,400 SF
Lot
1.8 ac (78,539 SF)
Zoning code
GNC GEN COMMERCIAL
APN
19E-18S-23-0020-032.1
UPID
US19-0384797
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$905,000
OFFICE BUILDING
Est. value
$880,000
RETAIL STORES
Est. value
$750,000
AUTO REPAIR, GARAGE
Est. value
$675,000
WAREHOUSE, STORAGE
Est. value
$490,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
17
Lot
1.8 ac
Current owner
From public records · entity-resolved
Scope Properties LLC
Entity
Free & Clear · 10 yrs held
Mailing address
1645 W MAIN ST, INVERNESS, FL 34450-2419
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2016
$500,000
Scope Properties LLC
Huard,robert M
Grant Deed
—
Dec 30, 2013
—
Huard,elizabeth K Trust
Huard,elizabeth K
Quit Claim Deed
related
—
Jun 26, 2006
$1,500,000
Lawrence Huard
John William Joyce
Warranty Deed
$700,000 · Firstbank Florida
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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