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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Warehouses
3111 Thomas St Inverness, FL 34453-3225
Trust Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-1743725
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2008
Construction
STEEL FRAME
Total area
9,600 SF
Lot
0.55 ac (24,058 SF)
Zoning code
GNC GEN COMMERCIAL
APN
19E-19S-02-0010-00100-052.0
UPID
US18-1743725
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
-
Thomas Street Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$620k
Blend (final)
Blend
$650k
Owner & transaction history
Parsley W Roscoe JR Trust · 14 yrs held
Parsley W Roscoe JR Trust
since 2011
7 recorded transactions
Zoning & alternative use
GNC GEN COMMERCIAL · Inverness, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$920,000
+5.2%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$875,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$920,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$68 / 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
$5,992
Tax year 2023
Assessed value
$383,360
Assessed 2023
Previous assessed
$334,900
+14.5% YoY
Effective rate
1.56%
On assessed value
Assessed land
$44,830
Assessed improvement
$338,530
Land market value
$44,830
Improvement market value
$338,530
Total market value
$383,360
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
1
Total area
9,600 SF
Lot
0.55 ac (24,058 SF)
Zoning code
GNC GEN COMMERCIAL
APN
19E-19S-02-0010-00100-052.0
UPID
US18-1743725
Jurisdiction
CITRUS
Zoning & alternative use
GNC GEN COMMERCIAL · Inverness, FL
Zoning GNC GEN COMMERCIAL · permitted uses
GNC GEN COMMERCIAL · 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
WAREHOUSE, STORAGE Current
Est. value
$875,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$920,000
WAREHOUSE, STORAGE Current
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
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Parsley W Roscoe JR Trust
Trust
Free & Clear · 14 yrs held
Mailing address
4635 N CARL G ROSE HWY, HERNANDO, FL 34442-4130
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2011
$225,000
Parsley W Roscoe JR Trust
Bayview Ln Svcg LLC
Grant Deed
—
Jul 19, 2011
—
Bayview Ln Svcg LLC
Casperson,william D Coc
Trustees Deed
related
—
Jul 8, 2011
—
Bayview Ln Svcg LLC
Clerk Of Circuit Court/citrus Cnt
Trustees Deed
related
—
Nov 20, 2009
—
Casperson Family Living Trust
Casperson,william D
Quit Claim Deed
related
—
Jul 19, 2007
—
William D Casperson
—
Trustees Deed
related
$412,000 · Blx Capital LLC
Apr 6, 2006
$80,000
William D Casperson
Grau,charles & Theresa M
Warranty Deed
—
Sep 23, 2004
$50,000
Charles Grau
Ponces Bakery INC
Warranty Deed
—
Nov 13, 2001
—
Ponce Bakery INC
Perone,peter A & Trina
Grant Deed
related
—
Oct 31, 2001
$16,000
Peter A Perone
Gibbons,john L
Grant 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.
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