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Property profile & analytics
FOR SALE
Commercial land
3350 E Norvell Bryant Hwy, Hernando, FL 34442
Entity Owned
20-yr Hold
Free & Clear
Property ID
US19-0389846
For Sale
1 / 2
$2,300,000
3350 E Norvell Bryant Hwy, Hernando, FL 34442
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
24.12 ac (1,050,667 SF)
Zoning code
RVP RECREATIONAL VEHICLE
APN
19E-18S-26-42000
UPID
US19-0389846
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lecanto Ridge Investments LLC · 20 yrs held
Lecanto Ridge Investments LLC
since 2006
5 recorded transactions
Zoning & alternative use
RVP RECREATIONAL VEHICLE · Hernando, 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 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
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
$14,636
Tax year 2023
Assessed value
$1,224,460
Assessed 2023
Previous assessed
$1,224,460
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,224,460
Land market value
$1,224,460
Total market value
$1,224,460
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
24.12 ac (1,050,667 SF)
Zoning code
RVP RECREATIONAL VEHICLE
APN
19E-18S-26-42000
UPID
US19-0389846
Jurisdiction
CITRUS
Zoning & alternative use
RVP RECREATIONAL VEHICLE · Hernando, FL
Zoning RVP RECREATIONAL VEHICLE · permitted uses
RVP RECREATIONAL VEHICLE · Hernando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hernando. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
24.12 ac
Current owner
From public records · entity-resolved
Lecanto Ridge Investments LLC
Entity
Free & Clear · 20 yrs held
Mailing address
19 W FLAGLER ST STE #516, MIAMI, FL 33130-4403
Ownership since
2006
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 6, 2006
$1,100,000
Lecanto Ridge Investments LLC
Lazur,edward
Warranty Deed
—
Jun 6, 2006
—
Citrus Sunrise Properties LLC
Lecanto Ridge Investments LLC
Grant Deed
—
May 1, 2006
—
Citrus Sunrise Props LLC
Owner Name Unavailable
Grant Deed
related
—
Apr 22, 2004
$345,000
Edward Lazur
Hwang,charles
Grant Deed
$170,000 · Charles Hwang
Dec 5, 2003
—
Citrus County (fl)
Hwang,charles
Grant Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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