Individually Owned Property summary
AI-generated overview
The property consists of approximately 800 square feet of retail space located on State Road 44 in Inverness, Florida, just outside the city limits. It is situated on a 1.23-acre lot.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1973
Construction
STEEL FRAME
Total area
6,400 SF
Lot
1.23 ac (53,579 SF)
Zoning code
GNC GEN COMMERCIAL
APN
19E-19S-11-0030-00200-00A.0
UPID
US18-2673937
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Computer & Electronic Repair Tech Support Center
-
Adult Dvd Store Lingerie Store
-
Electrical Service General Contractor
-
Computer & Electronic Repair Tech Support Center
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$820k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$845k
Blend (final)
Blend
$870k
Owner & transaction history
since 2022
Last sale
$1.0M
4 recorded transactions
Zoning & alternative use
GNC GEN COMMERCIAL · Inverness, FL
Top alternative use upside
Medical building
$1.4M
+120.5%
Office building
$1.1M
+86.9%
Commercial (general)
$1.1M
+74.8%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
7 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$870k
Value range
$783k – $957k
±10% around blend
Estimated value / SF
$136 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
30
$783k
blend $870k
$957k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,400 SF
Lot area
1.23 ac
Year built
1973
Stories
1
APN
19E-19S-11-0030-00200-00A.0
Zoning
GNC GEN COMMERCIAL
Assessed value
$624,220
Annual tax
$10,435
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.27M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.6 mi away · 6,000 SF
21.1 mi away · 6,901 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$870k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 26 sales
$96
+42%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $136/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+121%
vs current-use indication
Office Building
Commercial (general)
Retail Stores
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1,000k
Move the market yield to see immediate price impact.
Value / SF
$156
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$63k
$1.26M
$900k
$700k
$70k
$1.40M
$1,000k
$778k
$77k
$1.54M
$1.10M
$856k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$2.50M
2.7 mi · Sep 2025 · $329/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,435
Tax year 2023
Assessed value
$624,220
Assessed 2023
Previous assessed
$588,580
+6.1% YoY
Effective rate
1.67%
On assessed value
Assessed land
$286,050
Assessed improvement
$338,170
Land market value
$286,050
Improvement market value
$338,170
Total market value
$624,220
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1973
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Bathrooms
10
Total area
6,400 SF
Lot
1.23 ac (53,579 SF)
Zoning code
GNC GEN COMMERCIAL
APN
19E-19S-11-0030-00200-00A.0
UPID
US18-2673937
Jurisdiction
CITRUS
Zoning & alternative use
GNC GEN COMMERCIAL · Inverness, FLZoning GNC GEN COMMERCIAL · permitted uses
GNC GEN COMMERCIAL · Inverness, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
10
Lot
1.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
GNC GEN COMMERCIAL
Jurisdiction
Inverness, FL
Recorded code
GNC GEN COMMERCIAL
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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