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Property profile & analytics
OFF-MARKET
Retail space
4036 Shl Line Blvd Hernando Beach, FL 34607-3359
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US19-0805579
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1976
Construction
CONCRETE
Total area
2,960 SF
Lot
0.7 ac (30,480 SF)
APN
R12-223-16-2050-1000-0140
UPID
US19-0805579
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
4036 Shoal Line Blvd LLC · 1 yrs held
4036 Shoal Line Blvd LLC
since 2024
7 recorded transactions
Zoning & alternative use
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 Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hernando Beach 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 2022Property tax & assessments
Tax year 2022
Tax billed
$5,919
Tax year 2022
Assessed value
$379,856
Assessed 2023
Previous assessed
$379,856
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$225,021
Assessed improvement
$154,835
Land market value
$217,932
Improvement market value
$185,609
Total market value
$403,541
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
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1976
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Bathrooms
3
Total area
2,960 SF
Lot
0.7 ac (30,480 SF)
APN
R12-223-16-2050-1000-0140
UPID
US19-0805579
Jurisdiction
HERNANDO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1976
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
3
Lot
0.7 ac
Current owner
From public records · entity-resolved
4036 Shoal Line Blvd LLC
Entity
Free & Clear · 1 yrs held
Mailing address
10322 WOODLAND WATERS BLVD, WEEKI WACHEE, FL 34613-3928
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2024
—
4036 Shoal Line Blvd LLC
Yann Milcendeau
Warranty Deed
—
Sep 7, 2022
—
Yann Milcendeau
—
Deed
related
$710,000 · Newtek Small Business Finance LLC
Apr 1, 2019
—
Yann Milcendeau
—
Deed
related
$60,000 · Robert Avedisian
Jan 4, 2019
$412,500
Yann Milcendeau
Quinones,eduardo J & Theresa D
Warranty Deed
$362,500 · Eduardo J & Theresa D Quinones
Jul 22, 2005
$427,011
Eduardo J Quinonez
Spezza,david
Warranty Deed
—
Apr 12, 2005
$400,000
David Spezza
Balcerak,walter H & Linda M
Warranty Deed
—
Feb 18, 2005
$300,000
Walter H Balcerak
Smith,lois A
Warranty Deed
—
—
—
Yann Milcendeau
—
Deed Of Trust
related
$60,000 · Robert Avedisian
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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