Technical
Financial
Distress signals
Property profile

407 Courthouse Sq Inverness, FL 34450

OFF-MARKET
Office buildings
Property ID
US19-0381273
3,077 SF 0.09 ac lot Built 1953
Entity Owned 20-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1953
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,077 SF
Lot 0.09 ac (4,119 SF)
Zoning code CBD CENTRAL BUSINESS DIST
APN 20E-19S-17-0050-01010-023.0
UPID US19-0381273

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
  • Law Firm
  • Law Firm
  • Law Firm

Location

407 Courthouse Sq Inverness, FL 34450-4844
Inverness metro Census 450902 HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$530k
Comparable Approach Comparable
$558k
Blend (final) Blend
$295k

Owner & transaction history

since 2005
3 recorded transactions
2021
Price N/A
2005
Price N/A
1969
Price N/A

Zoning & alternative use

CBD CENTRAL BUSINESS DIST · Inverness, FL
Top alternative use upside
Medical building $650,000 +25.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
You own 407 Courthouse Sq?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message