Technical
Financial
Distress signals
Property profile

408 Lk St Inverness, FL 34450

OFF-MARKET
Investment properties
Property ID
US19-0268909
3,936 SF 0.8 ac lot Built 1938
Entity Owned 5-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1938
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,936 SF
Lot 0.8 ac (34,959 SF)
Zoning code LMD LOW MEDIUM DENS
APN 20E-19S-17-0020-00170-004.0
UPID US19-0268909

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

Location

408 Lk St Inverness, FL 34450-4116
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
$565k
Comparable Approach Comparable
$964k
Blend (final) Blend
$325k

Owner & transaction history

since 2021
7 recorded transactions
2023
Price N/A
2021
Price N/A
2006
$295,000
2005
$230,000
2001
$4,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LMD LOW MEDIUM DENS · Inverness, FL
Top alternative use upside
Medical building $830,000 +26.1%
Office building $665,000 +0.8%

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
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