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    Property profile & analytics

    408 Us Hwy 41 Inverness, FL 34450-4937

    • Banks
    • 6,654 SF
    • 1.40 lot acres
    OFF-MARKET
    Value Estimation
    $2,160,000
    Last Sale
    Feb 14, 2025
    $2,240,000
    Location Intelligence
    Property ID
    US18-4469960
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • SunTrust Mortgage / Bank / Atm
    • Truist - ATM / Atm
    • Truist / Bank / Atm
    • ATM (Suntrust Bank) / Atm
    • Western Union / Money Transfer Service

    Property Details for 408 Us Hwy 41

    Year built
    1992
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.40 lot acres
    Property size
    6,654 SF
    Zone code
    C COMMERCIAL
    Property type
    Banks
    APN
    20E-19S-17-0050-00560-003.0
    APU
    20E19S170050005600030

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,240,000
      6.5%
      $2,350,000
      7%
      $2,210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,030,000
      Geo Method
      $2,045,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,140,000
      Retail
      $2,570,000
      Mixed-Use
      $2,545,000
      Hospitality
      $2,375,000
      Educational
      $2,195,000
      Residential Income
      $2,440,000
      Energy
      $1,985,000
      Income-Based Land
      $2,070,000
      Food Service
      $1,940,000

    Location Insight

    • Map
    • Local Demand
    City
    Inverness
    County
    Citrus
    State
    Florida
    Longitude
    -82.3234
    Latitude
    28.83
    CBSA code
    26140
    CBSA name
    HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,344
    $402,280
    $786,723
    $1,189,003
    -
    $402,280
    $786,723
    $1,189,003

    Comparable in this City

    • Value Estimation by Request
      4,400 SF

      301 Us Hwy 41

      FINANCIAL BUILDING • 4,400 SF
      301 Us Hwy 41, Inverness, FL 34450-4955
      View Details
    • Value Estimation
      $575,000
      3,514 SF

      1500 Hwy 41st N

      FINANCIAL BUILDING • 3,514 SF
      1500 Hwy 41st N, Inverness, FL 34450-2407
      View Details
    • Value Estimation
      $2,790,000
      3,756 SF

      809 Main St

      FINANCIAL BUILDING • 3,756 SF
      809 Main St, Inverness, FL 34450-4621
      View Details
    • Value Estimation by Request
      0.57 Acres

      25 Davidson Ave

      Restaurants • 0.57 Acres
      25 Davidson Ave, Inverness, FL 34450
      View Details
    • Value Estimation by Request
      6,500 SF

      412 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,500 SF
      412 Main St, Inverness, FL 34450-4746
      View Details
    • Value Estimation by Request
      3,454 SF

      1500 Us-41

      Individual retail properties • 3,454 SF
      1500 Us-41, Inverness, FL 34450
      View Details

    Similar Nearby for Sale

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      Highly visible corner lot with excellent frontage and strong exposure.
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      Renovated commercial property with lake access on high-traffic corridor.
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      Fully occupied commercial building with stable cash flow in Inverness, FL.
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      New 7-Eleven NNN Lease

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    Similar Nearby for Lease

    • $8,250 /Mo
      13,068 SF

      Remodeled Retail Space in Inverness

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      View Details
    • $13,500 /Mo
      134,600 SF

      Inverness Commercial Property for Rent

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      315 S Us Highway 41, Inverness, FL 34450
      View Details
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      Charming furnished office suite in historic downtown Inverness.
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      View Details
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    408 Us Hwy 41
    Inverness, FL 34450-4937
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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