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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Warehouses
4200 Shl Line Blvd Hernando Beach, FL 34607-3200
Individually Owned
10-yr Hold
Free & Clear
Property ID
US18-0482281
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Construction
METAL FRAME
Total area
4,000 SF
Lot
2.48 ac (108,030 SF)
APN
R13-423-16-0000-0010-0020
UPID
US18-0482281
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
$650k
Comparable Approach
Comparable
$586k
Blend (final)
Blend
$545k
Owner & transaction history
Kathryn Birren · 10 yrs held
Kathryn Birren
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$760,000
+134.1%
Retail stores
$610,000
+88.2%
Medical building
$540,000
+67.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$650,000
7%
$605,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$760,000
Change: +134% · Conversion: Easy
RETAIL STORES
$610,000
Change: +88% · Conversion: Moderate
MEDICAL BUILDING
$540,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$520,000
Change: +60% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$136 / SF
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
$13,807
Tax year 2022
Assessed value
$863,037
Assessed 2023
Previous assessed
$846,689
+1.9% YoY
Effective rate
1.60%
On assessed value
Assessed land
$642,772
Assessed improvement
$220,265
Land market value
$702,375
Improvement market value
$271,018
Total market value
$973,393
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Construction
METAL FRAME
Heating
NONE
Stories
1
Rooms
1
Bathrooms
2
Total area
4,000 SF
Lot
2.48 ac (108,030 SF)
APN
R13-423-16-0000-0010-0020
UPID
US18-0482281
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$760,000
RETAIL STORES
Est. value
$610,000
MEDICAL BUILDING
Est. value
$540,000
OFFICE BUILDING
Est. value
$520,000
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Construction
METAL FRAME
Heating
NONE
Stories
1
Rooms
1
Bathrooms
2
Lot
2.48 ac
Current owner
From public records · entity-resolved
Kathryn Birren
Individual
Free & Clear · 10 yrs held
Mailing address
PO BOX 3630, SPRING HILL, FL 34611-3630
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2020
—
Hernando Beach Seafood INC
—
Deed
related
$750,000 · Capital City Bank
Jun 20, 2017
—
Hernando Beach Seafood INC
—
Deed
related
$500,000 · Marvin Barrett
May 25, 2016
—
Kathryn Birren
Birren,kathryn & Ronald
Quit Claim Deed
related
—
May 10, 2013
$1,000,000
Nature Coast Marina INC
Gulfstar Marine INC
Grant Deed
—
Feb 27, 2006
$521,700
Gulfstar Marine INC
Surovy Edward E
Grant Deed
—
—
—
Nature Coast Marina INC
—
Deed Of Trust
related
$220,000 · Va Dev INC
—
—
Hernando Beach Seafood INC
—
Loan Modification
related
$500,000 · Marvin Barrett
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.
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