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Property profile & analytics
OFF-MARKET
Investment properties
425 Hwy 40th W Inglis, FL 34449-9300
Individually Owned
9-yr Hold
Free & Clear
Property ID
US18-2010775
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,106 SF
Lot
1.25 ac (54,450 SF)
APN
1247500000
UPID
US18-2010775
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
Current use
Occupant on record · Public records
-
Washlacoochee Car Wash Car Wash
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
Stephen Avis · 9 yrs held
Stephen Avis
since 2017
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 Inglis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inglis 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,181
Tax year 2023
Assessed value
$107,495
Assessed 2023
Previous assessed
$106,457
+1.0% YoY
Effective rate
2.03%
On assessed value
Land market value
$21,450
Improvement market value
$96,998
Total market value
$118,448
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
2
Units
1
Bathrooms
1
Total area
2,106 SF
Lot
1.25 ac (54,450 SF)
APN
1247500000
UPID
US18-2010775
Jurisdiction
LEVY
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
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
2
Units
1
Bathrooms
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
Stephen Avis
Individual
Free & Clear · 9 yrs held
Mailing address
425 HWY 40TH W, INGLIS, FL 34449-9300
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2017
—
Stephen Avis
Hayden,melissa
Quit Claim Deed
related
—
Mar 6, 2017
$110,000
Stephen Avis
Morris,roger
Warranty Deed
$29,334 · Roger Morris
Dec 13, 2011
$112,000
Roger Morris
Car Wash One INC
Warranty Deed
—
Jul 25, 2007
$226,400
Car Wash One INC
Gordon,frank & Josephine
Deed In Lieu Of Foreclosure
related
—
Apr 18, 2006
$250,000
Frank Gordon
Car Wash One INC
Warranty Deed
$225,000 · Car Wash One INC
Aug 15, 2005
$165,000
Car Wash One INC
Myrick,roger D & Kimberly
Warranty Deed
—
Jun 7, 2005
$165,000
Roger D Myrick
Herring,ann D
Quit Claim Deed
related
—
Nov 17, 2004
$165,000
Patrick A Herring
Tourigny,robert E & Diane L
Warranty Deed
$87,150 · Robert E & Diane L Tourigny
Jan 8, 2004
$66,000
Robert E Tourigny
Vaudreuil,david N & Susan H
Grant Deed
—
Dec 31, 2003
$110,000
David N Vaudreuil
A & N Corp
Grant Deed
—
Dec 31, 2003
$44,000
Robert E Tourigny
Vaudreuil,david N & Susan H
Grant Deed
—
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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