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Property profile & analytics
OFF-MARKET
Warehouses
5326 Florida Ave Inverness, FL 34450-8560
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-3038519
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1979
Construction
STEEL FRAME
Total area
6,546 SF
Lot
0.38 ac (16,510 SF)
Zoning code
IND INDUSTRIAL
APN
21E-20S-06-0060-000B0-068.0
UPID
US18-3038519
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
-
Tri-Co Communications Inc Mobile Phone Store Electronics & Wireless Store
-
Konchan Polishing Carpet & Flooring Store Hardware & Home Improvement
-
Wholesale Sign Builders USA (Bike/Boat/Book/etc) Store Printing Service
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
Grinder Rental Services INC · 5 yrs held
Grinder Rental Services INC
since 2020
Last sale
$222,000
4 recorded transactions
Zoning & alternative use
IND INDUSTRIAL · Inverness, FL
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 Inverness submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inverness 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
$3,509
Tax year 2023
Assessed value
$232,450
Assessed 2023
Previous assessed
$186,430
+24.7% YoY
Effective rate
1.51%
On assessed value
Assessed land
$28,010
Assessed improvement
$204,440
Land market value
$28,010
Improvement market value
$204,440
Total market value
$232,450
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1979
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
5
Total area
6,546 SF
Lot
0.38 ac (16,510 SF)
Zoning code
IND INDUSTRIAL
APN
21E-20S-06-0060-000B0-068.0
UPID
US18-3038519
Jurisdiction
CITRUS
Zoning & alternative use
IND INDUSTRIAL · Inverness, FLZoning IND INDUSTRIAL · permitted uses
IND INDUSTRIAL · Inverness, FL
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
1979
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
5
Lot
0.38 ac
Current owner
From public records · entity-resolved
Grinder Rental Services INC
Entity
Free & Clear · 5 yrs held
Mailing address
5326 S FLORIDA AVE, INVERNESS, FL 34450-8560
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2020
$222,000
Grinder Rental Services INC
William D Ryan
Warranty Deed
—
Jun 16, 2017
$240,000
William D Ryan
Webb,robert
Warranty Deed
$190,000 · Robert Webb
Oct 3, 2012
$77,400
Robert Webb
Whitehead Charles E
Grant Deed
—
Jun 1, 1981
$13,250
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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