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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Retail space
560 Citrus Ave Crystal River, FL 34428-4017
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3409771
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,824 SF
Lot
0.17 ac (7,485 SF)
Zoning code
CG GENERAL COMMERCIAL
APN
17E-18S-21-0060-069.0
UPID
US18-3409771
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
-
Fishhook Outfitters Inc. Clothing Store
-
The River City Social Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$571k
Blend (final)
Blend
$610k
Owner & transaction history
Main Street Gym LLC · 1 yrs held
Main Street Gym LLC
since 2024
2 recorded transactions
Zoning & alternative use
CG GENERAL COMMERCIAL · Crystal River, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$805,000
+12.3%
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 Crystal River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crystal River 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%
$770,000
6.5%
$715,000
7%
$660,000
Alternative Use
Use
Estimation
RETAIL STORES
$720,000
Current use
COMMERCIAL (GENERAL)
$805,000
Change: +12% · Conversion: Easy
OFFICE BUILDING
$655,000
Change: -9% · Conversion: Easy
AUTO REPAIR, GARAGE
$600,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$126 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$8,227
Tax year 2023
Assessed value
$392,000
Assessed 2023
Previous assessed
$392,000
+0.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$45,280
Assessed improvement
$346,720
Land market value
$45,280
Improvement market value
$346,720
Total market value
$392,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
5
Total area
4,824 SF
Lot
0.17 ac (7,485 SF)
Zoning code
CG GENERAL COMMERCIAL
APN
17E-18S-21-0060-069.0
UPID
US18-3409771
Jurisdiction
CITRUS
Zoning & alternative use
CG GENERAL COMMERCIAL · Crystal River, FL
Zoning CG GENERAL COMMERCIAL · permitted uses
CG GENERAL COMMERCIAL · Crystal River, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Crystal River. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$720,000
COMMERCIAL (GENERAL)
Est. value
$805,000
OFFICE BUILDING
Est. value
$655,000
AUTO REPAIR, GARAGE
Est. value
$600,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
5
Lot
0.17 ac
Current owner
From public records · entity-resolved
Main Street Gym LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1380 NW 3RD ST, CRYSTAL RIVER, FL 34428-3802
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2024
—
Main Street Gym LLC
Paula M Wheeler
Warranty Deed
—
Jul 15, 2005
$330,000
Richard S Wheeler
Msg INC
Warranty 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.
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