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Property profile & analytics
OFF-MARKET
Estimated value
$3,240,000
Specialty properties
5662 Oakridge Dr 3 Homosassa, FL 34448-6906
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5732651
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1974
Construction
CONCRETE BLOCKS
Total area
936 SF
Lot
17.88 ac (778,896 SF)
Zoning code
CLRMH COASTAL LAKES & RVR
APN
17E-19S-35-0030-007.0
UPID
US18-5732651
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
-
Huff's Landing Pet Store
-
Evanridge Mobile Home Community Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.24M
Owner & transaction history
Evanridge Mhc LLC · 3 yrs held
Evanridge Mhc LLC
since 2023
Last sale
$3.1M
2 recorded transactions
Zoning & alternative use
CLRMH COASTAL LAKES & RVR · Homosassa, 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 Homosassa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Homosassa 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
$4,190,000
ML approach
$3,530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.24M
Range $2.92M – $3.56M · ±10% · vs last sale $3.10M (May 1 2023)
Last sale anchor
$3.10M
May 1 2023
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
$3,462 / 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
$26,385
Tax year 2023
Assessed value
$1,172,380
Assessed 2023
Previous assessed
$1,025,080
+14.4% YoY
Effective rate
2.25%
On assessed value
Assessed land
$814,720
Assessed improvement
$357,660
Land market value
$814,720
Improvement market value
$357,660
Total market value
$1,172,380
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1974
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Bathrooms
7
Total area
936 SF
Lot
17.88 ac (778,896 SF)
Zoning code
CLRMH COASTAL LAKES & RVR
APN
17E-19S-35-0030-007.0
UPID
US18-5732651
Jurisdiction
CITRUS
Zoning & alternative use
CLRMH COASTAL LAKES & RVR · Homosassa, FL
Zoning CLRMH COASTAL LAKES & RVR · permitted uses
CLRMH COASTAL LAKES & RVR · Homosassa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Homosassa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
7
Lot
17.88 ac
Current owner
From public records · entity-resolved
Evanridge Mhc LLC
Entity
Mailing address
135 W CENTRAL BLVD STE #730, ORLANDO, FL 32801-2476
Ownership since
2023
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
May 1, 2023
$3,095,000
Evanridge Mhc LLC
Jerry T Ratledge
Warranty Deed
$3,200,000 · Jerry T Ratledge
May 1, 2023
—
Evanridge Mhc LLC
—
Deed
related
$3,200,000 · Jerry T Ratledge
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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