Property profile

62 Hwy 40th W Inglis, FL 34449

OFF-MARKET
Office buildings
Property ID
US18-4164930
3,696 SF 0.33 ac lot Built 1970
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a commercial building totaling more than 8,000 square feet, located in Inglis, Florida just off U.S. 19. It has approximately 180 feet of frontage on Highway 40 and is situated on a 0.33-acre lot with city utilities and ample on-site parking. The interior layout provides expansive open floor area with high ceilings and up to four possible entry points, supporting multiple potential business uses such as retail, medical, or office, including the option for multiple businesses. The building includes a security alarm system with cameras, a fenced-in backyard, a DELL server, and built-in desks and furniture. The property is zoned RMU and is located near the Gulf and major highways, with planned regional access via the Suncoast Parkway.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,696 SF
Lot 0.33 ac (14,375 SF)
APN 836700000
UPID US18-4164930

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

62 Hwy 40th W Inglis, FL 34449-9614
Inglis metro Census 970700 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$630k
Blend (final) Blend
$630k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $570,000 +19.2%
Retail stores $535,000 +12.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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