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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Retail space
6604 Gulf To Lk Hwy Crystal River, FL 34429-7623
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3500951
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,812 SF
Lot
1.22 ac (53,274 SF)
Zoning code
GNC GEN COMMERCIAL
APN
17E-18S-36-0310-000I0-014.0
UPID
US18-3500951
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
-
Insane Vape & SmokeShop #8 (Bike/Boat/Book/etc) Store
-
Citrus Medical Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
$1.30M
Comparable Approach
Comparable
$904k
Blend (final)
Blend
$1.03M
Owner & transaction history
Finnell Properties LLC · 6 yrs held
Finnell Properties LLC
since 2020
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
GNC GEN COMMERCIAL · Crystal River, 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 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
$1,020,000
ML approach
$1,030,000
CAP Approach
CAP Return
Estimation
6%
$1,410,000
6.5%
$1,300,000
7%
$1,210,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,500,000
Current use
COMMERCIAL (GENERAL)
$1,475,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $1.10M (Jan 3 2020)
Last sale anchor
$1.10M
Jan 3 2020
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
$117 / 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
$10,069
Tax year 2023
Assessed value
$597,560
Assessed 2023
Previous assessed
$573,840
+4.1% YoY
Effective rate
1.69%
On assessed value
Assessed land
$119,850
Assessed improvement
$477,710
Land market value
$119,850
Improvement market value
$477,710
Total market value
$597,560
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
8
Total area
8,812 SF
Lot
1.22 ac (53,274 SF)
Zoning code
GNC GEN COMMERCIAL
APN
17E-18S-36-0310-000I0-014.0
UPID
US18-3500951
Jurisdiction
CITRUS
Zoning & alternative use
GNC GEN COMMERCIAL · Crystal River, FL
Zoning GNC GEN COMMERCIAL · permitted uses
GNC GEN 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
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
8
Lot
1.22 ac
Current owner
From public records · entity-resolved
Finnell Properties LLC
Entity
Mailing address
264 N TURKEY PNE LOOP, LECANTO, FL 34461-8431
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2023
—
Jerry Biak Hruai Tluang
—
Deed
related
$650,000 · Brannen Bank
Jan 3, 2020
$762,000
Finnell Properties LLC
Bella Vista Plaza INC
Warranty Deed
$560,000 · Capital City Bank
Oct 2, 2015
—
Bella Vista Plaza INC
Salimeni,joseph & Daisy
Quit Claim Deed
related
—
Jan 9, 2006
—
Joseph Salimeni
—
Trustees Deed
related
$925,000 · Capital City Bank
Jan 29, 2004
$110,000
Joseph Salimeni
Nichols,fred & Sue C
Grant Deed
$50,000 · Capital City Bank
—
—
Joseph Salimeni
—
Deed Of Trust
related
$978,242 · Capital City Bank
—
—
Joseph Salimeni
—
Deed Of Trust
related
$105,838 · Capital City Bank
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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