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Property profile & analytics
FOR SALE
Retail space
6991 W Cardinal St Homosassa, FL 34446
Individually Owned
~
Est. High Equity
Property ID
US18-8946576
For Sale
1 / 40
$975,000
6991 W Cardinal St, Homosassa, FL 34446
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Property summary
AI-generated overview
This exceptional 4,639 square foot retail property is situated on over 1 acre of land at the corner of W Cardinal Street and S Lewdingar Dr in Homosassa, Florida. Its prime location directly across from a Walmart ensures high visibility and benefits from a daily traffic count of 28,000 vehicles. The property enjoys convenient access to US 19 and the Suncoast Parkway (3.4 miles away), making it an ideal location for a variety of businesses. The well-maintained building features a durable metal roof, a fully equipped kitchen, and four bathrooms, including two commercial-grade restrooms. Currently occupied by tenants, this versatile space is suitable for use as an office, retail outlet, showroom, gallery, or investment property. The property's location within an Interchange Management Area (IMA) further enhances its desirability. This is a rare opportunity to acquire a high-traffic, well-maintained commercial property in a thriving area. The asking price is $999,950. Please note that the current tenants should not be disturbed.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1971
Construction
WOOD FRAME
Total area
4,639 SF
Lot
1.05 ac (45,651 SF)
Zoning code
GNC GEN COMMERCIAL
APN
18E-20S-06-0020-003.0
UPID
US18-8946576
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
-
Rich Bedding Furniture Outlet Furniture & Home Goods Home Decor Store
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
Thomas P Burgard
Thomas P Burgard
since 2025
7 recorded transactions
Zoning & alternative use
GNC GEN COMMERCIAL · 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)
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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
$5,903
Tax year 2023
Assessed value
$357,110
Assessed 2023
Previous assessed
$348,650
+2.4% YoY
Effective rate
1.65%
On assessed value
Assessed land
$118,250
Assessed improvement
$238,860
Land market value
$118,250
Improvement market value
$238,860
Total market value
$357,110
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
For Sale
Year built
1971
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Bathrooms
4
Total area
4,639 SF
Lot
1.05 ac (45,651 SF)
Zoning code
GNC GEN COMMERCIAL
APN
18E-20S-06-0020-003.0
UPID
US18-8946576
Jurisdiction
CITRUS
Zoning & alternative use
GNC GEN COMMERCIAL · Homosassa, FL
Zoning GNC GEN COMMERCIAL · permitted uses
GNC GEN COMMERCIAL · 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
1971
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
4
Lot
1.05 ac
Current owner
From public records · entity-resolved
Thomas P Burgard
Individual
Mailing address
6991 W CARDINAL ST, HOMOSASSA, FL 34446-3055
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Dec 31, 2025
$265,000
Thomas P Burgard
Kenneth Brown Bonnett
Warranty Deed
$212,000 · Everett Financial INC
Jul 11, 2008
$316,000
Robert Vigliotti
Desimone,robert & Mary A
Warranty Deed
$200,000 · Robert & Mary A Desimone
Aug 29, 1997
$64,500
Diana Corll
Carson,richard A
Grant Deed
$40,000 · Homosassa Springs Bank
—
—
Robert Vigliotti
—
Deed Of Trust
related
$125,000 · Robert D & Mary Ann Desimone
—
—
Robert Desimone
—
Deed Of Trust
related
$152,000 · Southtrust Bank NA
—
—
Robert Vigliotti
—
Deed Of Trust
related
$221,042 · Robert & Mary A Desimone
—
—
Robert Vigliotti
—
Deed Of Trust
related
$197,967 · Robert & Mary A Desimone
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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