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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Warehouses
7208 Grover Cleveland Blvd Homosassa, FL 34446-1304
Entity Owned
27-yr Hold
~
Est. High Equity
Property ID
US18-1787525
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1999
Construction
STEEL FRAME
Total area
6,660 SF
Lot
1.69 ac (73,660 SF)
Zoning code
GNC GEN COMMERCIAL
APN
17E-19S-36-026C-00130-007.0
UPID
US18-1787525
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
-
Pack N Stack Mini Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$491k
Blend (final)
Blend
$515k
Owner & transaction history
Pack N Stack INC · 27 yrs held
Pack N Stack INC
since 1998
2 recorded transactions
Zoning & alternative use
GNC GEN COMMERCIAL · Homosassa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$830,000
+37.0%
Neighborhood: shopping center
$640,000
+5.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$605,000
Current use
AUTO REPAIR, GARAGE
$830,000
Change: +37% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$640,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$77 / 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
$8,830
Tax year 2023
Assessed value
$581,260
Assessed 2023
Previous assessed
$518,100
+12.2% YoY
Effective rate
1.52%
On assessed value
Assessed land
$108,940
Assessed improvement
$472,320
Land market value
$108,940
Improvement market value
$472,320
Total market value
$581,260
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
NONE
Buildings
3
Stories
1
Total area
6,660 SF
Lot
1.69 ac (73,660 SF)
Zoning code
GNC GEN COMMERCIAL
APN
17E-19S-36-026C-00130-007.0
UPID
US18-1787525
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$830,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$640,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1999
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
3
Lot
1.69 ac
Current owner
From public records · entity-resolved
Pack N Stack INC
Entity
Mailing address
7208 W GROVER CLEVELAND BLVD, HOMOSASSA, FL 34446-1304
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1998
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 21, 1998
$142,400
Pack N Stack INC
Young,cheryl W
Grant Deed
$142,400 · Amsouth Bank Florida
—
—
Mcnatt Family INC
—
Deed Of Trust
related
$233,000 · Admiralty 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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