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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Warehouses
7525 Florida Ave Dunnellon, FL 34434
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3428877
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1995
Construction
STEEL FRAME
Total area
7,950 SF
Lot
0.68 ac (29,768 SF)
Zoning code
PDR PLANNED DEVELOPMENT(S
APN
18E-17S-10-0150-11490-021.0
UPID
US18-3428877
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$970k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$715k
Owner & transaction history
Tr Wade Associates Corp · 3 yrs held
Tr Wade Associates Corp
since 2023
Last sale
$700,000
5 recorded transactions
Zoning & alternative use
PDR PLANNED DEVELOPMENT(S · Dunnellon, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+52.7%
Auto repair, garage
$990,000
+37.0%
Commercial (general)
$840,000
+15.8%
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 Dunnellon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dunnellon 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
$950,000
ML approach
$970,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$725,000
Current use
RETAIL STORES
$1,105,000
Change: +53% · Conversion: Moderate
AUTO REPAIR, GARAGE
$990,000
Change: +37% · Conversion: Easy
COMMERCIAL (GENERAL)
$840,000
Change: +16% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$760,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$715k
Range $644k – $787k · ±10% · vs last sale $700k (May 16 2023)
Last sale anchor
$700k
May 16 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
$90 / 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
$3,853
Tax year 2023
Assessed value
$251,900
Assessed 2023
Previous assessed
$205,130
+22.8% YoY
Effective rate
1.53%
On assessed value
Assessed land
$22,930
Assessed improvement
$228,970
Land market value
$22,930
Improvement market value
$228,970
Total market value
$251,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1995
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
1
Total area
7,950 SF
Lot
0.68 ac (29,768 SF)
Zoning code
PDR PLANNED DEVELOPMENT(S
APN
18E-17S-10-0150-11490-021.0
UPID
US18-3428877
Jurisdiction
CITRUS
Zoning & alternative use
PDR PLANNED DEVELOPMENT(S · Dunnellon, FL
Zoning PDR PLANNED DEVELOPMENT(S · permitted uses
PDR PLANNED DEVELOPMENT(S · Dunnellon, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dunnellon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$725,000
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$990,000
COMMERCIAL (GENERAL)
Est. value
$840,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$760,000
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1995
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Tr Wade Associates Corp
Entity
Mailing address
7503 N FLORIDA AVE, CITRUS SPRINGS, FL 34434-6218
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2023
$700,000
Tr Wade Associates Corp
Convertible Top Specialists INC
Warranty Deed
$1,560,000 · Customers Bank
Dec 30, 2013
$450,000
Top Specialists In Convertible
Us Acquisition Prop Xvii LLC
Grant Deed
$360,000 · Nature Coast Bank
Dec 4, 2013
—
Us Acquisition Prop Xvii LLC
Ensing,martha S Coc
Trustees Deed
related
—
Nov 14, 2013
—
Us Acquisition Prop Xvii LLC
Clerk Of Court Of Citrus County
Trustees Deed
related
—
—
—
Ensing INC
—
Deed Of Trust
related
$171,800 · Suntrust Bank NA
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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