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Property profile & analytics
OFF-MARKET
Estimated value
$245,000
Industrial land
824 Overdrive Cir Hernando, FL 34442-9622
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5470818
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
4.84 ac (210,830 SF)
Zoning code
IND INDUSTRIAL
APN
19E-17S-31-0010-013.0
UPID
US18-5470818
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
$245k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$245k
Owner & transaction history
Alfred H Allen JR · 7 yrs held
Alfred H Allen JR
since 2019
6 recorded transactions
Zoning & alternative use
IND INDUSTRIAL · Hernando, 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 Hernando submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hernando 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
$245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$245k
Range $221k – $270k · ±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
—
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
$1,590
Tax year 2023
Assessed value
$105,940
Assessed 2023
Previous assessed
$105,940
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$105,940
Land market value
$105,940
Total market value
$105,940
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
4.84 ac (210,830 SF)
Zoning code
IND INDUSTRIAL
APN
19E-17S-31-0010-013.0
UPID
US18-5470818
Jurisdiction
CITRUS
Zoning & alternative use
IND INDUSTRIAL · Hernando, FLZoning IND INDUSTRIAL · permitted uses
IND INDUSTRIAL · Hernando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
4.84 ac
Current owner
From public records · entity-resolved
Alfred H Allen JR
Individual
Mailing address
6297 W GLORY HL ST, BEVERLY HILLS, FL 34465-2769
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2019
$60,000
Alfred H Allen JR
Lourenco M Raposo
Warranty Deed
$45,000 · Capital City Bank
Feb 20, 2015
$22,000
Lourenco M Raposo
Citizens First Bk
Grant Deed
—
Apr 24, 2012
—
Citizens First Bk
Steven Counts INC Coc
Trustees Deed
related
—
Apr 13, 2012
—
Citizens First Bk
Clerk Of Circuit Court/citrus Cnt
Trustees Deed
related
—
Jan 18, 2008
$300,000
Steven Counts INC
William Stuart Neely JR
Warranty Deed
$240,000 · Citizens 1st Bank
Jan 18, 2006
$250,000
William S Neely JR.
Wasik,marvin B
Warranty Deed
—
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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