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Property profile & analytics
OFF-MARKET
Estimated value
$270,000
Office buildings
9034 Veterans Dr Homosassa, FL 34448-1488
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-4304082
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
STEEL FRAME
Total area
5,200 SF
Lot
1.94 ac (84,332 SF)
Zoning code
IND INDUSTRIAL
APN
17E-19S-09-10000-001.0
UPID
US18-4304082
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
-
Suncoast Mini Storage Inc Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$900k
Comparable Approach
Comparable
$728k
Blend (final)
Blend
$270k
Owner & transaction history
Suncoast Mini Storage INC · 7 yrs held
Suncoast Mini Storage INC
since 2019
7 recorded transactions
Zoning & alternative use
IND INDUSTRIAL · Homosassa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+2.5%
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%
$975,000
6.5%
$900,000
7%
$835,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,070,000
Current use
MEDICAL BUILDING
$1,100,000
Change: +2% · Conversion: Easy
COMMERCIAL (GENERAL)
$870,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$270k
Range $243k – $297k · ±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
$52 / 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
$8,212
Tax year 2023
Assessed value
$506,980
Assessed 2023
Previous assessed
$450,960
+12.4% YoY
Effective rate
1.62%
On assessed value
Assessed land
$116,400
Assessed improvement
$390,580
Land market value
$116,400
Improvement market value
$390,580
Total market value
$506,980
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
NONE
Buildings
3
Stories
1
Bathrooms
4
Total area
5,200 SF
Lot
1.94 ac (84,332 SF)
Zoning code
IND INDUSTRIAL
APN
17E-19S-09-10000-001.0
UPID
US18-4304082
Jurisdiction
CITRUS
Zoning & alternative use
IND INDUSTRIAL · Homosassa, FLZoning IND INDUSTRIAL · permitted uses
IND INDUSTRIAL · Homosassa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$870,000
OFFICE BUILDING Current
MEDICAL BUILDING
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
2002
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
3
Bathrooms
4
Lot
1.94 ac
Current owner
From public records · entity-resolved
Suncoast Mini Storage INC
Entity
Mailing address
7159 W GROVER CLEVELAND BLVD, HOMOSASSA, FL 34446-1310
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
—
Suncoast Mini Storage INC
—
Deed
related
$350,000 · Charles M JR Bowers
Feb 18, 2020
—
Suncoast Mini Storage INC
—
Deed
related
$200,000 · Charles M JR Bowers
Jun 19, 2019
$175,000
Suncoast Mini Storage INC
Suncoast Storage & Rentals LLC
Grant Deed
$200,000 · Charles M JR Bowers
Oct 22, 2013
—
Veterans Drive LLC
Lee,beverly G
Warranty Deed
—
Jun 17, 2005
—
Suncoast Storage & Rentals LLC
Riddle L R & E A Trust
Grant Deed
—
—
—
Suncoast Mini Storage INC
—
Loan Modification
related
$200,000 · Charles M JR Bowers
—
—
Riddle Lindell R & E A Trust
—
Deed Of Trust
related
$235,000 · Mercantile Bank
—
—
Suncoast Mini Storage INC
—
Loan Modification
related
$350,000 · Charles M JR Bowers
—
—
Lindell R Riddle
—
Deed Of Trust
related
$75,000 · Suntrust Bank Nature Coast
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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