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Property profile & analytics
OFF-MARKET
Estimated value
$8,665,000
Auto shops
937 Suncoast Blvd Homosassa, FL 34448-1459
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-0031851
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2008
Construction
STEEL FRAME
Total area
30,360 SF
Lot
5.96 ac (259,618 SF)
Zoning code
GNC GEN COMMERCIAL
APN
17E-19S-03-32310
UPID
US18-0031851
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
-
Maus Nissan of Crystal River Service Auto Repair Shop
-
Jenkins Nissan of Homosassa Service Department Auto Repair Shop Vehicle Inspection Center
-
Jenkins Nissan of Homosassa Auto Repair Shop
-
Nissan Charging Station Electric Vehicle Charging Station
-
Jenkins Nissan of Homosassa Parts Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.67M
Owner & transaction history
Drj Land Company LLC · 3 yrs held
Drj Land Company LLC
since 2023
Last sale
$10.5M
4 recorded transactions
Zoning & alternative use
GNC GEN COMMERCIAL · Homosassa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.6M
+128.3%
Medical building
$6.4M
+69.3%
Office building
$6.3M
+65.3%
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
$8,995,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$8,640,000
Change: +128% · Conversion: Difficult
MEDICAL BUILDING
$6,410,000
Change: +69% · Conversion: Difficult
OFFICE BUILDING
$6,255,000
Change: +65% · Conversion: Difficult
Blend value · Realmo final
$8.67M
Range $7.80M – $9.53M · ±10% · vs last sale $10.45M (Mar 15 2023)
Last sale anchor
$10.45M
Mar 15 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
$285 / 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
$51,149
Tax year 2023
Assessed value
$3,274,840
Assessed 2023
Previous assessed
$2,729,640
+20.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$466,260
Assessed improvement
$2,808,580
Land market value
$466,260
Improvement market value
$2,808,580
Total market value
$3,274,840
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
8
Total area
30,360 SF
Lot
5.96 ac (259,618 SF)
Zoning code
GNC GEN COMMERCIAL
APN
17E-19S-03-32310
UPID
US18-0031851
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
RESTAURANT
Est. value
$8.6M
MEDICAL BUILDING
Est. value
$6.4M
OFFICE BUILDING
Est. value
$6.3M
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
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
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
8
Lot
5.96 ac
Current owner
From public records · entity-resolved
Drj Land Company LLC
Entity
Mailing address
2025 SW COLLEGE RD, OCALA, FL 34471-1663
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2023
$10,450,000
Drj Land Company LLC
Maus Nissan Of Crystal River LLC
Warranty Deed
$8,830,000 · Bank Of America NA
Aug 31, 2018
—
Maus Nissan Of Crystal Riv LLC
—
Loan Modification
related
$5,700,000 · Suntrust Bk
Jul 30, 2018
$5,700,000
Maus Nissan Of Crystal Riv LLC
Kingsbay Holdings Ltd
Grant Deed
$3,700,000 · 937 South Suncoast LLC
Jan 13, 2015
—
Kingsbay Holdings Ltd
—
Grant Deed
related
$3,400,000 · Wells Fargo Bk
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.
Try Rey
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