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Property profile & analytics
OFF-MARKET
Estimated value
$3,030,000
Drug stores
9425 Suncoast Blvd Homosassa, FL 34446-5033
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-2674561
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,568 SF
Lot
1.81 ac (78,626 SF)
Zoning code
GNC GEN COMMERCIAL
APN
17E-20S-24-0020-001.0
UPID
US18-2674561
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
by Request
CAP Approach
CAP
$2.45M
Comparable Approach
Comparable
$3.86M
Blend (final)
Blend
$3.03M
Owner & transaction history
Ot Wa Owner LLC · 3 yrs held
Ot Wa Owner LLC
since 2022
5 recorded transactions
Zoning & alternative use
GNC GEN COMMERCIAL · Homosassa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.7M
+104.9%
Medical building
$3.5M
+52.0%
Office building
$3.4M
+48.4%
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%
$2,655,000
6.5%
$2,450,000
7%
$2,275,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,300,000
Current use
RESTAURANT
$4,715,000
Change: +105% · Conversion: Easy
MEDICAL BUILDING
$3,500,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$3,415,000
Change: +48% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,775,000
Change: +21% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,065,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$3.03M
Range $2.73M – $3.33M · ±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
$183 / 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
$52,813
Tax year 2023
Assessed value
$3,383,830
Assessed 2023
Previous assessed
$3,252,790
+4.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$949,230
Assessed improvement
$2,434,600
Land market value
$949,230
Improvement market value
$2,434,600
Total market value
$3,383,830
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
3
Total area
16,568 SF
Lot
1.81 ac (78,626 SF)
Zoning code
GNC GEN COMMERCIAL
APN
17E-20S-24-0020-001.0
UPID
US18-2674561
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
RETAIL STORES Current
Est. value
$2.3M
RESTAURANT
Est. value
$4.7M
MEDICAL BUILDING
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
1.81 ac
Current owner
From public records · entity-resolved
Ot Wa Owner LLC
Entity
Free & Clear · 3 yrs held
Mailing address
30 N LA SALLE ST STE #4140, CHICAGO, IL 60602-2900
Ownership since
2022
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
Nov 1, 2022
—
Ot Wa Owner LLC
Wba Porfolio Owner Fund V Galaxy Ll
Warranty Deed
—
Jan 28, 2021
$3,537,900
Wba Portfolio Owner Fund V Gal
Walgreen Co
Grant Deed
—
May 3, 2010
$6,700,000
Shoppes Of Sugarmill Woods LP
Crm Fl Properties LLC
Grant Deed
$6,750,000 · Protective Life Insurance Co
Oct 1, 2007
$4,094,700
Walgreen Co
Win-19 Ltd
Warranty Deed
—
Sep 19, 2005
$1,500,000
Win-19 Ltd
Win-98 Ltd
Quit Claim Deed
related
$3,670,000 · 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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