Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,810,000
Warehouses
103 Mussett Byu Rd Santa Rosa Beach, FL 32459-3448
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6086607
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Total area
62,440 SF
Lot
5.73 ac (249,599 SF)
APN
28-2S-20-33430-000-0030
UPID
US18-6086607
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
-
Ready Restoration Hardware & Home Improvement Construction Company
-
Southern Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.16M
CAP Approach
CAP
$8.35M
Comparable Approach
Comparable
$8.56M
Blend (final)
Blend
$7.81M
Owner & transaction history
Southern Self Storage Of Santa Rosa · 5 yrs held
Southern Self Storage Of Santa Rosa
since 2021
Last sale
$7.5M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$9.7M
+30.6%
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 Santa Rosa Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Rosa Beach 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
$5,785,000
ML approach
$7,155,000
CAP Approach
CAP Return
Estimation
6%
$9,040,000
6.5%
$8,345,000
7%
$7,750,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,390,000
Current use
RETAIL STORES
$9,655,000
Change: +31% · Conversion: Moderate
Blend value · Realmo final
$7.81M
Range $7.03M – $8.59M · ±10% · vs last sale $7.50M (Jul 2 2021)
Last sale anchor
$7.50M
Jul 2 2021
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
$125 / 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
$74,014
Tax year 2023
Assessed value
$8,826,353
Assessed 2023
Previous assessed
$8,211,382
+7.5% YoY
Effective rate
0.84%
On assessed value
Assessed improvement
$8,826,353
Improvement market value
$8,826,353
Total market value
$8,826,353
Applied tax rate
7.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
1
Units
1
Bathrooms
2
Total area
62,440 SF
Lot
5.73 ac (249,599 SF)
APN
28-2S-20-33430-000-0030
UPID
US18-6086607
Jurisdiction
WALTON
Zoning & alternative use
Zoning · permitted uses
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
WAREHOUSE, STORAGE Current
Est. value
$7.4M
RETAIL STORES
Est. value
$9.7M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
2003
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Units
1
Bathrooms
2
Lot
5.73 ac
Current owner
From public records · entity-resolved
Southern Self Storage Of Santa Rosa
Individual
Mailing address
3835 PGA BLVD STE #207, PALM BEACH GARDENS, FL 33410-3006
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jul 2, 2021
$7,500,000
Southern Self Storage Of Santa Rosa
Bream Guinea LLC
Special Warranty Deed
—
Jun 1, 2005
—
Bream Guinea LLC
—
Trustees Deed
related
$642,700 · Whitney National Bank
—
—
Bream Guinea LLC
—
Deed Of Trust
related
$639,293 · Whitney National Bank
—
—
Bream Guinea LLC
—
Deed Of Trust
related
$1,050,000 · Whitney National Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 103 Mussett Byu Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
