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Property profile & analytics
OFF-MARKET
Estimated value
$3,715,000
Retail space
106 Geronimo St Miramar Beach, FL 32550-4062
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-1962171
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
STEEL FRAME
Total area
28,757 SF
Lot
2 ac (87,120 SF)
APN
28-2S-21-42000-023-0031
UPID
US18-1962171
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
$5.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.72M
Owner & transaction history
G&s Properties LLC
G&s Properties LLC
since 2025
Last sale
$4.4M
7 recorded transactions
Zoning & alternative use
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 Miramar Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miramar 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,525,000
6.5%
$5,100,000
7%
$4,735,000
Blend value · Realmo final
$3.72M
Range $3.34M – $4.09M · ±10% · vs last sale $4.35M (Jul 23 2025)
Last sale anchor
$4.35M
Jul 23 2025
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
$129 / 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
$14,125
Tax year 2023
Assessed value
$1,668,170
Assessed 2023
Previous assessed
$1,670,623
-0.1% YoY
Effective rate
0.85%
On assessed value
Assessed land
$315,374
Assessed improvement
$1,352,796
Land market value
$315,374
Improvement market value
$1,352,796
Total market value
$1,668,170
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
4
Total area
28,757 SF
Lot
2 ac (87,120 SF)
APN
28-2S-21-42000-023-0031
UPID
US18-1962171
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
Building & site characteristics
From public records
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
4
Lot
2 ac
Current owner
From public records · entity-resolved
G&s Properties LLC
Entity
Mailing address
2944 PNE VLY DR, MIRAMAR BEACH, FL 32550-7837
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2025
$4,350,000
G&s Properties LLC
Manning Properties Florida LLC
Warranty Deed
$3,697,500 · Hancock Whitney Bank
Oct 9, 2020
—
Owner Name Unavailable
—
Deed
related
$452,725 · Community Bk/ms
Aug 20, 2020
—
Manning Properties Florida LLC
—
Deed
related
$370,000 · Community Bank Of Mississippi
Oct 15, 2014
—
Manning Properties Florida LLC
Community Bancshares Of Mississip
Grant Deed
related
—
Dec 6, 2011
$1,400,000
Manning Properties Of Fl LLC
Community Bancshares
Warranty Deed
—
Mar 9, 2011
—
Community Bk
Resort Investments INC Coc
Trustees Deed
related
—
Jan 4, 2011
$1,136,000
Community Bancshares
Community Bank Destin
Grant Deed
related
—
Jul 16, 2010
$4,950,000
Community Bk
Resort Interiors INC
Grant Deed
—
—
—
Manning Properties Florida LLC
—
Deed Of Trust
related
$600,000 · Ccb Community Bank
—
—
Owner Name Unavailable
—
Deed Of Trust
related
$452,725 · Community Bk/ms
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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