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Property profile & analytics
OFF-MARKET
Office Spaces
106 Reid Ave, Port St Joe, FL 32456-1822
Individually Owned
7-yr Hold
Free & Clear
Property ID
US18-6345481
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1938
Construction
FRAME
Total area
600 SF
Lot
0.06 ac (2,744 SF)
Zoning code
C1
APN
04649-010R
UPID
US18-6345481
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
-
Mermaid's Canvas Training Center
-
Bo Knows Pest Control Garden Center
-
Seascape Insurance Group Inc. Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Marjorie Schoelles · 7 yrs held
Marjorie Schoelles
since 2018
2 recorded transactions
Zoning & alternative use
C1 · Port St Joe, FL
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 Port St Joe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port St Joe 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,190
Tax year 2023
Assessed value
$219,369
Assessed 2023
Previous assessed
$172,127
+27.4% YoY
Effective rate
1.00%
On assessed value
Assessed land
$155,000
Assessed improvement
$64,369
Land market value
$155,000
Improvement market value
$64,369
Total market value
$219,369
Applied tax rate
5.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1938
Construction
FRAME
Heating
FORCED AIR
Cooling
WINDOW A/C
Stories
1
Bathrooms
1
Total area
600 SF
Lot
0.06 ac (2,744 SF)
Zoning code
C1
APN
04649-010R
UPID
US18-6345481
Jurisdiction
GULF
Zoning & alternative use
C1 · Port St Joe, FL
Zoning C1 · permitted uses
C1 · Port St Joe, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port St Joe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1938
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Marjorie Schoelles
Individual
Free & Clear · 7 yrs held
Mailing address
106 REID AVE, PORT ST JOE, FL 32456-1822
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2018
$90,000
Marjorie Schoelles
100 Reid LLC
Warranty Deed
—
Aug 30, 2013
$60,500
100 Reid LLC
106 Reid Avenue INC
Warranty Deed
—
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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