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Property profile & analytics
OFF-MARKET
Research & development properties
10923 Spanish Oak Dr, Howey In The Hills, FL 34737-4219
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5866347
Property profile
Verified
Property type
Research & development properties
Use group
WASTE DISPOSAL, SEWAGE
Lot
0.97 ac (42,253 SF)
APN
02-21-25-0001-000-00400
UPID
US18-5866347
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Annette Locklin · 2 yrs held
Annette Locklin
since 2024
Last sale
$5,000
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 Howey In The Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Howey In The Hills 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
$1.00
Tax year 2023
Assessed value
$44
Assessed 2023
Previous assessed
$44
+0.0% YoY
Effective rate
2.27%
On assessed value
Land market value
$44
Total market value
$44
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Research & development properties
Use group
WASTE DISPOSAL, SEWAGE
Status
Off-Market
Heating
NONE
Lot
0.97 ac (42,253 SF)
APN
02-21-25-0001-000-00400
UPID
US18-5866347
Jurisdiction
LAKE
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
Heating
NONE
Lot
0.97 ac
Current owner
From public records · entity-resolved
Annette Locklin
Individual
Mailing address
620 5TH ST, MERRITT ISLAND, FL 32953-3339
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2024
$5,000
Annette Locklin
Barbara Cole Sutton
Warranty Deed
—
Aug 3, 2022
—
Barbara Cole Sutton
Barbara Cole Sutton
Intrafamily Transfer
related
—
Aug 14, 1998
—
Sukree Deowdhat
—
Grant Deed
related
$94,500 · Fidelity Fsb Florida
Apr 28, 1998
$24,900
Alice M Dickey
Sutton,clifford L & Barbara C
Grant Deed
$19,920 · Seller
Jan 16, 1998
$42,500
Sukree Deowhat
Sutton,clifford L & Barbara C
Grant Deed
$30,000 · Seller
Jan 15, 1998
$24,500
Susan Gately
Sutton,clifford L & Barbara C
Grant Deed
—
Jul 3, 1997
$23,900
Ronald Delaurier
Sutton,clifford & Barbara
Grant Deed
—
Jun 11, 1997
$22,900
Marilyn J Benitez
Sutton,clifford L & Barbara C
Grant Deed
$20,600 · Northside Bank Of Tampa
Apr 14, 1997
$24,900
Santos L Ocanas
Sutton,clifford L & Barbara C
Grant Deed
$17,430 · Seller
Apr 14, 1997
$59,900
Caritas Et Labor Foundation In
Sutton,clifford L & Barbara C
Grant Deed
$47,920 · Seller
Apr 23, 1996
$34,900
Alfred P Marone
Sutton,clifford L & Barbara C
Grant Deed
$28,900
—
—
Annette Ferguson
—
Deed Of Trust
related
$81,200 · Paramount Financial Corp
—
—
Columbus Holland JR.
—
Deed Of Trust
related
$100,500 · Suntrust Mortgage INC
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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