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Property profile & analytics
OFF-MARKET
Office buildings
11277 Us Hwy 331st S Freeport, FL 32439-3100
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US18-7033452
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
432 SF
Lot
3.05 ac (132,858 SF)
APN
35-1N-19-17000-001-0031
UPID
US18-7033452
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
Fort Walton Concrete INC · 22 yrs held
Fort Walton Concrete INC
since 2004
6 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 Freeport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Freeport 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
$1,855
Tax year 2023
Assessed value
$138,197
Assessed 2023
Previous assessed
$152,095
-9.1% YoY
Effective rate
1.34%
On assessed value
Assessed land
$125,538
Assessed improvement
$12,659
Land market value
$125,538
Improvement market value
$12,659
Total market value
$138,197
Applied tax rate
2.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Heating
CONVECTION
Cooling
WINDOW A/C
Stories
1
Bathrooms
1
Total area
432 SF
Lot
3.05 ac (132,858 SF)
APN
35-1N-19-17000-001-0031
UPID
US18-7033452
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
2005
Heating
CONVECTION
Cooling
Yes
Stories
1
Bathrooms
1
Lot
3.05 ac
Current owner
From public records · entity-resolved
Fort Walton Concrete INC
Entity
Mailing address
930 CAMPBELL RD, CENTURY, FL 32535-2421
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2020
—
Fort Walton Concrete INC
—
Deed
related
$374,796 · Servisfirst Bk
Mar 16, 2004
$150,000
Fort Walton Concrete INC
Nita Lusa Properties INC
Warranty Deed
$155,000 · Banktrust
—
—
Fort Walton Concrete INC
—
Deed Of Trust
related
$500,000 · Servisfirst Bk
—
—
Fort Walton Concrete INC
—
Loan Modification
related
$500,000 · Servisfirst Bk
—
—
Fort Walton Concrete INC
—
Loan Modification
related
$500,000 · Servisfirst Bk
—
—
Fort Walton Concrete INC
—
Loan Modification
related
$374,796 · Servisfirst Bk
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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