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Property profile & analytics
OFF-MARKET
Distribution centers
1251 Us Hwy 90th W Defuniak Springs, FL 32433-1476
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4492864
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1930
Construction
FRAME
Total area
1,740 SF
Lot
0.94 ac (41,164 SF)
Zoning code
HWY90
APN
27-3N-19-19000-008-0000
UPID
US18-4492864
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
Fernando Zuniga Cortes · 1 yrs held
Fernando Zuniga Cortes
since 2025
6 recorded transactions
Zoning & alternative use
HWY90 · Defuniak Springs, 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 Defuniak Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Defuniak Springs 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
$2,880
Tax year 2023
Assessed value
$208,427
Assessed 2023
Previous assessed
$230,049
-9.4% YoY
Effective rate
1.38%
On assessed value
Assessed land
$196,557
Assessed improvement
$11,870
Land market value
$196,557
Improvement market value
$11,870
Total market value
$208,427
Applied tax rate
1.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Rooms
2
Bathrooms
1
Total area
1,740 SF
Lot
0.94 ac (41,164 SF)
Zoning code
HWY90
APN
27-3N-19-19000-008-0000
UPID
US18-4492864
Jurisdiction
WALTON
Zoning & alternative use
HWY90 · Defuniak Springs, FLZoning HWY90 · permitted uses
HWY90 · Defuniak Springs, FL
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
1930
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Fernando Zuniga Cortes
Individual
Free & Clear · 1 yrs held
Mailing address
792 US HWY 331ST N, DEFUNIAK SPRINGS, FL 32433-4028
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2025
—
Fernando Zuniga Cortes
Fernando Zuniga Cortes
Deed
related
—
Jun 13, 2025
—
Fernando Zuniga Cortes
Benedicto Mendoza
Warranty Deed
—
Dec 16, 2020
$250,000
Fernando Zuniga
Tommy Ferguson
Warranty Deed
$200,000 · Tommy Ferguson
Mar 14, 2016
$80,000
Tommy Ferguson
Howell,william A
Warranty Deed
—
Dec 27, 2004
$135,000
William A Howell
Beddow,richard R & Camita P
Warranty Deed
$108,000 · Citizens Federal Bank Fsb
Apr 30, 2002
$70,000
Richard R Beddow
Miller,gary L
Grant Deed
$55,315 · Citizens Federal Bank Fsb
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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