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Property profile & analytics
OFF-MARKET
Office buildings
1265 Us Hwy 331st S Defuniak Springs, FL 32435-3398
Trust Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4236691
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1958
Total area
3,823 SF
Lot
2.16 ac (94,046 SF)
Zoning code
3310
APN
02-2N-19-18000-039-0000
UPID
US18-4236691
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
1265 Panhandle Trust LLC · 2 yrs held
1265 Panhandle Trust LLC
since 2023
7 recorded transactions
Zoning & alternative use
3310 · 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
$3,409
Tax year 2023
Assessed value
$246,706
Assessed 2023
Previous assessed
$270,375
-8.8% YoY
Effective rate
1.38%
On assessed value
Assessed land
$175,760
Assessed improvement
$70,946
Land market value
$175,760
Improvement market value
$70,946
Total market value
$246,706
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1958
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
7
Bathrooms
3
Total area
3,823 SF
Lot
2.16 ac (94,046 SF)
Zoning code
3310
APN
02-2N-19-18000-039-0000
UPID
US18-4236691
Jurisdiction
WALTON
Zoning & alternative use
3310 · Defuniak Springs, FLZoning 3310 · permitted uses
3310 · 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
1958
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
3
Lot
2.16 ac
Current owner
From public records · entity-resolved
1265 Panhandle Trust LLC
Trust
Mailing address
1265 US HWY 331ST S, DEFUNIAK SPRINGS, FL 32435-3398
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2023
—
1265 Panhandle Trust LLC
Panhandle Business Services LLC
Quitclaim Deed
related
—
Apr 4, 2019
—
Panhandle Busn Svcs LLC
—
Deed
related
—
Feb 17, 2012
—
Panhandle Business Svcs LLC
Johnson,nancy M
Quit Claim Deed
related
—
Oct 30, 2006
—
Panhandle Business Svcs LLC
Johnson,david R
Quit Claim Deed
related
—
Dec 6, 2004
$1,000
David R Johnson
Pentecost,bonnie H
Warranty Deed
related
—
Oct 30, 2000
$150,000
David R Johnson
Bowers,travis & Gwendolyn
Grant Deed
$160,000 · Regions Bank
—
—
Johnsons Dev LLC
—
Loan Modification
related
—
—
—
Panhandle Busn Svcs LLC
—
Loan Modification
related
—
—
—
Panhandle Business Svcs LLC
—
Deed Of Trust
related
$253,250 · Banktrust
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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