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Property profile & analytics
OFF-MARKET
Commercial land
12721 Hwy 77 Southport, FL 32409-2233
Trust Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-0130697
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
4.19 ac (182,299 SF)
Zoning code
BC05
APN
07504-055-000
UPID
US18-0130697
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
Kirpa,guru Living Trust · 12 yrs held
Kirpa,guru Living Trust
since 2014
7 recorded transactions
Zoning & alternative use
BC05 · Southport, 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 Southport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southport 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
$917
Tax year 2023
Assessed value
$73,237
Assessed 2023
Previous assessed
$73,237
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$73,237
Land market value
$73,237
Total market value
$73,237
Applied tax rate
55.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Stories
1
Rooms
3
Lot
4.19 ac (182,299 SF)
Zoning code
BC05
APN
07504-055-000
UPID
US18-0130697
Jurisdiction
BAY
Zoning & alternative use
BC05 · Southport, FL
Zoning BC05 · permitted uses
BC05 · Southport, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Stories
1
Rooms
3
Lot
4.19 ac
Current owner
From public records · entity-resolved
Kirpa,guru Living Trust
Trust
Mailing address
3531 PRESERVE BLVD, PANAMA CITY BEACH, FL 32408-7171
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2014
$100,000
Kirpa,guru Living Trust
Trustmark Natl Bk
Grant Deed
—
May 19, 2010
—
Trustmark Natl Bk
M L Niro LLC Coc
Trustees Deed
related
—
Feb 15, 2006
—
Ml Niro LLC
—
Trustees Deed
related
$80,000 · Trustmark National Bank
Aug 8, 2005
$460,000
Ml Niro LLC
Jackson,kerry
Warranty Deed
$368,000 · Trustmark National Bank
Jun 25, 2004
$340,000
Kerry Jackson
Richardson,maxwell M
Grant Deed
$544,000 · Coastal Community Bank
May 9, 2003
$120,500
Maxwell M Richardson
R & M Timber Co
Grant Deed
$120,496 · Bank Of Bonifay
—
—
Ml Niro LLC
—
Deed Of Trust
related
$84,000 · Trustmark National Bank
—
—
Ml Niro LLC
—
Deed Of Trust
related
$70,750 · Trustmark National Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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