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Property profile & analytics
OFF-MARKET
Individual retail properties
1359 Railroad Ave Chipley, FL 32428-1461
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3174634
Property profile
Verified
Property type
Individual retail properties
Use group
BARBER, HAIR SALON
Year built
1901
Total area
2,510 SF
Lot
0.08 ac (3,484 SF)
APN
14450000
UPID
US18-3174634
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
Johnny E Waits · 7 yrs held
Johnny E Waits
since 2018
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 Chipley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chipley 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
$985
Tax year 2023
Assessed value
$47,710
Assessed 2023
Previous assessed
$47,710
+0.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$4,750
Assessed improvement
$42,960
Land market value
$4,750
Improvement market value
$42,960
Total market value
$47,710
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
Individual retail properties
Use group
BARBER, HAIR SALON
Status
Off-Market
Year built
1901
Heating
NONE
Cooling
NONE
Buildings
1
Total area
2,510 SF
Lot
0.08 ac (3,484 SF)
APN
14450000
UPID
US18-3174634
Jurisdiction
WASHINGTON
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
1901
Heating
NONE
Cooling
Yes
Buildings
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Johnny E Waits
Individual
Free & Clear · 7 yrs held
Mailing address
848 ALFORD RD, CHIPLEY, FL 32428-5806
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2020
—
Jared L Kirkland
—
Deed Of Trust
related
$50,000 · One Florida Bk
Aug 6, 2018
$1,500
Johnny E Waits
Carey,george & Kathleen
Grant Deed
related
—
Jul 18, 2018
$55,000
Jared I Kirkland
Greg Barley
Warranty Deed
$57,519 · One South Bank
Aug 29, 2017
—
Gregory Baxley
Morrow,marion T
Quit Claim Deed
related
—
Oct 11, 2013
$115,100
Marion T Morrow
Baxleys Cleaners INC
Warranty Deed
$145,000 · Gregory & Jackie Baxley
Aug 16, 2005
$125,000
Baxleys Clearners INC
Porter,c J & Leola
Warranty Deed
$125,000 · C J & Leola Porter
—
—
Jared L Kirkland
—
Deed Of Trust
related
$8,478 · City Of Chipley
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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