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Property profile & analytics
OFF-MARKET
Estimated value
$2,590,000
Manufacturing properties
143 Yacht Dr Freeport, FL 32439-3508
Individually Owned
4-yr Hold
Free & Clear
Property ID
US18-5274658
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
2000
Construction
STEEL FRAME
Total area
9,150 SF
Lot
7.6 ac (330,882 SF)
Zoning code
BAYN
APN
22-1S-19-23010-000-0050
UPID
US18-5274658
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
Current use
Occupant on record · Public records
-
G & S Boats Inc (Bike/Boat/Book/etc) Store Production Facility
-
Morgan Marine Marine Supply Store Transportation Service
-
Morgan Dumpsters - A Morgan Container of NWFL General Contractor Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.59M
Owner & transaction history
Destin Fishermans Cooperative Assn · 4 yrs held
Destin Fishermans Cooperative Assn
since 2021
Last sale
$2.5M
4 recorded transactions
Zoning & alternative use
BAYN · Freeport, 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 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
Method
Estimation
Statistic approach
$2,735,000
ML approach
$2,620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.59M
Range $2.33M – $2.85M · ±10% · vs last sale $2.50M (Oct 15 2021)
Last sale anchor
$2.50M
Oct 15 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$283 / SF
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
$26,182
Tax year 2023
Assessed value
$2,006,627
Assessed 2023
Previous assessed
$2,192,441
-8.5% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,595,160
Assessed improvement
$411,467
Land market value
$1,595,160
Improvement market value
$411,467
Total market value
$2,006,627
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Rooms
2
Bathrooms
2
Total area
9,150 SF
Lot
7.6 ac (330,882 SF)
Zoning code
BAYN
APN
22-1S-19-23010-000-0050
UPID
US18-5274658
Jurisdiction
WALTON
Zoning & alternative use
BAYN · Freeport, FLZoning BAYN · permitted uses
BAYN · Freeport, 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
2000
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
2
Lot
7.6 ac
Current owner
From public records · entity-resolved
Destin Fishermans Cooperative Assn
Individual
Free & Clear · 4 yrs held
Mailing address
PO BOX 291, DESTIN, FL 32540-0291
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2021
$2,500,000
Destin Fishermans Cooperative Assn
Curtis A Gentry III
Warranty Deed
—
Sep 23, 2020
—
Gentry,curtis A III Trust
G & S Boats INC
Warranty Deed
—
Aug 6, 1999
—
G & S Boats INC
Fleet,h B
Grant Deed
$180,000 · Amsouth Bank Florida
Feb 10, 1999
$425,000
G & S Boats INC
Turkey Creek Properties LP
Grant Deed
—
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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