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Property profile & analytics
OFF-MARKET
Estimated value
$4,115,000
Auto shops
1450 Hwy 98 Mary Esther, FL 32569-1501
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-0272847
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2007
Construction
STEEL FRAME
Total area
18,734 SF
Lot
161.27 ac (7,025,100 SF)
APN
14-2S-25-0000-0006-0000
UPID
US18-0272847
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
$4.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.12M
Owner & transaction history
Kg Nc Holdings LLC · 6 yrs held
Kg Nc Holdings LLC
since 2020
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.6M
+59.5%
Restaurant
$4.0M
+37.8%
Retail stores
$3.6M
+24.3%
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 Mary Esther submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mary Esther 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
$4,525,000
ML approach
$4,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,890,000
Current use
COMMERCIAL (GENERAL)
$4,610,000
Change: +60% · Conversion: Moderate
RESTAURANT
$3,980,000
Change: +38% · Conversion: Difficult
RETAIL STORES
$3,590,000
Change: +24% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,930,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$4.12M
Range $3.70M – $4.53M · ±10% · vs last sale $3.80M (Feb 20 2020)
Last sale anchor
$3.80M
Feb 20 2020
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
$220 / 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
$14,160
Tax year 2023
Assessed value
$1,204,222
Assessed 2023
Previous assessed
$1,158,498
+3.9% YoY
Effective rate
1.18%
On assessed value
Assessed land
$418,064
Assessed improvement
$786,158
Land market value
$418,064
Improvement market value
$786,158
Total market value
$1,204,222
Applied tax rate
21.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
12
Total area
18,734 SF
Lot
161.27 ac (7,025,100 SF)
APN
14-2S-25-0000-0006-0000
UPID
US18-0272847
Jurisdiction
OKALOOSA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$4.6M
RESTAURANT
Est. value
$4.0M
RETAIL STORES
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
12
Lot
161.27 ac
Current owner
From public records · entity-resolved
Kg Nc Holdings LLC
Entity
Mailing address
4324 GRANT BLVD, YUKON, OK 73099-0034
Ownership since
2020
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
Feb 20, 2020
$3,795,000
Kg Nc Holdings LLC
Owm Mary Esther Fl Landlord LLC
Special Warranty Deed
—
Aug 7, 2019
$3,247,100
Owm Mary Esther Fl Landlord LLC
One Walter Marine Holdings LLC
Special Warranty Deed
—
Aug 7, 2019
—
Legendary Assets & Operations
—
Deed
related
$1,402,213 · Goldman Sachs Specialty Lndg G
Dec 4, 2017
$2,650,000
One Water Marine Holdings LLC
F & R Real Estate LLC
Trustees Deed
$2,000,000 · Hancock Bk
Aug 11, 2016
—
Sunrise Marine Real Estate LLC
—
Deed
related
$2,089,900 · Hancock Bk
Feb 1, 2006
$850,000
Sunrise Marine Real Estate LLC
Broxson,alvyn R & Rose J
Warranty Deed
$680,000 · Beach Community Bank
—
—
Sunrise Marine Real Estate LLC
—
Deed Of Trust
related
$199,988 · John Reinhold
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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