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Property profile & analytics
FOR LEASE
Retail space
1519 Ohio Ave B Lynn Haven, FL 32444
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-3823002
For Lease
$508,857 SF/Yr
1519 Ohio Ave,Unit B, Lynn Haven, FL 32444
View Listing →
Property summary
AI-generated overview
This exceptional retail space, located at 1519 Ohio Avenue in Lynn Haven, Florida, offers 1,919 square feet of fully air-conditioned space within a larger 4,315 square foot building. Situated on a 0.34-acre corner lot along Lynn Haven's main retail corridor, this property boasts high visibility and accessibility. The building, renovated in 2022, features two separate units, each with its own individual power meter. This particular unit (Suite B) includes a grade-level roll-up door, private offices, and an ADA-compliant restroom. The L-shaped building design provides ample space and flexibility. A 3D tour and floor plan are available for review. The estimated 2024 operating expenses are $5.19 per square foot. This is an excellent opportunity for businesses seeking a modern, well-maintained space in a thriving retail location. The property is in Bay County, Florida, zip code 32444.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1972
Construction
STEEL FRAME
Total area
4,268 SF
Lot
0.34 ac (15,000 SF)
APN
10349-010-000
UPID
US18-3823002
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
-
Creative Blessings Boutique Clothing & Fashion Store
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
Five Bridge Holdings LLC · 1 yrs held
Five Bridge Holdings LLC
since 2025
5 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 Lynn Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynn Haven 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
$5,500
Tax year 2023
Assessed value
$352,346
Assessed 2023
Previous assessed
$254,829
+38.3% YoY
Effective rate
1.56%
On assessed value
Assessed land
$236,250
Assessed improvement
$116,096
Land market value
$236,250
Improvement market value
$116,096
Total market value
$352,346
Applied tax rate
6.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1972
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
4
Total area
4,268 SF
Lot
0.34 ac (15,000 SF)
APN
10349-010-000
UPID
US18-3823002
Jurisdiction
BAY
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
1972
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Lot
0.34 ac
Current owner
From public records · entity-resolved
Five Bridge Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3108 W 23RD ST, PANAMA CITY, FL 32405-1842
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2025
—
Five Bridge Holdings LLC
—
Deed
related
$635,000 · Innovations Financial Cu
Jan 3, 2025
$425,000
Five Bridge Holdings LLC
Neil C Jones
Warranty Deed
—
Jan 3, 2025
—
Five Bridge Holdings LLC
Kevin L Wattenbarger
Quitclaim Deed
related
—
Dec 27, 2024
—
Kevin L Wattenbarger
Commercial Property Services Group
Warranty Deed
—
Sep 14, 2021
—
Commercial Property Services Group
H Craig Osborne
Warranty 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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