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Property profile & analytics
OFF-MARKET
Office Spaces
1540 Hwy 389 Lynn Haven, FL 32444-2904
Individually Owned
1-yr Hold
Free & Clear
Property ID
US18-8573735
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1950
Construction
WOOD
Total area
841 SF
Lot
5.19 ac (226,294 SF)
Zoning code
BC15
APN
11178-000-000
UPID
US18-8573735
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
Jason Stone · 1 yrs held
Jason Stone
since 2024
6 recorded transactions
Zoning & alternative use
BC15 · Lynn Haven, FL
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
$2,653
Tax year 2023
Assessed value
$195,877
Assessed 2023
Previous assessed
$195,877
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$180,786
Assessed improvement
$15,091
Land market value
$180,786
Improvement market value
$15,091
Total market value
$195,877
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
YES
Cooling
WINDOW A/C
Stories
1
Rooms
2
Bathrooms
1
Total area
841 SF
Lot
5.19 ac (226,294 SF)
Zoning code
BC15
APN
11178-000-000
UPID
US18-8573735
Jurisdiction
BAY
Zoning & alternative use
BC15 · Lynn Haven, FLZoning BC15 · permitted uses
BC15 · Lynn Haven, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Website Filtered
Building & site characteristics
From public records
Year built
1950
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
1
Lot
5.19 ac
Current owner
From public records · entity-resolved
Jason Stone
Individual
Free & Clear · 1 yrs held
Mailing address
1529 A P DAVIS DR, LYNN HAVEN, FL 32444-2930
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2024
—
Jason Stone
Pamela E Percy
Quit Claim Deed
related
—
Oct 17, 2023
—
Pamela Elaihe Percy
Pamela Elaine Percy
Warranty Deed
—
Aug 21, 2007
$47,000
Newmans Brothers Const LLC
Percy,pamela S
Warranty Deed
$142,400 · Peoples First Community Bank
Aug 21, 2007
—
Susan Percy
Percy L D Living Trust
Quit Claim Deed
related
—
Aug 5, 2004
$170,000
James Finch & Associates
Smith,emmitt S & Tammie M
Warranty Deed
—
Aug 30, 1996
—
Percy Trust
Percy,louise D
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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