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Property profile & analytics
OFF-MARKET
Commercial land
16274 Us Hwy 331st S Freeport, FL 32439-4154
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-2002559
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1960
Total area
1,224 SF
Lot
0.54 ac (23,479 SF)
Zoning code
3310
APN
14-1S-19-23000-005-0000
UPID
US18-2002559
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
Jls Properties LLC · 6 yrs held
Jls Properties LLC
since 2019
5 recorded transactions
Zoning & alternative use
3310 · 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
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
$1,977
Tax year 2023
Assessed value
$299,625
Assessed 2023
Previous assessed
$230,070
+30.2% YoY
Effective rate
0.66%
On assessed value
Assessed land
$299,625
Land market value
$299,625
Total market value
$299,625
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1960
Heating
STEAM
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
1,224 SF
Lot
0.54 ac (23,479 SF)
Zoning code
3310
APN
14-1S-19-23000-005-0000
UPID
US18-2002559
Jurisdiction
WALTON
Zoning & alternative use
3310 · Freeport, FL
Zoning 3310 · permitted uses
3310 · Freeport, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Freeport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
STEAM
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Jls Properties LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1361 WINDWARD LN, NICEVILLE, FL 32578-4332
Ownership since
2019
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
Oct 31, 2019
$730,000
Jls Properties LLC
William D Miller
Warranty Deed
—
Nov 12, 2013
$100,000
William D Miller
Olin Holdings LLC
Warranty Deed
—
Dec 3, 2009
$51,100
Trustmark Natl Bk
Summit Dev Group LLC Coc
Trustees Deed
related
—
Jan 20, 2005
$250,000
Summit Dev Group LLC
Hattaway,lillie M
Warranty Deed
$200,000 · Trustmark National Bank
Sep 2, 2004
—
Lillie M Hattaway
Evans,billy G
Warranty 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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