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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
16302 Hwy 19 Cross City, FL 32628-3560
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-5615861
Property summary
AI-generated overview
This exceptional 8,272-square-foot free-standing retail building presents a compelling investment opportunity in Cross City, Florida. Situated on a 0.32-acre lot at 16302 SE Hwy 19, this single-tenant property boasts high visibility on a major retail corridor with an average daily traffic count exceeding 9,000 vehicles. Built in 1950 and renovated in 1990, the building offers a single story and is zoned CI-Commercial Intensive, allowing for a wide range of commercial uses. The property features readily available power and is conveniently located in Dixie County, Florida, with the address 16302 SE Hwy 19, Cross City, FL 32628. Its prime location on US Highway 19 ensures maximum exposure and accessibility for businesses. The property's parcel number is 04-10-12-1808-0002-0010. This is an ideal opportunity for businesses seeking high visibility and convenient access to a substantial daily traffic flow. The property is available for sale or lease.
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1950
Construction
CONCRETE
Total area
8,272 SF
Lot
0.32 ac (13,992 SF)
Zoning code
C-3
APN
04-10-12-1808-0002-001.0
UPID
US18-5615861
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
Boyle Family LLC · 5 yrs held
Boyle Family LLC
since 2020
Last sale
$390,000
4 recorded transactions
Zoning & alternative use
C-3 · Cross City, 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 Cross City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cross City 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
$7,434
Tax year 2023
Assessed value
$206,800
Assessed 2023
Previous assessed
$206,800
+0.0% YoY
Effective rate
3.59%
On assessed value
Assessed land
$22,300
Assessed improvement
$184,500
Land market value
$22,300
Improvement market value
$184,500
Total market value
$206,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1950
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
8,272 SF
Lot
0.32 ac (13,992 SF)
Zoning code
C-3
APN
04-10-12-1808-0002-001.0
UPID
US18-5615861
Jurisdiction
DIXIE
Zoning & alternative use
C-3 · Cross City, FL
Zoning C-3 · permitted uses
C-3 · Cross City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cross City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Boyle Family LLC
Entity
Mailing address
PO BOX 1357, ARCADIA, FL 34265-1357
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2020
$390,000
Boyle Family LLC
Andrew Brian Boyle
Warranty Deed
$372,600 · Centerstate Bank NA
Oct 15, 2015
$390,000
Andrew B Boyle
Haymat INC
Warranty Deed
$320,000 · Private Individual
Feb 3, 2014
—
Haymat INC
Fussell,lesley N
Quit Claim Deed
related
—
Feb 19, 2009
$600,000
Lesley Necole Fussell
Haymat INC
Warranty Deed
$250,000 · Perkins State Bank
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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