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Property profile & analytics
FOR LEASE
Retail space
17287 Us Highway 331 Freeport, FL 32439
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-3644952
For Lease
1 / 8
$5,875/Mo
17287 Us Highway 331, Freeport, FL 32439
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Construction
STEEL FRAME
Total area
3,000 SF
Lot
1.4 ac (61,071 SF)
Zoning code
3310
APN
22-1S-19-23000-018-0020
UPID
US18-3644952
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
Golzar Holdings LLC · 2 yrs held
Golzar Holdings LLC
since 2023
Last sale
$216,000
7 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
$3,826
Tax year 2023
Assessed value
$382,510
Assessed 2023
Previous assessed
$223,732
+71.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$244,420
Assessed improvement
$138,090
Land market value
$244,420
Improvement market value
$138,090
Total market value
$382,510
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Rooms
6
Bathrooms
3
Total area
3,000 SF
Lot
1.4 ac (61,071 SF)
Zoning code
3310
APN
22-1S-19-23000-018-0020
UPID
US18-3644952
Jurisdiction
WALTON
Zoning & alternative use
3310 · Freeport, FLZoning 3310 · permitted uses
3310 · Freeport, FL
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
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
6
Bathrooms
3
Lot
1.4 ac
Current owner
From public records · entity-resolved
Golzar Holdings LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5597 US HWY 98TH W, SANTA ROSA BEACH, FL 32459-3282
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2023
—
Golzar Holdings LLC
Zarcorp Properties LLC
Quit Claim Deed
related
—
Nov 13, 2020
—
Zarcorp Properties LLC
—
Deed
related
$1,250,000 · Trustmark Nat'l Bk
Apr 2, 2018
—
Zarcorp Properties LLC
—
Deed
related
—
Mar 17, 2017
—
Zarcorp Properties LLC
—
Deed
related
—
Feb 13, 2006
$216,000
Zarcorp Properties LLC
Nick Zargari
Warranty Deed
$432,000 · Trustmark National Bank
Feb 9, 2006
$216,000
Zarcorp Properties LLC
Zargari,nick
Warranty Deed
—
May 3, 2005
$575,000
Nick Zargari
Johnson,allen & Faye
Warranty Deed
$432,000 · Trustmark National Bank
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Zarcorp Properties LLC
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Loan Modification
related
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Zarcorp Properties LLC
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Deed Of Trust
related
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Zarcorp Properties LLC
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Deed Of Trust
related
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Zarcorp Properties LLC
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Loan Modification
related
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Zarcorp Properties LLC
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Loan Modification
related
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Zarcorp Properties LLC
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Loan Modification
related
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Zarcorp Properties LLC
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Loan Modification
related
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Zarcorp Properties LLC
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Loan Modification
related
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Zarcorp Properties LLC
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Loan Modification
related
$1,250,000 · Trustmark Nat'l Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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