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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Investment properties
1979 Serenity Spgs Dr Pace, FL 32571-8100
Entity Owned
~
Est. High Equity
Property ID
US18-3924971
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2009
Construction
STEEL FRAME
Total area
7,200 SF
Lot
41.68 ac (1,815,581 SF)
Zoning code
AG-RR
APN
15-2N-30-0000-00603-0000
UPID
US18-3924971
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
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$640k
Blend (final)
Blend
$560k
Owner & transaction history
Mayden Farms LLC
Mayden Farms LLC
since 2026
Last sale
$525,000
7 recorded transactions
Zoning & alternative use
AG-RR · Pace, 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 Pace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pace 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
Method
Estimation
Statistic approach
$535,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$910,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $525k (Jul 28 2020)
Last sale anchor
$525k
Jul 28 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$78 / SF
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
$7,287
Tax year 2023
Assessed value
$556,481
Assessed 2023
Previous assessed
$557,825
-0.2% YoY
Effective rate
1.31%
On assessed value
Assessed land
$312,600
Assessed improvement
$243,881
Land market value
$312,600
Improvement market value
$243,881
Total market value
$556,481
Applied tax rate
22.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2009
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Units
3
Bathrooms
2
Total area
7,200 SF
Lot
41.68 ac (1,815,581 SF)
Zoning code
AG-RR
APN
15-2N-30-0000-00603-0000
UPID
US18-3924971
Jurisdiction
SANTA ROSA
Zoning & alternative use
AG-RR · Pace, FL
Zoning AG-RR · permitted uses
AG-RR · Pace, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pace. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$910,000
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
3
Bathrooms
2
Lot
41.68 ac
Current owner
From public records · entity-resolved
Mayden Farms LLC
Entity
Mailing address
3448 EDINBURGH DR, PACE, FL 32571-8658
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2026
$785,000
Mayden Farms LLC
Sherry Minchew
Warranty Deed
$650,000 · Origin Bank
Oct 5, 2023
—
Sherry Minchew
Lonnie Dean Miller
Re-recorded Document
related
—
Jul 28, 2020
$525,000
Lonnie Dean Miller
Charles Edwin Nelson
Warranty Deed
$840,000 · Bancorpsouth Bank
Jul 24, 2018
—
Frederick A Josehs
Moorehead,jolee M
Quit Claim Deed
related
—
Jul 24, 2018
$375,000
Charles E Nelson
Josephs,frederick A
Warranty Deed
$350,000 · Farm Credit Svcs
Oct 19, 2017
—
Frederick A Josephs
Morehead,jolee M
Quit Claim Deed
related
—
—
—
Frederick A Josephs
—
Loan Modification
related
$274,926 · Gulf Coast Community 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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