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Property profile & analytics
OFF-MARKET
Office buildings
19805 Us Hwy 331st S Freeport, FL 32439-4743
Entity Owned
9-yr Hold
Free & Clear
Property ID
US18-6025662
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
2,171 SF
Lot
0.72 ac (31,450 SF)
Zoning code
3310
APN
03-2S-19-24000-002-0000
UPID
US18-6025662
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
331 Towne Center LLC · 9 yrs held
331 Towne Center LLC
since 2016
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
$1,829
Tax year 2023
Assessed value
$238,898
Assessed 2023
Previous assessed
$249,181
-4.1% YoY
Effective rate
0.77%
On assessed value
Assessed land
$165,338
Assessed improvement
$73,560
Land market value
$165,338
Improvement market value
$73,560
Total market value
$238,898
Applied tax rate
5.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
2,171 SF
Lot
0.72 ac (31,450 SF)
Zoning code
3310
APN
03-2S-19-24000-002-0000
UPID
US18-6025662
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
2005
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.72 ac
Current owner
From public records · entity-resolved
331 Towne Center LLC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 450, FREEPORT, FL 32439-0450
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2018
—
331 Town Center LLC
—
Deed
related
$500,000 · First Fl Bk
Aug 31, 2016
—
331 Towne Center LLC
Trustmark Natl Bk
Grant Deed
—
Nov 25, 2014
$32,100
Trustmark Natl Bk
Perry,mikel L Coc
Trustees Deed
related
—
Jun 29, 2007
—
State Of Fl Dept/transportation
Perry Jv INC
Warranty Deed
—
Feb 9, 2004
$1,656,400
Three Oaks LLC
Perry Investments INC
Grant Deed
$2,600,000 · Bank Of Bonifay
Mar 18, 2002
$25,000
Perry Joint Venture INC
Southern Forest Land INC
Grant Deed
—
Oct 2, 1998
$498,000
Sunventures Walton County INC
Post,carl F & Susan K
Grant Deed
$398,400 · Amsouth Bank Florida
May 21, 1998
$550,000
Carl F Post
Look,dwight
Grant Deed
$450,000 · Seller
Jun 17, 1997
$90,500
Dwight Look
Bear Creek Development INC
Grant Deed
—
—
—
331 Town Center LLC
—
Deed Of Trust
related
$500,000 · First Fl 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
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