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Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Warehouses
225 Blue Rdg Pkwy Freeport, FL 32439-3001
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-7380937
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Construction
FRAME
Total area
58,068 SF
Lot
4.84 ac (210,830 SF)
APN
14-1S-19-23000-006-0020
UPID
US18-7380937
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
Current use
Occupant on record · Public records
-
Mobile Fixture The Kitchen and Restaurant Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.34M
Blend (final)
Blend
$2.32M
Owner & transaction history
Pine Barron LLC · 8 yrs held
Pine Barron LLC
since 2018
7 recorded transactions
Zoning & alternative use
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±10%
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
$40 / 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
$31,383
Tax year 2023
Assessed value
$2,359,661
Assessed 2023
Previous assessed
$2,227,825
+5.9% YoY
Effective rate
1.33%
On assessed value
Assessed land
$326,569
Assessed improvement
$2,033,092
Land market value
$326,569
Improvement market value
$2,033,092
Total market value
$2,359,661
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1997
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
9
Bathrooms
3
Total area
58,068 SF
Lot
4.84 ac (210,830 SF)
APN
14-1S-19-23000-006-0020
UPID
US18-7380937
Jurisdiction
WALTON
Zoning & alternative use
Zoning · permitted uses
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
1997
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
9
Bathrooms
3
Lot
4.84 ac
Current owner
From public records · entity-resolved
Pine Barron LLC
Entity
Free & Clear · 8 yrs held
Mailing address
3850 LAKEFRONT DR, MOBILE, AL 36695-8682
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Jul 29, 2019
—
Pine Barron LLC
—
Deed
related
$154,737 · Servisfirst Bk
Apr 18, 2018
$2,750,000
Pine Barron LLC
Freeport Business Park Limited A Fl
Warranty Deed
—
Oct 17, 2017
$335,000
Palmetto Freeport-sr 83 LLC
Freeport Business Park Ltd
Warranty Deed
related
$1,344,939 · Farmers & Merchants Nat'l Bk
Jan 10, 2002
$948,000
Freeport Business Park Ltd
Blue Ridge Intl Product
Grant Deed
—
Aug 21, 2000
$18,900
First American Bank Walton
Blue Ridge Int'l Products Co
Grant Deed
related
—
Jan 21, 2000
$50,000
Patricia E Magee
Freeport Business Park Ltd
Grant Deed
$40,000 · Seller
—
—
Pine Barron LLC
—
Deed Of Trust
related
$154,737 · Servisfirst 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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