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Property profile & analytics
OFF-MARKET
Commercial real estate
24865 Hwy 314 Salt Springs, FL 32134-6255
Trust Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3176645
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1974
Construction
WOOD FRAME
Total area
3,225 SF
Lot
0.98 ac (42,689 SF)
Zoning code
B5
APN
1173-008-003
UPID
US18-3176645
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
Glenn,hal M & Elizabeth A Trust · 7 yrs held
Glenn,hal M & Elizabeth A Trust
since 2018
4 recorded transactions
Zoning & alternative use
B5 · Salt Springs, 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 Salt Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salt Springs 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
$1,785
Tax year 2023
Assessed value
$81,652
Assessed 2023
Previous assessed
$81,652
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$68,302
Assessed improvement
$13,350
Land market value
$68,302
Improvement market value
$51,171
Total market value
$119,473
Applied tax rate
9,001.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1974
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
3,225 SF
Lot
0.98 ac (42,689 SF)
Zoning code
B5
APN
1173-008-003
UPID
US18-3176645
Jurisdiction
MARION
Zoning & alternative use
B5 · Salt Springs, FLZoning B5 · permitted uses
B5 · Salt Springs, 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
1974
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.98 ac
Current owner
From public records · entity-resolved
Glenn,hal M & Elizabeth A Trust
Trust
Free & Clear · 7 yrs held
Mailing address
13183 NE 226TH AVE RD, SALT SPRINGS, FL 32134-5907
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2018
$100
Glenn,hal M & Elizabeth A Trust
Ground Hog Excavating INC
Warranty Deed
—
Mar 4, 2013
$49,900
Ground Hog Excavating INC
Broke Dix Properties LLC
Warranty Deed
—
Jun 23, 2006
—
Broke Dix Properties LLC
Ground Hog Excavating INC
Warranty Deed
—
Nov 2, 2004
$112,500
Ground Hog Excavating INC
Mccreary,steve & Doris
Warranty Deed
$87,500 · Steve & Doris Mccreary
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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