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Property profile & analytics
OFF-MARKET
Estimated value
$6,165,000
Warehouses
2511 Hwy 77 Lynn Haven, FL 32444-4719
Trust Owned
7-yr Hold
Free & Clear
Property ID
US18-4857573
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Construction
STEEL FRAME
Total area
57,000 SF
Lot
4 ac (174,240 SF)
APN
11619-000-000
UPID
US18-4857573
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
-
Chavers Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.64M
Comparable Approach
Comparable
$6.97M
Blend (final)
Blend
$6.17M
Owner & transaction history
Skc 2 Family Trust · 7 yrs held
Skc 2 Family Trust
since 2019
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.8M
+135.2%
Retail stores
$8.4M
+101.6%
Medical building
$8.3M
+98.7%
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 Lynn Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynn Haven 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%
$7,195,000
6.5%
$6,640,000
7%
$6,170,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,185,000
Current use
COMMERCIAL (GENERAL)
$9,840,000
Change: +135% · Conversion: Difficult
RETAIL STORES
$8,435,000
Change: +102% · Conversion: Moderate
MEDICAL BUILDING
$8,310,000
Change: +99% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,450,000
Change: +6% · Conversion: Easy
Blend value · Realmo final
$6.17M
Range $5.55M – $6.78M · ±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
$108 / 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
$61,485
Tax year 2023
Assessed value
$5,820,453
Assessed 2023
Previous assessed
$5,820,453
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,176,000
Assessed improvement
$4,644,453
Land market value
$1,176,000
Improvement market value
$4,644,453
Total market value
$5,820,453
Applied tax rate
6.0000
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
1977
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
595
Rooms
22
Total area
57,000 SF
Lot
4 ac (174,240 SF)
APN
11619-000-000
UPID
US18-4857573
Jurisdiction
BAY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$9.8M
RETAIL STORES
Est. value
$8.4M
MEDICAL BUILDING
Est. value
$8.3M
INDUSTRIAL (GENERAL)
Est. value
$4.5M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
1977
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
595
Rooms
22
Lot
4 ac
Current owner
From public records · entity-resolved
Skc 2 Family Trust
Trust
Free & Clear · 7 yrs held
Mailing address
2511 S HWY 77, LYNN HAVEN, FL 32444-4719
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2019
—
Skc 2 Family Trust
Chavers,sammy C & Kathy S
Quit Claim Deed
related
—
Nov 17, 2003
—
Sammy C Chavers
—
Trustees Deed
related
$325,000 · Southtrust Bank NA
Jan 23, 2002
$1,050,000
Sammy C Chavers
Chavers,gerald M & Patricia L
Grant Deed
related
$1,200,000 · First National Bank Nw Florida
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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