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Property profile & analytics
OFF-MARKET
Retail space
257 Nelson Ave Defuniak Springs, FL 32433-7303
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-6061131
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,564 SF
Lot
0.21 ac (8,930 SF)
Zoning code
HWY90
APN
25-3N-19-19070-000-7720
UPID
US18-6061131
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
-
Afterglow Hair Salon Hair Salon Nail Salon
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
Afterglow Salon LLC · 8 yrs held
Afterglow Salon LLC
since 2017
7 recorded transactions
Zoning & alternative use
HWY90 · Defuniak 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 Defuniak Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Defuniak 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
$1,210
Tax year 2023
Assessed value
$140,503
Assessed 2023
Previous assessed
$63,245
+122.2% YoY
Effective rate
0.86%
On assessed value
Assessed land
$93,075
Assessed improvement
$47,428
Land market value
$93,075
Improvement market value
$47,428
Total market value
$140,503
Applied tax rate
1.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
4
Bathrooms
1
Total area
1,564 SF
Lot
0.21 ac (8,930 SF)
Zoning code
HWY90
APN
25-3N-19-19070-000-7720
UPID
US18-6061131
Jurisdiction
WALTON
Zoning & alternative use
HWY90 · Defuniak Springs, FL
Zoning HWY90 · permitted uses
HWY90 · Defuniak Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Defuniak Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Afterglow Salon LLC
Entity
Mailing address
2652 WOODYARD RD, DEFUNIAK SPRINGS, FL 32435-8649
Ownership since
2017
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
Aug 24, 2017
$33,200
Afterglow Salon LLC
Josh Nelson
Quit Claim Deed
related
$137,000 · Trustmark National Bank
Aug 6, 2007
$62,200
Josh Nelson
Armbruster Realty INC
Warranty Deed
$64,689 · Citizens Federal Bank Fsb
Jan 23, 2003
$75,000
Armbruster Realthy INC
Harrison,mary R
Grant Deed
$68,000 · Citizens Federal Bank Fsb
Sep 13, 1996
$37,000
Mary R Harrison
Ferrara,andrew P
Grant Deed
$34,000 · Seller
—
—
Josh Nelson
—
Deed Of Trust
related
$131,750 · Banktrust
—
—
Joshua R Nelson
—
Deed Of Trust
related
$88,880 · Citizens Federal Bank Fsb
—
—
Josh Nelson
—
Loan Modification
related
—
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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