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Property profile & analytics
OFF-MARKET
Estimated value
$1,720,000
Retail space
28-32 Daniel Cir Gulf Breeze, FL 32561
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-6427787
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2022
Total area
10,358 SF
Lot
0.73 ac (31,838 SF)
Zoning code
C1
APN
04-3S-29-0000-00107-0000
UPID
US18-6427787
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
$1.71M
CAP Approach
CAP
$1.72M
Comparable Approach
Comparable
$1.76M
Blend (final)
Blend
$1.72M
Owner & transaction history
Gb Office LLC · 3 yrs held
Gb Office LLC
since 2023
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
C1 · Gulf Breeze, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The primary intent of a commercial district is to serve as a centralized area for business activities, offering goods, services, and amenities to residents, visitors, and local businesses. It aims to promote economic growth, foster community interaction, and enhance urban livability. These districts typically include retail shops, restaurants, offices, and e…
Zone name
Commercial
General category
COMMERCIAL
Zone area
146.36 ac
Source
Realmo
Top alternative use upside
Restaurant
$2.2M
+34.6%
Medical building
$1.8M
+8.2%
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 Gulf Breeze submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gulf Breeze 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
$1,700,000
ML approach
$1,710,000
CAP Approach
CAP Return
Estimation
6%
$1,860,000
6.5%
$1,715,000
7%
$1,590,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,625,000
Current use
RESTAURANT
$2,185,000
Change: +35% · Conversion: Easy
MEDICAL BUILDING
$1,755,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$1,375,000
Change: -15% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,360,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.72M
Range $1.55M – $1.89M · ±10% · vs last sale $2.35M (Jul 5 2023)
Last sale anchor
$2.35M
Jul 5 2023
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
$166 / 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
$15,630
Tax year 2023
Assessed value
$1,154,590
Assessed 2023
Previous assessed
$382,056
+202.2% YoY
Effective rate
1.35%
On assessed value
Assessed land
$382,056
Assessed improvement
$772,534
Land market value
$382,056
Improvement market value
$772,534
Total market value
$1,154,590
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
2022
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
4
Total area
10,358 SF
Lot
0.73 ac (31,838 SF)
Zoning code
C1
APN
04-3S-29-0000-00107-0000
UPID
US18-6427787
Jurisdiction
SANTA ROSA
Zoning & alternative use
C1 · Gulf Breeze, FLZoning C1 · permitted uses
C1 · Gulf Breeze, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The primary intent of a commercial district is to serve as a centralized area for business activities, offering goods, services, and amenities to residents, visitors, and local businesses. It aims to promote economic growth, foster community interaction, and enhance urban livability. These districts typically include retail shops, restaurants, offices, and entertainment venues, designed to be accessible, vibrant, and supportive of diverse economic and cultural opportunities.
Zone name
Commercial
General category
COMMERCIAL
Zone area
146.36 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.6M
RESTAURANT
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (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
2022
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
4
Lot
0.73 ac
Current owner
From public records · entity-resolved
Gb Office LLC
Entity
Mailing address
4655 WOODBINE RD, PACE, FL 32571-8723
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2023
$2,350,000
Gb Office LLC
Sloan Trobaugh Properties LLC
Warranty Deed
$2,500,000 · Synovus Bank
Apr 20, 2020
—
Sloan-trobaugh Properties LLC
Daniel L Sloan
Quit Claim Deed
related
—
Feb 3, 2020
$493,800
Daniel L Sloan
Gbsc Properties LLC
Grant Deed
—
Nov 8, 2010
—
Gulf Breeze Sc LLC
Jenkins,robert B
Grant Deed
related
—
Feb 24, 2010
—
Gbsc Properties LLC
Gulf Breeze LLC
Warranty Deed
—
Jul 2, 2004
$4,911,300
East End Co LLC
Jenkins,robert B
Warranty Deed
$8,700,000 · Archon Financial LP
Jul 2, 2004
$2,266,300
Gulf Breeze Sc LLC
Jenkins,robert B
Warranty Deed
—
Jul 2, 2004
$1,333,400
Jenkins Gbsc LLC
Jenkins,robert B
Warranty Deed
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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