Entity Owned 
For Sale
1 / 24
$349,000
2943 Westfield Rd, Gulf Breeze, FL 32563
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Property summary
AI-generated overview
The property consists of two vacant M-1 light industrial land parcels off Oriole Beach Road in Gulf Breeze, Florida, with each parcel containing approximately 0.534 acres (the parcels may be considered separately or together). The site is positioned between Pensacola and Navarre with access to U.S. Highway 98, the Garcon Point Bridge, and Interstate 10, supporting regional connectivity. Reported traffic counts include approximately 5,200 vehicles per day on Oriole Beach Road and approximately 39,500 vehicles per day on Highway 98. The parcels are zoned M-1 light industrial, which supports a range of industrial and service-related uses such as industrial, manufacturing, fabrication, contractor-related uses, warehouse uses, and service uses. The surrounding area includes nearby recreational and natural amenities such as Pensacola Beach, Gulf Islands National Seashore, Tiger Point Golf Club, and Naval Live Oaks Nature Preserve.
Property profile
Verified
Property type
Other industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1979
Total area
792 SF
Lot
0.53 ac (23,300 SF)
Zoning code
M1
APN
31-2S-28-0000-01122-0000
UPID
US18-4963776
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$185k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$205k
Owner & transaction history
since 2021
Last sale
$230,000
5 recorded transactions
Zoning & alternative use
M1 · Gulf Breeze, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$205k
Value range
$185k – $226k
±10% around blend
Estimated value / SF
$259 / SF
Confidence
Property data
100
Comparable evidence
60
$185k
blend $205k
$226k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
792 SF
Lot area
0.53 ac
Year built
1979
Stories
1
APN
31-2S-28-0000-01122-0000
Zoning
M1
Assessed value
$82,500
Annual tax
$1,159
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$205k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$230k
Move the market yield to see immediate price impact.
Value / SF
$290
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$14k
$290k
$207k
$161k
$16k
$322k
$230k
$179k
$18k
$354k
$253k
$197k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,159
Tax year 2023
Assessed value
$82,500
Assessed 2023
Previous assessed
$82,500
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$82,500
Land market value
$82,500
Total market value
$82,500
Applied tax rate
14.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
For Sale
Year built
1979
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
792 SF
Lot
0.53 ac (23,300 SF)
Zoning code
M1
APN
31-2S-28-0000-01122-0000
UPID
US18-4963776
Jurisdiction
SANTA ROSA
Zoning & alternative use
M1 · Gulf Breeze, FLZoning M1 · permitted uses
M1 · Gulf Breeze, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1979
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.53 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M1
Jurisdiction
Gulf Breeze, FL
Recorded code
M1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M1 in Gulf Breeze, FL.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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