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Property profile & analytics
OFF-MARKET
Office Spaces
31556 Blue Star Hwy Midway, FL 32343-2437
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-5458398
Property summary
AI-generated overview
This exceptional 18.15-acre industrial property, located at 31556 Blue Star Highway in Midway, Florida (zip code 32343), presents a unique investment opportunity. Situated just over a mile from the I-10 and Highway 90 interchange, this strategically located parcel boasts excellent visibility and accessibility. The property is zoned for industrial use, providing flexibility for a wide range of business ventures. Currently licensed as a scrap and salvage yard, this asset offers immediate operational capabilities. The property's APN is 4-08-1N-2W-0000-00411-0100. Furthermore, the site has received environmental clearance from the Florida Department of Environmental Protection (DEP), ensuring compliance with all regulatory standards. Owner financing is available, making this an attractive proposition for qualified buyers. This is a rare opportunity to acquire a fully licensed and environmentally compliant industrial property in a high-traffic location with convenient access to major transportation arteries.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1989
Construction
FRAME
Total area
828 SF
Lot
18.15 ac (790,614 SF)
APN
4-08-1N-2W-0000-00411-0100
UPID
US18-5458398
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
-
Ace Salvage Inc Auto Repair Shop Vehicle Inspection Center
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
31556 BLUE STAR LLC
31556 BLUE STAR LLC
Zoning & alternative use
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 Midway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Midway 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
$6,562
Tax year 2023
Assessed value
$803,590
Assessed 2023
Previous assessed
$765,276
+5.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$762,300
Assessed improvement
$41,290
Land market value
$762,300
Improvement market value
$41,290
Total market value
$803,590
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1989
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Rooms
2
Bathrooms
2
Total area
828 SF
Lot
18.15 ac (790,614 SF)
APN
4-08-1N-2W-0000-00411-0100
UPID
US18-5458398
Jurisdiction
GADSDEN
Zoning & alternative use
Zoning · permitted uses
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
1989
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
2
Bathrooms
2
Lot
18.15 ac
Current owner
From public records · entity-resolved
31556 BLUE STAR LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2925 PGA BLVD STE #204, PALM BEACH GARDENS, FL 33410-2909
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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