New search
Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Retail space
3171 Gulf Breeze Pkwy, Gulf Breeze, FL 32563-3247
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-5026790
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,960 SF
Lot
0.93 ac (40,426 SF)
Zoning code
HCD
APN
30-2S-28-0000-00901-0000
UPID
US18-5026790
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
-
Farm Bureau Insurance Insurance Agency
-
Bigham Cable Construction Inc General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$627k
Blend (final)
Blend
$555k
Owner & transaction history
Conner Ent 24 LLC · 10 yrs held
Conner Ent 24 LLC
since 2016
7 recorded transactions
Zoning & alternative use
HCD · Gulf Breeze, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$915,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$80 / 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
$4,678
Tax year 2023
Assessed value
$353,912
Assessed 2023
Previous assessed
$319,232
+10.9% YoY
Effective rate
1.32%
On assessed value
Assessed land
$170,652
Assessed improvement
$183,260
Land market value
$170,652
Improvement market value
$183,260
Total market value
$353,912
Applied tax rate
14.0000
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
4
Rooms
7
Bathrooms
3
Total area
6,960 SF
Lot
0.93 ac (40,426 SF)
Zoning code
HCD
APN
30-2S-28-0000-00901-0000
UPID
US18-5026790
Jurisdiction
SANTA ROSA
Zoning & alternative use
HCD · Gulf Breeze, FL
Zoning HCD · permitted uses
HCD · Gulf Breeze, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gulf Breeze. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$915,000
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
4
Rooms
7
Bathrooms
3
Lot
0.93 ac
Current owner
From public records · entity-resolved
Conner Ent 24 LLC
Entity
Mailing address
2505 ABBIE ELIZABETH CT, GULF BREEZE, FL 32563-5540
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2016
$350,000
Conner Ent 24 LLC
Logistics By Major LLC
Warranty Deed
$280,000 · Coastal Bk&tr
Mar 27, 2012
—
Logistics By Major LLC
Humbaugh,william R
Quit Claim Deed
related
—
Nov 30, 2011
$250,000
William R Humbaugh
Bayview Ln Svcg LLC
Grant Deed
—
Apr 26, 2010
—
Bayview Ln Svcg LLC
Bohatka,william & Gail Coc
Trustees Deed
related
—
Dec 14, 2006
—
William Bohatka
Bohatka Realty Investor Partners Lt
Quit Claim Deed
related
$429,000 · Dba Equity One Financial INC
Apr 9, 2002
$450,000
Bohatka Realty Inv Partner
Newkirk,harry E & Susan G
Grant Deed
$350,000 · Destin Bank
Jun 30, 1999
$293,000
Harry E Newkirk
Bryan,r D
Grant Deed
$234,400 · First American Bank Pensacola
Feb 21, 1997
—
R D Bryan
Stamps,britton
Quit Claim Deed
related
—
—
—
William Bohatka
—
Deed Of Trust
related
$572,000 · Silver Hill Financial LLC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3171 Gulf Breeze Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
