Back to Search
Property profile & analytics
OFF-MARKET
Specialty properties
323 Lakeshore Dr Madison, FL 32340-2732
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-2798326
Property profile
Verified
Property type
Specialty properties
Use group
CREMATORIUM, MORTUARY
Year built
1944
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,153 SF
Lot
0.79 ac (34,412 SF)
APN
00-00-00-4092-000-000
UPID
US18-2798326
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
-
Burns Funeral Home of Madison, 323 SE Lakeshore Drive, Madison, FL 32340 Social Service Agency
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
Nature Coast Services LLC · 13 yrs held
Nature Coast Services LLC
since 2013
7 recorded transactions
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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
$6,648
Tax year 2023
Assessed value
$300,144
Assessed 2023
Previous assessed
$271,324
+10.6% YoY
Effective rate
2.21%
On assessed value
Assessed land
$84,875
Assessed improvement
$215,269
Land market value
$84,875
Improvement market value
$215,269
Total market value
$300,144
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
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
Specialty properties
Use group
CREMATORIUM, MORTUARY
Status
Off-Market
Year built
1944
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
8
Bathrooms
2
Total area
8,153 SF
Lot
0.79 ac (34,412 SF)
APN
00-00-00-4092-000-000
UPID
US18-2798326
Jurisdiction
MADISON
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
1944
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
2
Lot
0.79 ac
Current owner
From public records · entity-resolved
Nature Coast Services LLC
Entity
Mailing address
1400 N JOHNSON STRIPLING RD, PERRY, FL 32347-1504
Ownership since
2013
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
Nov 7, 2023
—
Nature Coast Services LLC
—
Deed
related
$30,000 · First Federal Bank
Jun 10, 2019
—
Nature Coast Services LLC
—
Deed
related
$50,000 · First Fed'l Svgs Bk
Sep 21, 2018
—
Nature Coast Services LLC
—
Deed
related
$2,268,896 · First Federal Bank
Jun 3, 2013
$140,000
Nature Coast Services LLC
Cherry,carson L JR & Julie G
Warranty Deed
—
May 22, 2006
$95,000
Carson L Cherry JR.
Russell,rosalie P
Warranty Deed
$250,000 · Madison County Community Bank
May 22, 2006
—
Carson L Cherry JR.
City Of Madison
Quit Claim Deed
related
—
Oct 9, 1996
—
Rosalie P Russell
Van H Priest Estate
Grant Deed
related
—
—
—
Nature Coast Services LLC
—
Deed Of Trust
related
$450,000 · Madison County Community Bank
—
—
Nature Coast Services LLC
—
Deed Of Trust
related
$50,000 · First Fed'l Svgs Bk
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 323 Lakeshore Dr?
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.
