Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Commercial real estate
32410 Blue Star Hwy Midway, FL 32343-2411
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-0183119
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1977
Construction
STEEL FRAME
Total area
20,910 SF
Lot
9.7 ac (422,532 SF)
APN
4-09-1N-2W-0000-00442-0100
UPID
US18-0183119
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
-
Equix, Inc. General Contractor
-
Equix energy services LLC Freight Service Logistics Company
-
Equix Energy Services LLC. Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$745k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$930k
Owner & transaction history
Gateway Outdoor Displays LLC · 3 yrs held
Gateway Outdoor Displays LLC
since 2023
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 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
Method
Estimation
Statistic approach
by Request
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±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
$44 / 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
$32,955
Tax year 2023
Assessed value
$1,719,043
Assessed 2023
Previous assessed
$1,685,683
+2.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$448,140
Assessed improvement
$1,270,903
Land market value
$448,140
Improvement market value
$1,270,903
Total market value
$1,719,043
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1977
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
15
Total area
20,910 SF
Lot
9.7 ac (422,532 SF)
APN
4-09-1N-2W-0000-00442-0100
UPID
US18-0183119
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
1977
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
15
Lot
9.7 ac
Current owner
From public records · entity-resolved
Gateway Outdoor Displays LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2910 KERRY FRST PKWY STE D4, TALLAHASSEE, FL 32309-6828
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2023
—
Gateway Outdoor Displays LLC
Midway Fl Kc LLC
Lease
—
Oct 1, 2021
$1,950,000
Midway Fl Kc LLC
Greg Russell
Warranty Deed
—
Mar 2, 2018
—
Gregory P Russell
—
Trustees Deed
related
$100,000 · Pine Lake Mobile Home Park LLC
Apr 10, 2017
—
Greg P Russell
—
Deed
related
$26,850 · Farm Credit Svcs
Feb 3, 2014
$1,450,000
Greg Russell
Sid Gray Rentals LLC
Warranty Deed
$1,350,000 · Gray Sisters LLC
Jan 16, 2009
$73,300
Sid Gray Rentals LLC
S & Pnb LLC
Warranty Deed
$240,000 · Park Avenue Bank
Mar 26, 2007
$1,500,000
Gray Sisters LLC
Kolbuss Investments Ptr
Warranty Deed
$1,250,000 · Sidney E Gray
—
—
Kolbuss Investments Ptr
—
Deed Of Trust
related
$431,720 · Wakulla Bank
—
—
Kolbuss Investments Ptshp
—
Deed Of Trust
related
$170,000 · Wakulla Bank
—
—
Greg P Russell
—
Deed Of Trust
related
$26,850 · Farm Credit Svcs
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 32410 Blue Star Hwy?
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.
