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Property profile & analytics
OFF-MARKET
Drive through restaurants
331 Sue Ln Defuniak Springs, FL 32435
Entity Owned
Free & Clear
Property ID
US18-1716055
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2023
Total area
4,875 SF
Lot
1.64 ac (71,438 SF)
APN
10-2N-19-18000-001-0110
UPID
US18-1716055
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
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
Caseys Marketing Company
Caseys Marketing Company
since 2026
Last sale
$59,950
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 Defuniak Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Defuniak Springs 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
$10,986
Tax year 2023
Assessed value
$795,109
Assessed 2023
Effective rate
1.38%
On assessed value
Assessed land
$795,109
Land market value
$795,109
Total market value
$795,109
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
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2023
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
4,875 SF
Lot
1.64 ac (71,438 SF)
APN
10-2N-19-18000-001-0110
UPID
US18-1716055
Jurisdiction
WALTON
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
2023
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.64 ac
Current owner
From public records · entity-resolved
Caseys Marketing Company
Entity
Free & Clear · 0 yrs held
Mailing address
1 LEAGUE UNIT #61843, IRVINE, CA 92602-7085
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
48 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2026
—
Caseys Marketing Company
Fikes Wholesale LLC
Quitclaim Deed
related
—
Jan 12, 2026
$2,250,000
Miccosukee Tribe Of Indians Of Flor
Wallace Enterprises Of Nw Fla INC
Warranty Deed
—
Aug 14, 2025
—
Manty Tree LLC
Walton County Economic Development
Special Warranty Deed
—
Jun 5, 2025
—
John W Finch JR
John W Finch JR
Deed
related
—
Mar 26, 2025
—
Hunter Winn
Milam Kolt
Quitclaim Deed
related
—
Feb 26, 2025
$2,293,573
North Walton Healthcare Mob LLC
North Walton Healthcare Campus LLC
Deed
related
—
Jul 15, 2024
—
North Walton Healthcare Campus LLC
—
Deed
related
$6,407,602 · Yellowfin Capital Management LLC
Jan 31, 2024
—
Eotl LLC
Panoply Properties LLC
Warranty Deed
—
Nov 22, 2023
—
North Walton Healthcare Campus LLC
—
Deed
related
$6,407,602 · Yellowfin Capital Management LLC
Nov 2, 2023
$59,950
Nalome One LLC
Defuniak Springs Cfa LLC
Warranty Deed
—
Aug 18, 2023
$10,000,000
North Walton Healthcare Campus LLC
James H Thompson
Special Warranty Deed
$6,407,602 · James Thompson
Jul 28, 2023
$275,000
Hunter Winn
Omega Mccullers
Special Warranty Deed
—
Jul 20, 2023
$4,140,000
Okaloosa Hospital INC
Fikes Wholesale INC
Special Warranty Deed
—
Jul 20, 2023
$10,550,000
Fikes Wholesale INC
Ann M Chynoweth
Special Warranty Deed
—
Jul 12, 2023
$250,000
Wewould Defuniak LLC
Walton Plaza LLC
Warranty Deed
$125,000 · Emolas Group INC
May 10, 2023
$290,000
James B Castelin
Karen Schwerdtfeger
Warranty Deed
—
Mar 9, 2023
—
Accentuate Partners LLC
Panoply Properties LLC
Warranty Deed
—
Jan 17, 2023
—
Michael David Bennett
Steven R Bennett
Deed
related
—
Dec 19, 2022
—
Steven R Bennett
Steven R Bennett
Deed
related
—
Nov 15, 2022
—
Ann M Chynoweth
Ann M Chynoweth
Deed
related
—
Aug 22, 2022
—
Steven R Bennett
Steven R Bennett
Deed
related
—
May 26, 2022
$6,500,000
Sage 393 Holdings LLC
Gulf Walton INC
Warranty Deed
$5,040,000 · Capital City Bank
Apr 11, 2022
$65,000
Garvie Family Investment LLC
Lakewood Development LLC
Warranty Deed
—
Dec 10, 2021
$185,000
Binaben Patel
Clifford O Trentman
Warranty Deed
—
Jun 16, 2021
$275,000
John W Finch JR
Michael D Clark
Warranty Deed
$125,000 · Michael Clark
May 17, 2021
$450,000
William W Abbot JR
Debra Gallina
Warranty Deed
—
May 12, 2021
—
Tenet Coastal Partners INC
—
Deed
related
$500,000 · Southpoint Bank
Apr 8, 2021
$375,000
Fulcrum Building Group LLC
Walton County Economic Dev Council
Warranty Deed
—
Apr 6, 2021
—
Speedway LLC
Gulf Walton INC
Warranty Deed
—
Apr 5, 2021
—
Jeffrey L Trent
Raymond D Trent
Deed
related
—
Sep 22, 2020
$550,000
Tenet Coastal Partners INC
Geraldine S Demarco
Warranty Deed
—
Sep 11, 2020
$53,000
Richard T Thomas
Walton Cnty Economic Dev Counc
Warranty Deed
—
Jun 3, 2020
—
Michael D Clark
—
Deed
related
$30,000 · Fnbt Bk
May 7, 2020
—
Eldred,donald B Tr
Donald B Eldred
Quitclaim Deed
related
—
Dec 30, 2019
$1,185,600
Walton Cnty Economic Dev Counc
Bomer-blanks Lumber Co INC
Warranty Deed
—
Jan 11, 2019
$100
Bomer-blanks Lumber Co
Bomer Blanks Florida Prop LLC
Quitclaim Deed
related
—
Sep 21, 2018
$350,000
Israel T Ramirez
First City Holdings LLC
Warranty Deed
$560,000 · First Cty Bk/fl
Sep 20, 2018
—
George Kamzik
Grease Pro INC
Grant Deed
related
—
Aug 17, 2018
—
Edwards,linard & Sue Trust
Edwards,linard & Sue
Quitclaim Deed
related
—
Jun 28, 2018
—
Bomer Blanks Florida Prop LLC
Bomer-blanks Lumber Co
Quitclaim Deed
related
—
Jun 21, 2018
$20,000
George Kamzik
Grease Pro INC
Grant Deed
—
Apr 5, 2018
—
Lakewood Dev LLC
Trinity LLC
Quitclaim Deed
related
—
Mar 8, 2018
$65,000
Greg A Finney
Shipp,mark E
Warranty Deed
—
Feb 2, 2018
—
Demarco,marsicano Living Trust
Demarco,geraldine S
Quitclaim Deed
related
—
Jul 11, 2016
—
Cheryl G Aldridge
Garrison,joseph R & Joseph R
Quitclaim Deed
related
—
Jun 3, 2016
—
Stacy Brown
Trentman,clifford O
Grant Deed
related
—
May 27, 2016
$5,000
First Cty Bk Of Fl
Griffin H M Family Trust
Warranty Deed
related
—
May 19, 2016
—
Debra Gallina
Leblanc Alvin J
Grant Deed
—
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.
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