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Property profile & analytics
OFF-MARKET
Outlet malls
3310 Hwy 231 Cottondale, FL 32431-6906
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US19-0759818
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2003
Construction
STEEL FRAME
Total area
8,640 SF
Lot
0.75 ac (32,801 SF)
APN
30-5N-11-0091-0000-0171
UPID
US19-0759818
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
Shannon L Davis · 6 yrs held
Shannon L Davis
since 2020
Last sale
$120,000
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 Cottondale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cottondale 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
$1,823
Tax year 2023
Assessed value
$138,731
Assessed 2023
Previous assessed
$138,731
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$52,506
Assessed improvement
$86,225
Land market value
$52,506
Improvement market value
$86,225
Total market value
$138,731
Applied tax rate
15.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2003
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
6
Total area
8,640 SF
Lot
0.75 ac (32,801 SF)
APN
30-5N-11-0091-0000-0171
UPID
US19-0759818
Jurisdiction
JACKSON
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
2003
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
6
Lot
0.75 ac
Current owner
From public records · entity-resolved
Shannon L Davis
Individual
Mailing address
2989 CALEDONIA ST, MARIANNA, FL 32446-3005
Ownership since
2020
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
Jul 9, 2020
$120,000
Shannon L Davis
3310 Us Highway 231 Realt
Grant Deed
$112,000 · 3310 Us Hwy 231 Realty Tr (ct)
Jul 3, 2018
—
3310 Us Highway 231 Realty Trust
—
Deed
related
$235,173 · Insight Cu
Jun 22, 2018
—
3310 Us Highway 231 Realty Trust
—
Deed
related
$235,173 · Insight Cu
Jun 25, 2013
$375,000
3310 Us Highway 231 Realty Tru Trust
Miller,nancy L
Grant Deed
$281,250 · Insight Financial Cu
Jan 4, 2006
$420,000
Nancy L Miller
Best Florida LLC
Special Warranty Deed
$307,500 · Wells Fargo Bank NA
—
—
3310 Us Highway 231 Realty Trust
—
Loan Modification
related
$235,173 · Insight Cu
—
—
3310 Us Highway 231 Realty Trust
—
Loan Modification
related
$235,173 · Insight Cu
—
—
Best Florida LLC
—
Deed Of Trust
related
$225,000 · Compass Bank
—
—
Best Florida LLC
—
Deed Of Trust
related
$225,000 · Compass Bank
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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