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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Warehouses
340 Miracle Strip Pkwy Mary Esther, FL 32569-1926
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3061799
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Construction
STEEL FRAME
Total area
10,290 SF
Lot
0.6 ac (26,134 SF)
APN
16-2S-24-0000-0034-0010
UPID
US18-3061799
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
-
buy | sell | rent Real Estate Agency
-
Aaron Taylor Realtor Real Estate Agency
-
Rob Dunkerson, Realtor Real Estate Agency
-
Hillary Driscoll Olds, Realtor; World Impact Real Estate Real Estate Agency
-
Robert Nay - World Impact Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$727k
Blend (final)
Blend
$565k
Owner & transaction history
Joseph M Zuppa · 1 yrs held
Joseph M Zuppa
since 2024
Last sale
$5,000
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 Mary Esther submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mary Esther 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
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $5k (Sep 12 2024)
Last sale anchor
$5k
Sep 12 2024
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
$55 / 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
$4,936
Tax year 2023
Assessed value
$368,375
Assessed 2023
Previous assessed
$368,375
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$38,939
Assessed improvement
$329,436
Land market value
$38,939
Improvement market value
$329,436
Total market value
$368,375
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
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
14
Rooms
4
Total area
10,290 SF
Lot
0.6 ac (26,134 SF)
APN
16-2S-24-0000-0034-0010
UPID
US18-3061799
Jurisdiction
OKALOOSA
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
2005
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
14
Rooms
4
Lot
0.6 ac
Current owner
From public records · entity-resolved
Joseph M Zuppa
Individual
Free & Clear · 1 yrs held
Mailing address
401 COBIA AVE NW UNIT #18, FORT WALTON BEACH, FL 32548-6927
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2024
—
Joseph M Zuppa
Joseph M Zuppa
Intrafamily Transfer
related
—
Oct 5, 2023
—
Joseph M Zuppa
Donna Marie Zuppa Ansell
Intrafamily Transfer
related
—
Feb 25, 2005
—
Zuppa Trust
Zuppa,william E
Quit Claim Deed
related
—
Nov 30, 2000
$5,000
Joseph M Zuppa
Wimco Realty INC
Grant Deed
—
Sep 18, 2000
$30,000
Louis D Pryor
Pryor,osborne W & Elizabeth M
Grant Deed
related
—
Feb 24, 2000
$10,000
Joseph M Zuppa
Pryor,osborne W & Elizabeth M
Grant Deed
—
Sep 20, 1999
$10,000
Wimco Realty INC
Pryor,osborne W & Elizabeth M
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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