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Property profile & analytics
OFF-MARKET
Research & development properties
3800 Hwy 196 Molino, FL 32577-3988
Individually Owned
Absentee Owner
Free & Clear
Property ID
US19-0428933
Property profile
Verified
Property type
Research & development properties
Use group
WASTE DISPOSAL, SEWAGE
Lot
4.65 ac (202,554 SF)
Zoning code
AGR
APN
18-2N-31-3001-000-240
UPID
US19-0428933
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
Johnny And Leslie Pitts Frt
Johnny And Leslie Pitts Frt
since 2025
6 recorded transactions
Zoning & alternative use
AGR · Molino, FL
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 Molino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Molino 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
$22
Tax year 2023
Assessed value
$1,628
Assessed 2023
Previous assessed
$1,628
+0.0% YoY
Effective rate
1.35%
On assessed value
Land market value
$1,628
Total market value
$1,628
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
Research & development properties
Use group
WASTE DISPOSAL, SEWAGE
Status
Off-Market
Heating
NONE
Lot
4.65 ac (202,554 SF)
Zoning code
AGR
APN
18-2N-31-3001-000-240
UPID
US19-0428933
Jurisdiction
ESCAMBIA
Zoning & alternative use
AGR · Molino, FL
Zoning AGR · permitted uses
AGR · Molino, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Molino. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
4.65 ac
Current owner
From public records · entity-resolved
Johnny And Leslie Pitts Frt
Individual
Free & Clear · 0 yrs held
Mailing address
3312 N 18TH AVE, PENSACOLA, FL 32503-4135
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2025
—
Johnny And Leslie Pitts Frt
Johnny J Pitts
Deed
related
—
Dec 3, 2015
$165,000
Alfred P Bradley IV
United Bk
Grant Deed
$132,000 · United Bk
Aug 21, 2012
$100
United Bk
Brantley Dev INC Coc
Trustees Deed
related
—
Dec 11, 2008
—
H David Brannon
Otoole,james S
Grant Deed
related
—
Mar 1, 2005
—
James S O'toole
Owner Name Unavailable
Quit Claim Deed
related
—
Dec 29, 2004
$79,900
James S O'toole
Brantley Dev INC
Warranty Deed
related
$71,900 · Gulf Coast Community 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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