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Property profile & analytics
OFF-MARKET
Office Spaces
3850 County Rd 386th S, Port St Joe, FL 32456-5652
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0516002
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2006
Construction
FRAME
Total area
7,185 SF
Lot
1.01 ac (43,996 SF)
Zoning code
R1
APN
03488-004R
UPID
US18-0516002
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
Deeson Ac And Heating INC · 1 yrs held
Deeson Ac And Heating INC
since 2024
Last sale
$494,000
7 recorded transactions
Zoning & alternative use
R1 · Port St Joe, 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 Port St Joe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port St Joe 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
$3,815
Tax year 2023
Assessed value
$306,379
Assessed 2023
Previous assessed
$306,379
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$13,736
Assessed improvement
$292,643
Land market value
$13,736
Improvement market value
$292,643
Total market value
$306,379
Applied tax rate
8.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Bathrooms
2
Total area
7,185 SF
Lot
1.01 ac (43,996 SF)
Zoning code
R1
APN
03488-004R
UPID
US18-0516002
Jurisdiction
GULF
Zoning & alternative use
R1 · Port St Joe, FL
Zoning R1 · permitted uses
R1 · Port St Joe, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port St Joe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Bathrooms
2
Lot
1.01 ac
Current owner
From public records · entity-resolved
Deeson Ac And Heating INC
Entity
Mailing address
112 E KELLEY DR, PORT ST JOE, FL 32456-5765
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 23, 2024
$494,000
Deeson Ac And Heating INC
Mark Milton
Warranty Deed
$431,000 · Mark Milton Etux
Feb 9, 2023
—
Mark Averitt Milton
—
Deed
related
$1,347,000 · Central Bank
Jun 22, 2022
$385,000
Mark Milton
Implementation Management Assistanc
Warranty Deed
—
Jul 10, 2018
$400,000
Implementation Mgmt Assistance
Toz LLC
Warranty Deed
—
Sep 12, 2005
—
Rebecca King
Stomp,carrie
Quit Claim Deed
related
—
Aug 3, 2005
—
Toz INC
—
Trustees Deed
related
$529,429 · Capital City Bank
Sep 1, 2004
$60,000
Toz LLC
Stomp,carrie L
Warranty Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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