Entity Owned 
For Lease
1 / 178
$6.75 SF/Yr
410 Washington St, Cantonment, FL 32533
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Property summary
AI-generated overview
A 16,418-square-foot industrial warehouse in Cantonment, Florida, near the International Paper Mill and with access to major transportation routes. The property was previously configured for consumer product manufacturing and is positioned adjacent to a rail spur, supporting shipping and receiving operations. The West Building provides 16,418 rentable square feet, including 750 square feet of office space for administrative use. Warehouse loading is served by five dock-high doors and two grade-level doors, and the facility has a 14-foot eave height for storage and operations. The site includes a 2.75-acre shared lot and an additional 1-acre laydown area for outdoor storage or equipment, and the building is suited for leasing under a triple-net (NNN) structure with negotiable terms.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1963
Construction
METAL FRAME
Total area
23,445 SF
Lot
1.8 ac (78,408 SF)
Zoning code
IND
APN
16-1N-31-1000-019-005
UPID
US18-4905415
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Auto Parts Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.04M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.76M
Owner & transaction history
since 2020
Last sale
$2.4M
2 recorded transactions
Zoning & alternative use
IND · Cantonment, FL
Top alternative use upside
Neighborhood: shopping center
$3.5M
+78.0%
Auto repair, garage
$3.3M
+65.6%
Office building
$3.2M
+58.4%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.76M
Value range
$2.48M – $3.03M
±10% around blend
Estimated value / SF
$118 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
Income certainty
100
$2.48M
blend $2.76M
$3.03M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
23,445 SF
Lot area
1.8 ac
Year built
1963
Stories
1
APN
16-1N-31-1000-019-005
Zoning
IND
Assessed value
$444,130
Annual tax
$7,988
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.04M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.21M
@ 6.5% CAP return
$2.04M
@ 7% CAP return
$1.89M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$7,988
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.76M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 33 sales
$85
+39%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $118/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+78%
vs current-use indication
Auto Repair, Garage
Office Building
Commercial (general)
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
4.80%
Selected cap rate for this flex space
Derived from the Cantonment market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.80%
9.0%
NOI (est.)
$225k *
Last sale · Sep 2020
$2.38M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.68M
Move the market yield to see immediate price impact.
Value / SF
$200
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.30%4.80%5.30%
$202k
$4.70M
$4.21M
$3.82M
$225k
$5.23M
$4.68M
$4.24M
$247k
$5.75M
$5.15M
$4.67M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,988
Tax year 2023
Assessed value
$444,130
Assessed 2023
Previous assessed
$388,843
+14.2% YoY
Effective rate
1.80%
On assessed value
Land market value
$22,500
Improvement market value
$421,630
Total market value
$444,130
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Lease
Year built
1963
Construction
METAL FRAME
Heating
YES
Stories
1
Bathrooms
3
Total area
23,445 SF
Lot
1.8 ac (78,408 SF)
Zoning code
IND
APN
16-1N-31-1000-019-005
UPID
US18-4905415
Jurisdiction
ESCAMBIA
Zoning & alternative use
IND · Cantonment, FLZoning IND · permitted uses
IND · Cantonment, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Construction
METAL FRAME
Heating
YES
Stories
1
Bathrooms
3
Lot
1.8 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
IND
Jurisdiction
Cantonment, FL
Recorded code
IND
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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