Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Retail space
4366 Hwy 90 Pace, FL 32571-2065
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-1657581
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1995
Construction
STEEL FRAME
Total area
10,375 SF
Lot
1.4 ac (60,940 SF)
Zoning code
HCD
APN
10-1N-29-0000-02411-0000
UPID
US18-1657581
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
$840k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$808k
Blend (final)
Blend
$895k
Owner & transaction history
Wallace West LLC · 3 yrs held
Wallace West LLC
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
HCD · Pace, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+43.0%
Office building
$1.3M
+35.3%
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 Pace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pace 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
$830,000
ML approach
$840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$970,000
Current use
COMMERCIAL (GENERAL)
$1,385,000
Change: +43% · Conversion: Easy
OFFICE BUILDING
$1,310,000
Change: +35% · Conversion: Easy
Blend value · Realmo final
$895k
Range $806k – $985k · ±10% · vs last sale $1.15M (Feb 8 2023)
Last sale anchor
$1.15M
Feb 8 2023
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
$86 / 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
$11,041
Tax year 2023
Assessed value
$843,190
Assessed 2023
Previous assessed
$769,877
+9.5% YoY
Effective rate
1.31%
On assessed value
Assessed land
$499,200
Assessed improvement
$343,990
Land market value
$499,200
Improvement market value
$343,990
Total market value
$843,190
Applied tax rate
22.0000
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
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
5
Bathrooms
2
Total area
10,375 SF
Lot
1.4 ac (60,940 SF)
Zoning code
HCD
APN
10-1N-29-0000-02411-0000
UPID
US18-1657581
Jurisdiction
SANTA ROSA
Zoning & alternative use
HCD · Pace, FL
Zoning HCD · permitted uses
HCD · Pace, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pace. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$970,000
COMMERCIAL (GENERAL)
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
2
Lot
1.4 ac
Current owner
From public records · entity-resolved
Wallace West LLC
Entity
Mailing address
5568 WOODBINE RD, PACE, FL 32571-8766
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2023
—
Wallace West LLC
—
Deed
related
$550,000 · Whitney Bank
Feb 8, 2023
$1,150,000
Wallace West LLC
Hdms LLC
Warranty Deed
—
Oct 11, 2018
—
Windmill Co LLC
—
Deed
related
$344,406 · Centerstate Bk NA
Feb 3, 2004
$676,500
Windmill Co LLC
Boundurant Lumber & Hardware
Grant Deed
$620,000 · First National Bank Florida
Aug 7, 2003
$155,000
George W Oedsma
Bondurant Lumber & Hardward In
Grant Deed
$124,000 · Access Mortgage
Aug 7, 2003
—
William A Delaney
Bondurant Lumber & Hardware In
Grant Deed
related
—
—
—
Windmill Co LLC
—
Loan Modification
related
$344,406 · Centerstate Bk NA
—
—
Windmill Co LLC
—
Deed Of Trust
related
$434,618 · Charter Bank
—
—
Windmill Co LLC
—
Deed Of Trust
related
$1,242,572 · Charter Bank
—
—
George W Oedsma
—
Deed Of Trust
related
$100,000 · Amsouth Bank
—
—
Windmill Co LLC
—
Deed Of Trust
related
$1,076,850 · Charter Bank
—
—
Windmill Co LLC
—
Loan Modification
related
$1,176,815 · Charter Bank
—
—
George W Oedsma
—
Deed Of Trust
related
$37,000 · Amsouth Bank
—
—
Windmill Co LLC
—
Deed Of Trust
related
$900,000 · First National Bank Florida
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4366 Hwy 90?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
