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Property profile & analytics
FOR SALE
Office buildings
45 Sugar Sand Ln Santa Rosa Beach, FL 32459-7483
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-4680315
For Sale
1 / 33
$3,500,000
45 Sugar Sand Ln, Santa Rosa Beach, FL 32459-7483
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
FRAME
Total area
5,414 SF
Lot
0.38 ac (16,596 SF)
APN
24-3S-19-25120-000-0142
UPID
US18-4680315
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
-
Upward Title & Closing Agency - Florida Title Company
-
Blackwell Insurance Insurance Agency
-
Simone Brady Physician
-
SANTA ROSA BEACH CLINIC Medical Clinic
-
Dr. Svetlana Hanson Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.05M
Owner & transaction history
Jsk LLC · 2 yrs held
Jsk LLC
since 2023
Last sale
$3.1M
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 Santa Rosa Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Rosa Beach 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
$2,960,000
ML approach
$3,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,865,000
Current use
COMMERCIAL (GENERAL)
$1,845,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$3.05M
Range $2.75M – $3.36M · ±10% · vs last sale $3.10M (Dec 20 2023)
Last sale anchor
$3.10M
Dec 20 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
$563 / 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
$9,569
Tax year 2023
Assessed value
$1,102,654
Assessed 2023
Previous assessed
$1,011,366
+9.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$332,160
Assessed improvement
$770,494
Land market value
$332,160
Improvement market value
$770,494
Total market value
$1,102,654
Applied tax rate
7.0000
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 buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1999
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
4
Bathrooms
4
Total area
5,414 SF
Lot
0.38 ac (16,596 SF)
APN
24-3S-19-25120-000-0142
UPID
US18-4680315
Jurisdiction
WALTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.8M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
1999
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
4
Bathrooms
4
Lot
0.38 ac
Current owner
From public records · entity-resolved
Jsk LLC
Entity
Free & Clear · 2 yrs held
Mailing address
416 BUENA VIS ST, ALTUS, OK 73521-1102
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2023
$3,100,000
Jsk LLC
Sugar Sands Suites LLC
Warranty Deed
—
Aug 22, 2017
—
Sugar Sands Suites LLC
Manning Carol J Lvng Tr (lt)
Warranty Deed
—
Jun 11, 2013
—
Manning,carol J Living Trust
Manning,carol J
Quit Claim Deed
related
—
May 10, 2005
$423,700
David W Manning
Gregg-manning Ptshp
Quit Claim Deed
related
—
May 22, 1998
$9,500
Gregg-manning Partnership
Gregg,michael G
Quit Claim Deed
related
$138,500 · Emerald Coast Bank
Feb 28, 1997
$200,000
Gregg-manning Pp
Manning,david W & Carol J
Grant Deed
related
—
Nov 22, 1996
—
David W Manning
Barnard,robert F
Grant Deed
related
—
Jun 17, 1996
$48,000
Robert F Barnard
Wilson,john B
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.
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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