Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,330,000
Retail space
461 Sand Mine Rd Defuniak Springs, FL 32435-5740
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-7649262
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Construction
STEEL FRAME
Total area
25,115 SF
Lot
11.57 ac (503,989 SF)
APN
28-3N-21-37000-006-0011
UPID
US18-7649262
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
-
I-10 Truck Center Car Dealership
-
Truckworx Kenworth - Defuniak Springs, FL Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.28M
CAP Approach
CAP
$4.46M
Comparable Approach
Comparable
$3.31M
Blend (final)
Blend
$4.33M
Owner & transaction history
Whm Properties Defuniak Springs LLC · 2 yrs held
Whm Properties Defuniak Springs LLC
since 2023
Last sale
$4.3M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$3.0M
+29.3%
Office building
$2.9M
+24.3%
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 Defuniak Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Defuniak Springs 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
$3,745,000
ML approach
$4,275,000
CAP Approach
CAP Return
Estimation
6%
$4,825,000
6.5%
$4,455,000
7%
$4,135,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,020,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$2,905,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$4.33M
Range $3.90M – $4.76M · ±10% · vs last sale $4.29M (Nov 1 2023)
Last sale anchor
$4.29M
Nov 1 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
$172 / 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
$18,787
Tax year 2023
Assessed value
$2,155,548
Assessed 2023
Previous assessed
$1,477,435
+45.9% YoY
Effective rate
0.87%
On assessed value
Assessed land
$255,095
Assessed improvement
$1,900,453
Land market value
$255,095
Improvement market value
$1,900,453
Total market value
$2,155,548
Applied tax rate
5.0000
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
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2016
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
7
Total area
25,115 SF
Lot
11.57 ac (503,989 SF)
APN
28-3N-21-37000-006-0011
UPID
US18-7649262
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
WAREHOUSE, STORAGE
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.9M
WAREHOUSE, STORAGE
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
2016
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
7
Lot
11.57 ac
Current owner
From public records · entity-resolved
Whm Properties Defuniak Springs LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2220 FINLEY BLVD, BIRMINGHAM, AL 35234-1121
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2023
$4,291,200
Whm Properties Defuniak Springs LLC
Ape 1080 LLC
Warranty Deed
—
Jul 20, 2023
$4,250,000
Ade 1080 LLC
Brigman Properties LLC
Warranty 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
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 461 Sand Mine Rd?
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.
