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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Warehouses
5041 Hwy 90 Marianna, FL 32446-7846
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5576196
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2007
Construction
STEEL FRAME
Total area
9,800 SF
Lot
3.46 ac (150,718 SF)
APN
18-4N-09-0000-0110-0000
UPID
US18-5576196
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
$770k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$810k
Owner & transaction history
Safe Storage LLC · 3 yrs held
Safe Storage LLC
since 2023
Last sale
$850,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+30.5%
Restaurant
$935,000
+20.8%
Medical building
$780,000
+1.2%
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 Marianna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marianna 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
$775,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$775,000
Current use
OFFICE BUILDING
$1,010,000
Change: +30% · Conversion: Difficult
RESTAURANT
$935,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$780,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$655,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$810k
Range $729k – $891k · ±10% · vs last sale $850k (Feb 7 2023)
Last sale anchor
$850k
Feb 7 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
$83 / 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
$12,682
Tax year 2023
Assessed value
$965,116
Assessed 2023
Previous assessed
$965,116
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$147,050
Assessed improvement
$818,066
Land market value
$147,050
Improvement market value
$818,066
Total market value
$965,116
Applied tax rate
15.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
8
Stories
1
Total area
9,800 SF
Lot
3.46 ac (150,718 SF)
APN
18-4N-09-0000-0110-0000
UPID
US18-5576196
Jurisdiction
JACKSON
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 Current
Est. value
$775,000
OFFICE BUILDING
Est. value
$1.0M
RESTAURANT
Est. value
$935,000
MEDICAL BUILDING
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$655,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
8
Lot
3.46 ac
Current owner
From public records · entity-resolved
Safe Storage LLC
Entity
Mailing address
6187 LK AVE, ELYRIA, OH 44035-1019
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2023
$850,000
Safe Storage LLC
Safe Storage Of Marianna LLC
Warranty Deed
$1,275,000 · Midsouth Bank
Dec 5, 2017
—
Safe Storage Of Marianna LLC
—
Deed
related
$626,983 · Regions Bk
May 2, 2003
$80,000
Safe Storage Of Marianna LLC
Schrenker,tim & Melissa C
Grant Deed
$80,000 · Suntrust Bank NA
Jun 11, 1999
$80,000
Tim Schrenker
Loving,kerri K
Grant Deed
$81,000 · Regions Bank
—
—
Safe Storage Of Marianna LLC
—
Deed Of Trust
related
$425,000 · Regions Bank
—
—
Safe Storage Of Marianna LLC
—
Loan Modification
related
$626,983 · Regions Bk
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.
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