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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Retail properties & Spaces
525 Hwy 20th W Southport, FL 32409-4230
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-6384077
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2022
Construction
STEEL FRAME
Total area
7,230 SF
Lot
16.08 ac (700,445 SF)
Zoning code
BC01
APN
26398-000-000
UPID
US18-6384077
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
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$650k
Owner & transaction history
Southern Land & Soils LLC · 6 yrs held
Southern Land & Soils LLC
since 2020
Last sale
$638,000
7 recorded transactions
Zoning & alternative use
BC01 · Southport, FL
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 Southport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southport 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
$665,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,080,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$1,040,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $638k (Mar 4 2020)
Last sale anchor
$638k
Mar 4 2020
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
$90 / 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
$9,901
Tax year 2023
Assessed value
$774,712
Assessed 2023
Previous assessed
$482,400
+60.6% YoY
Effective rate
1.28%
On assessed value
Assessed land
$482,400
Assessed improvement
$292,312
Land market value
$482,400
Improvement market value
$292,312
Total market value
$774,712
Applied tax rate
55.0000
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 properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2022
Construction
STEEL FRAME
Heating
NONE
Rooms
4
Total area
7,230 SF
Lot
16.08 ac (700,445 SF)
Zoning code
BC01
APN
26398-000-000
UPID
US18-6384077
Jurisdiction
BAY
Zoning & alternative use
BC01 · Southport, FL
Zoning BC01 · permitted uses
BC01 · Southport, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
COMMERCIAL (GENERAL)
RETAIL STORES
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
2022
Construction
STEEL FRAME
Heating
NONE
Rooms
4
Lot
16.08 ac
Current owner
From public records · entity-resolved
Southern Land & Soils LLC
Entity
Mailing address
2910 US HWY 231, BRUNDIDGE, AL 36010-2532
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2020
—
Southern Land & Soils LLC
Lagoon Shores Grand
Warranty Deed
$600,000 · S Rayvon Graham
Jan 6, 2006
$340,000
Lagoon Shores Grand
Syfrett,troy F JR
Warranty Deed
—
Mar 3, 2003
$60,000
Gtc INC
Syfrett,troy F
Grant Deed
—
Dec 12, 2002
$300,000
William E Shaw
Syfrett,troy F
Grant Deed
$340,500 · Patricia B Syfrett
Dec 12, 2002
$340,500
William E Shaw
Syfrett,troy F
Grant Deed
—
May 1, 2002
$20,000
Gt Com
Syfrett,troy
Grant Deed
—
—
—
Troy F Syfrett
—
Deed Of Trust
related
$300,000 · First National Bank Nw 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.
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