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Property profile & analytics
OFF-MARKET
Retail space
5256 Commerce St Jay, FL 32565
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-6352072
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,630 SF
Lot
0.33 ac (14,337 SF)
Zoning code
CV-1
APN
41-5N-29-0000-07201-0000
UPID
US18-6352072
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
-
KMB Locks (Bike/Boat/Book/etc) Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Opies Kool Stop INC · 6 yrs held
Opies Kool Stop INC
since 2020
Last sale
$169,000
3 recorded transactions
Zoning & alternative use
CV-1 · Jay, 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 Jay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jay 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,757
Tax year 2023
Assessed value
$192,582
Assessed 2023
Previous assessed
$188,098
+2.4% YoY
Effective rate
1.95%
On assessed value
Assessed land
$50,887
Assessed improvement
$141,695
Land market value
$50,887
Improvement market value
$141,695
Total market value
$192,582
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
2
Rooms
5
Bathrooms
1
Total area
20,630 SF
Lot
0.33 ac (14,337 SF)
Zoning code
CV-1
APN
41-5N-29-0000-07201-0000
UPID
US18-6352072
Jurisdiction
SANTA ROSA
Zoning & alternative use
CV-1 · Jay, FL
Zoning CV-1 · permitted uses
CV-1 · Jay, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
2
Rooms
5
Bathrooms
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Opies Kool Stop INC
Entity
Mailing address
5256 COMMERCE ST, JAY, FL 32565
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2020
$169,000
Opies Kool Stop INC
Scott Mike Family Trust
Grant Deed
$160,000 · Scott Mike Family Trust (pt)
Jan 31, 2020
—
Scott,mike Family Trust
Michael D Scott
Quit Claim Deed
related
—
Aug 4, 2011
$125,000
Michael D Scott
Dura-med Southeast INC
Warranty Deed
$25,000 · Dura-med Southeast INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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