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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Office buildings
5299 Alabama St, Graceville, FL 32440-2105
Entity Owned
24-yr Hold
Free & Clear
Property ID
US18-3329655
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Construction
FRAME
Total area
4,570 SF
Lot
41.88 ac (1,824,293 SF)
APN
03-6N-13-0238-0110-0110
UPID
US18-3329655
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
-
Rex Lumber LLC Mill Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$970k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$643k
Blend (final)
Blend
$920k
Owner & transaction history
Rex Lumber LLC · 24 yrs held
Rex Lumber LLC
since 2002
6 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 Graceville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Graceville 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
by Request
ML approach
$970,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10%
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
$201 / 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
$61,200
Tax year 2023
Assessed value
$3,570,520
Assessed 2023
Previous assessed
$3,570,520
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$125,640
Assessed improvement
$3,444,880
Land market value
$125,640
Improvement market value
$3,444,880
Total market value
$3,570,520
Applied tax rate
6.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1974
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
8
Stories
1
Rooms
10
Total area
4,570 SF
Lot
41.88 ac (1,824,293 SF)
APN
03-6N-13-0238-0110-0110
UPID
US18-3329655
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
Building & site characteristics
From public records
Year built
1974
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
8
Rooms
10
Lot
41.88 ac
Current owner
From public records · entity-resolved
Rex Lumber LLC
Entity
Free & Clear · 24 yrs held
Mailing address
1820 HWY 2ND 2, GRACEVILLE, FL 32440-4124
Ownership since
2002
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 1, 2002
—
Rex Lumber LLC
North Florida Lumber INC
Quit Claim Deed
related
—
Aug 9, 2001
—
North Florida Lumber INC
U S Forest Industries INC
Quit Claim Deed
related
—
Aug 9, 2001
$185,000
North Florida Lumber INC
U S Forest Industries INC
Grant Deed
—
Nov 12, 1996
—
Us Forest Industries INC
Stone Container Corp
Quit Claim Deed
related
—
Sep 11, 1996
—
Forest Industries INC
Stone Container Corp
Quit Claim Deed
related
—
Sep 11, 1996
$240,000
Stone Forest Industries INC
Stone Container Corp
Trustees Deed
related
—
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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