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Property profile & analytics
OFF-MARKET
Estimated value
$1,815,000
Warehouses
54024 Cravey Rd Callahan, FL 32011-4600
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US18-5129238
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1971
Construction
STEEL FRAME
Total area
26,000 SF
Lot
3 ac (130,681 SF)
Zoning code
CN
APN
03-1N-25-0000-0001-0100
UPID
US18-5129238
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
-
Florida Sun Printing Marketing & Advertising Printing Service
-
Reel Thirsty Ice Big Box & Wholesale Store Distribution Center
-
Accurate Mail Services Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.32M
Blend (final)
Blend
$1.82M
Owner & transaction history
Southern Co Enterprise INC · 22 yrs held
Southern Co Enterprise INC
since 2003
5 recorded transactions
Zoning & alternative use
CN · Callahan, FL
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 Callahan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Callahan 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.82M
Range $1.63M – $2.00M · ±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
$70 / 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
$4,230
Tax year 2023
Assessed value
$265,046
Assessed 2023
Previous assessed
$188,708
+40.5% YoY
Effective rate
1.60%
On assessed value
Assessed land
$69,478
Assessed improvement
$195,568
Land market value
$69,478
Improvement market value
$195,568
Total market value
$265,046
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
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1971
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
3
Total area
26,000 SF
Lot
3 ac (130,681 SF)
Zoning code
CN
APN
03-1N-25-0000-0001-0100
UPID
US18-5129238
Jurisdiction
NASSAU
Zoning & alternative use
CN · Callahan, FLZoning CN · permitted uses
CN · Callahan, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Town of Callahan
Building & site characteristics
From public records
Year built
1971
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Lot
3 ac
Current owner
From public records · entity-resolved
Southern Co Enterprise INC
Entity
Mailing address
PO BOX 627, CALLAHAN, FL 32011-0627
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2020
—
Southern Co Ent INC Florida Su
—
Deed
related
$449,968 · Southeastern Bk
Apr 3, 2019
—
Souhtern Company Enterprise INC
—
Deed
related
$449,968 · Southeastern Bank
Dec 17, 2003
$380,000
Southern Co Enterprise INC
Southern Newspapers Alabama In
Grant Deed
related
$3,231,291 · Southern Newspapers Alabama In
—
—
Southern Co Ent INC Florida Su
—
Loan Modification
related
$449,968 · Southeastern Bk
—
—
Delores Witcher
—
Deed Of Trust
related
$40,556 · Wachovia Bank NA
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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