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Property profile & analytics
OFF-MARKET
Office buildings
542398 Us Hwy 1st 1 Callahan, FL 32011-6493
Individually Owned
9-yr Hold
Free & Clear
Property ID
US18-4498239
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1950
Construction
WOOD
Total area
1,312 SF
Lot
0.4 ac (17,225 SF)
Zoning code
CHT
APN
29-2N-25-0000-0035-0000
UPID
US18-4498239
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tim Mccoy · 9 yrs held
Tim Mccoy
since 2016
7 recorded transactions
Zoning & alternative use
CHT · 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
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
$1,777
Tax year 2023
Assessed value
$139,385
Assessed 2023
Previous assessed
$87,153
+59.9% YoY
Effective rate
1.27%
On assessed value
Assessed land
$137,800
Assessed improvement
$1,585
Land market value
$137,800
Improvement market value
$1,585
Total market value
$139,385
Applied tax rate
1.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
4
Bathrooms
1
Total area
1,312 SF
Lot
0.4 ac (17,225 SF)
Zoning code
CHT
APN
29-2N-25-0000-0035-0000
UPID
US18-4498239
Jurisdiction
NASSAU
Zoning & alternative use
CHT · Callahan, FLZoning CHT · permitted uses
CHT · 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
1950
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Tim Mccoy
Individual
Free & Clear · 9 yrs held
Mailing address
451416 OLD DIXIE HWY, CALLAHAN, FL 32011-6168
Ownership since
2016
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
May 17, 2017
—
Jorj INC
—
Deed
related
$300,000 · Ameris Bk
Dec 19, 2016
$85,000
Tim Mccoy
Nassau Commercial Properties
Warranty Deed
—
Dec 8, 2004
$140,000
Nassau Commercial Props LLC
Pitney,charles W
Warranty Deed
$141,044 · Citizens Security Bank
Nov 6, 2003
$86,000
Charles W Pitney
Nye,kenneth W & Sherry A
Grant Deed
$75,000 · Kenneth W & Sherry A Nye
Sep 20, 2002
$45,000
Kenneth Nye
Lewis,tr
Grant Deed
$35,000 · Lewis Trust
Jan 7, 2000
$22,500
James O Whittemore
Whittemore,james O
Grant Deed
related
$30,000 · Profit Sharing Plan & Trust
—
—
Jorj INC
—
Deed Of Trust
related
$300,000 · Ameris 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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