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Property profile & analytics
OFF-MARKET
Retail space
6 Fairview Rd Marianna, FL 32448-7168
Individually Owned
4-yr Hold
Free & Clear
Property ID
US18-4267389
Property summary
AI-generated overview
This exceptional 3,108 sq ft commercial building, constructed in 1950, sits on a spacious 1-acre lot (43,560 sq ft) at 6 Fairview Rd, Marianna, FL 32448. Previously operating as a bar/lounge for over 13 years, this versatile property presents a unique investment opportunity. The building boasts a covered front porch and paved parking, along with a substantial covered area in the rear. Adding to its potential, the property includes a tenant-occupied mobile home and a metal Quonset hut, providing ample storage space. Its strategic location on County Road 167, between Highway 231 and Marianna, ensures high visibility and traffic flow, as confirmed by both the previous owner and tenant. The asking price is $149,900. This property is zoned for commercial use and offers significant potential for various business ventures. The property is ready for a new owner to bring their vision to life.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,108 SF
Lot
1 ac (43,560 SF)
APN
16-2N-11-0000-0020-0000
UPID
US18-4267389
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
Carolyn Ostrum · 4 yrs held
Carolyn Ostrum
since 2021
1 recorded transaction
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 Marianna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marianna 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
$1,620
Tax year 2023
Assessed value
$123,299
Assessed 2023
Previous assessed
$123,299
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$8,500
Assessed improvement
$114,799
Land market value
$8,500
Improvement market value
$114,799
Total market value
$123,299
Applied tax rate
15.0000
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
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CONVECTION
Cooling
WINDOW A/C
Buildings
2
Stories
1
Units
1
Rooms
2
Bathrooms
2
Total area
3,108 SF
Lot
1 ac (43,560 SF)
APN
16-2N-11-0000-0020-0000
UPID
US18-4267389
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
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CONVECTION
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
2
Bathrooms
2
Lot
1 ac
Current owner
From public records · entity-resolved
Carolyn Ostrum
Individual
Free & Clear · 4 yrs held
Mailing address
444 MCKINNEY LN, ALFORD, FL 32420-6123
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2021
—
Carolyn Ostrum
Harold Drucker
Quit Claim 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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