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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Office Spaces
600 Ohio Ave Lynn Haven, FL 32444-1776
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-3045753
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1996
Construction
STEEL FRAME
Total area
12,194 SF
Lot
0.54 ac (23,625 SF)
APN
09389-000-000
UPID
US18-3045753
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
-
Panhandle Engineering Civil Engineer Environmental Engineer
-
Carlson Forest Products LLC Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.13M
Owner & transaction history
Cbf Holdings Of Bay County LLC · 5 yrs held
Cbf Holdings Of Bay County LLC
since 2020
Last sale
$1.0M
7 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 Lynn Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynn Haven 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
$1,070,000
ML approach
$1,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,805,000
Change: -14% · Conversion: Easy
MEDICAL BUILDING
$1,780,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±10% · vs last sale $1.03M (Dec 15 2020)
Last sale anchor
$1.03M
Dec 15 2020
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
$93 / 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
$14,452
Tax year 2023
Assessed value
$910,134
Assessed 2023
Previous assessed
$927,176
-1.8% YoY
Effective rate
1.59%
On assessed value
Assessed land
$280,901
Assessed improvement
$629,233
Land market value
$280,901
Improvement market value
$629,233
Total market value
$910,134
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1996
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
23
Total area
12,194 SF
Lot
0.54 ac (23,625 SF)
APN
09389-000-000
UPID
US18-3045753
Jurisdiction
BAY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.8M
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
23
Lot
0.54 ac
Current owner
From public records · entity-resolved
Cbf Holdings Of Bay County LLC
Entity
Mailing address
600 OHIO AVE, LYNN HAVEN, FL 32444-1776
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2023
—
Cbf Holdings Of Bay County LLC
—
Deed
related
$1,000,000 · Whitney Bank
Dec 15, 2020
$1,025,000
Cbf Holdings Of Bay County LLC
Brock Lawn And Pest Control INC
Special Warranty Deed
$871,250 · Whitney Bank
Sep 13, 2019
—
Brock Lawn Pest Control INC
—
Deed
related
$704,000 · First Federal Bank
May 1, 2019
—
Timothy S Brock
—
Deed
related
$476,500 · Us Small Busn Admn
Jan 25, 2019
—
Timothy S Brock
—
Deed
related
$355,100 · Us Small Busn Admn
Aug 28, 2018
—
Brock Lawn & Pest Control INC
Brock,timothy S
Quit Claim Deed
—
Apr 28, 2017
$825,000
Timothy S Brock
Daddy Doc LLC
Warranty Deed
$742,500
—
—
Timothy S Brock
—
Loan Modification
related
$476,500 · Us Small Busn Admn
—
—
Timothy S Brock
—
Deed Of Trust
related
$355,100 · Us Small Busn Admn
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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