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Property profile & analytics
OFF-MARKET
Warehouses
601 Bay St Bunnell, FL 32110-7651
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US18-2993587
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1999
Lot
0.24 ac (10,454 SF)
Zoning code
L-1
APN
10-12-30-0850-02580-0010
UPID
US18-2993587
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
Ronald Lopez · 15 yrs held
Ronald Lopez
since 2011
4 recorded transactions
Zoning & alternative use
L-1 · Bunnell, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to provide areas in which the principal use of land is for light manufacturing, fabricating, and assembly plants, business, services, offices, retail, storage, warehousing, wholesaling and distribution. The intent of this district is to permit and regulate uses so that the noise, odor, dust, and glare of each operation is cont…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,535.73 ac
Source
Realmo
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 Bunnell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bunnell 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
$740
Tax year 2023
Assessed value
$33,326
Assessed 2023
Previous assessed
$33,326
+0.0% YoY
Effective rate
2.22%
On assessed value
Assessed land
$24,976
Assessed improvement
$8,350
Land market value
$24,976
Improvement market value
$8,350
Total market value
$33,326
Applied tax rate
14.0000
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
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
1999
Heating
YES
Cooling
YES
Lot
0.24 ac (10,454 SF)
Zoning code
L-1
APN
10-12-30-0850-02580-0010
UPID
US18-2993587
Jurisdiction
FLAGLER
Zoning & alternative use
L-1 · Bunnell, FLZoning L-1 · permitted uses
L-1 · Bunnell, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to provide areas in which the principal use of land is for light manufacturing, fabricating, and assembly plants, business, services, offices, retail, storage, warehousing, wholesaling and distribution. The intent of this district is to permit and regulate uses so that the noise, odor, dust, and glare of each operation is controlled to prevent becoming a nuisance to adjacent land uses. These regulations are intended to prevent frictions between uses within the district and also to protect nearby residential districts. This district is compatible with the industrial land use designation.
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,535.73 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1999
Heating
YES
Cooling
Yes
Lot
0.24 ac
Current owner
From public records · entity-resolved
Ronald Lopez
Individual
Mailing address
PO BOX 2502, BUNNELL, FL 32110-2502
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2011
$38,000
Ronald Lopez
Peters,robert A & Maria O
Warranty Deed
$28,000 · Robert A & Maria O Peters
Nov 19, 2007
$60,000
Robert A Peters
1 4 Haul Trucking INC
Warranty Deed
—
Sep 16, 2005
$27,000
One 4 Haul Trucking INC
Cooper,george B
Warranty Deed
—
Aug 2, 1999
$2,500
George B Cooper
Dozier,jessie L
Grant 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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