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Property profile & analytics
OFF-MARKET
Commercial land
601 Ohio Ave Lynn Haven, FL 32444-1755
Entity Owned
~
Est. High Equity
Property ID
US19-0670495
Property summary
AI-generated overview
This exceptional commercial lot, located at 601 Ohio Avenue in Lynn Haven, Florida (zip code 32404), presents a rare opportunity for investors and developers. Spanning 7,405 square feet, this property boasts a highly desirable corner location at the intersection of 6th Street and Ohio Avenue (Highway 77), ensuring excellent visibility and accessibility. The lot is zoned for General Commercial use, opening up a wide range of development possibilities. Situated in the thriving city of Lynn Haven, this property benefits from a growing local economy and high traffic volume. The scarcity of available corner lots on Ohio Avenue further underscores the unique value of this offering. A survey of the property is readily available for review, and various development options can be explored. The asking price for this prime commercial real estate is $198,000. Don't miss this chance to secure a piece of Lynn Haven's burgeoning commercial landscape. Schedule a site visit today to experience the potential firsthand.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.17 ac (7,500 SF)
APN
09396-000-000
UPID
US19-0670495
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
Conric LLC
Conric LLC
since 2025
Last sale
$140,000
4 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
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
$1,410
Tax year 2023
Assessed value
$89,175
Assessed 2023
Previous assessed
$89,175
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$89,175
Land market value
$89,175
Total market value
$89,175
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Stories
1
Rooms
79
Lot
0.17 ac (7,500 SF)
APN
09396-000-000
UPID
US19-0670495
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
Building & site characteristics
From public records
Heating
NONE
Stories
1
Rooms
79
Lot
0.17 ac
Current owner
From public records · entity-resolved
Conric LLC
Entity
Mailing address
221 WHITE OAKS BLVD, PANAMA CITY, FL 32409-2370
Ownership since
2025
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
Apr 29, 2026
—
Conric LLC
—
Deed
related
$376,000
Jul 25, 2025
$170,000
Conric LLC
Alexander La Pera
Warranty Deed
$136,000 · Champions First Credit Union
Oct 12, 2021
$140,000
Alexander La Pera
M & L Development LLC
Warranty Deed
$115,000 · M & L Development LLC
May 24, 2005
$95,900
Terry L Kirkland
Benson,marie C
Warranty Deed
—
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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