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Property profile

622 Hugh Adams Rd Defuniak Springs, FL 32435

OFF-MARKET
Drive through restaurants
Property ID
US18-8478459
2,568 SF 0.62 ac lot Built 2022
Last sale Oct 2025 · $1,766,430
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is a corner-lot restaurant site previously built and operated as a Western Sizzlin Steak House and later configured for operation as a McLeans Steak House. It is located at the intersection of Hwy 331 and Hugh Adams Road, where there is a traffic light at the corner. The site is positioned for access via the first access road off I-10 when traveling north on Hwy 331, and the immediate surroundings include retail development such as Lowe’s, with the area serving as a major stopping point for travelers heading home from the beach or exiting north off I-10.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$1.71M
Assessed land$331k
Assessed improvement$1.37M
Effective rate1.38%

Value estimate

· Nov 2026
$2.27M
$2.04M – $2.50M
AI approach$2.27M
Submarket $/SF estimate$1.27M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$297/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$78 – $493

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
3310
JurisdictionWALTON

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.1
Building Supply8.9
Plumbing Service8.8

Location

622 Hugh Adams Rd Defuniak Springs, FL 32435-3435
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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