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Property profile & analytics
OFF-MARKET
Office Spaces
635 Briggs Ln Southport, FL 32409-2303
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-6035352
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1995
Construction
WOOD
Total area
408 SF
Lot
20 ac (871,200 SF)
Zoning code
BC01
APN
07533-450-050
UPID
US18-6035352
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
Ball Ents LLC · 20 yrs held
Ball Ents LLC
since 2006
5 recorded transactions
Zoning & alternative use
BC01 · Southport, FL
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 Southport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southport 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
$4,504
Tax year 2023
Assessed value
$343,690
Assessed 2023
Previous assessed
$350,021
-1.8% YoY
Effective rate
1.31%
On assessed value
Assessed land
$210,000
Assessed improvement
$133,690
Land market value
$210,000
Improvement market value
$133,690
Total market value
$343,690
Applied tax rate
55.0000
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
1995
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Rooms
2
Bathrooms
2
Total area
408 SF
Lot
20 ac (871,200 SF)
Zoning code
BC01
APN
07533-450-050
UPID
US18-6035352
Jurisdiction
BAY
Zoning & alternative use
BC01 · Southport, FLZoning BC01 · permitted uses
BC01 · Southport, FL
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
1995
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Rooms
2
Bathrooms
2
Lot
20 ac
Current owner
From public records · entity-resolved
Ball Ents LLC
Entity
Mailing address
733 BAYWOOD DR, LYNN HAVEN, FL 32444-4404
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2019
—
Ball Ents LLC
—
Deed
related
$155,800 · Us Small Busn Admn
Jun 29, 2006
$310,000
Ball Ents LLC
Glass,delmer R & Brenda
Warranty Deed
$263,500 · Coastal Community Bank
—
—
Ball Ents LLC
—
Deed Of Trust
related
$155,800 · Us Small Busn Admn
—
—
Ball Ents LLC
—
Deed Of Trust
related
$50,000 · First National Bank Nw Florida
—
—
Ball Ents LLC
—
Deed Of Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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