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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Office buildings
645 Compass Lk Dr Alford, FL 32420-6129
Individually Owned
3-yr Hold
Free & Clear
Property ID
US18-0444267
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1942
Construction
FRAME
Total area
6,905 SF
Lot
32.94 ac (1,434,729 SF)
APN
02-2N-11-0095-4000-0EE2
UPID
US18-0444267
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
-
Olle's Restaurant (Reservations Requested) Restaurant
-
Compass Lake In the Hills Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$908k
Blend (final)
Blend
$855k
Owner & transaction history
Linda Marie Williams · 3 yrs held
Linda Marie Williams
since 2023
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$540,000
+14.8%
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 Alford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alford 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$540,000
Change: +15% · Conversion: Moderate
Blend value · Realmo final
$855k
Range $770k – $941k · ±10%
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
$124 / 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
$9,480
Tax year 2023
Assessed value
$721,476
Assessed 2023
Previous assessed
$721,476
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$274,220
Assessed improvement
$447,256
Land market value
$274,220
Improvement market value
$447,256
Total market value
$721,476
Applied tax rate
17.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1942
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Stories
1
Units
6
Rooms
12
Bathrooms
7
Total area
6,905 SF
Lot
32.94 ac (1,434,729 SF)
APN
02-2N-11-0095-4000-0EE2
UPID
US18-0444267
Jurisdiction
JACKSON
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
$540,000
RETAIL STORES
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
1942
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Units
6
Rooms
12
Bathrooms
7
Lot
32.94 ac
Current owner
From public records · entity-resolved
Linda Marie Williams
Individual
Free & Clear · 3 yrs held
Mailing address
645 COMPASS LK DR, ALFORD, FL 32420-6129
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2023
—
Linda Marie Williams
Jacob Randall Williams
Deed
related
—
Feb 15, 2023
$5,400
Melchor Salazar Estefonia
Robert Lafrance
Warranty Deed
—
May 31, 2022
$13,900
Braim Roman
Robert Lafrance
Warranty Deed
—
Nov 23, 2021
$6,000
Alan B Sheppard
David D Garrison
Warranty Deed
—
Sep 20, 2021
—
Harlan N Harlow
Jessie L Norton
Quitclaim Deed
related
—
Sep 18, 2007
—
Compass Lk Of Hills Prop Owners A
—
Trustees Deed
related
$25,147 · Bank Of Jackson County
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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