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    Property profile & analytics

    6531 Caroline St Milton, FL 32570-4779

    • Retail properties
    • 21,664 SF
    • 4.41 lot acres
    OFF-MARKET
    Value Estimation
    $5,055,000
    Last Sale
    Dec 14, 2020
    $5,100,000
    Location Intelligence
    Property ID
    US18-6260495
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tractor Supply Co. / Home Improvement Store / Pet Store

    Property Details for 6531 Caroline St

    Year built
    2012
    Construction
    STEEL FRAME
    Lot size
    4.41 lot acres
    Property size
    21,664 SF
    Zone code
    C2
    Property type
    Retail properties
    APN
    04-1N-28-0000-11700-0000
    APU
    041N280000117000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,190,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,180,000
      6.5%
      $4,720,000
      7%
      $5,195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,975,000
      Geo Method
      $4,795,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,505,000
      Retail
      $4,665,000
      Mixed-Use
      $5,360,000
      Hospitality
      $5,105,000
      Educational
      $4,065,000
      Residential Income
      $4,485,000
      Energy
      $4,295,000
      Income-Based Land
      $4,090,000
      Food Service
      $4,585,000

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.0488
    Latitude
    30.6182
    CBSA code
    37860
    CBSA name
    PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $37,005
    $1,013,642
    $1,522,606
    $2,536,248
    -
    $1,013,642
    $1,522,606
    $2,536,248

    Comparable in this City

    • Value Estimation by Request
      2,609 SF

      6785 Taylor St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,609 SF
      6785 Taylor St, Milton, FL 32570-5248
      View Details
    • Value Estimation by Request
      1,386 SF

      1603 Penton Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,386 SF
      1603 Penton Rd, Milton, FL 32570-9674
      View Details
    • Value Estimation by Request
      6,400 SF

      000 In Earnings For Owner

      Restaurants • 6,400 SF
      000 In Earnings For Owner, Allentown, FL 32570
      View Details
    • Value Estimation
      $6,790,000
      86,353 SF

      6209 Hwy 90

      DEPARTMENT STORE • 86,353 SF
      6209 Hwy 90, Milton, FL 32570-1708
      View Details
    • Value Estimation
      $255,000
      12,700 SF

      6373 Simpson Dr

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 12,700 SF
      6373 Simpson Dr, Milton, FL 32570-4542
      View Details
    • Value Estimation
      $215,000
      2,220 SF

      5863 Stewart St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,220 SF
      5863 Stewart St, Milton, FL 32570-3631
      View Details

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    Similar Nearby for Lease

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      High-traffic retail suite, excellent visibility.
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    • $14 SF/Yr
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      Prime Milton Retail Space Available

      High-traffic location, 3,360 SF retail space.
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    • $20 SF/Yr
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      Downtown Milton Retail Space For Lease

      Prime 1,508 SF retail space in historic Milton. High traffic, great visibility.
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      View Details
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    Milton, FL 32570-4779
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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