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Property profile & analytics
OFF-MARKET
Auto shops
6848 Hwy 87th N Milton, FL 32570-6305
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-3654599
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1998
Construction
STEEL FRAME
Total area
4,050 SF
Lot
2.71 ac (118,004 SF)
Zoning code
HCD
APN
16-2N-28-0000-04600-0000
UPID
US18-3654599
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
Bill Salter Advertising INC · 4 yrs held
Bill Salter Advertising INC
since 2022
7 recorded transactions
Zoning & alternative use
HCD · Milton, 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 Milton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milton 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
$3,818
Tax year 2023
Assessed value
$319,683
Assessed 2023
Previous assessed
$294,931
+8.4% YoY
Effective rate
1.19%
On assessed value
Assessed land
$116,348
Assessed improvement
$203,335
Land market value
$116,348
Improvement market value
$203,335
Total market value
$319,683
Applied tax rate
13.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Rooms
4
Bathrooms
2
Total area
4,050 SF
Lot
2.71 ac (118,004 SF)
Zoning code
HCD
APN
16-2N-28-0000-04600-0000
UPID
US18-3654599
Jurisdiction
SANTA ROSA
Zoning & alternative use
HCD · Milton, FL
Zoning HCD · permitted uses
HCD · Milton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Rooms
4
Bathrooms
2
Lot
2.71 ac
Current owner
From public records · entity-resolved
Bill Salter Advertising INC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 761, MILTON, FL 32572-0761
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2022
—
Bill Salter Advertising INC
Terry Massey
Lease
—
Feb 1, 2021
—
Terry V Massey
—
Deed
related
$60,000 · United Bank
Jun 28, 2017
$255,000
Terry V Massey
Gccb Ore Holdings LLC
Special Warranty Deed
$235,100 · United Bank
Jan 10, 2017
—
Gccb Ore Holdings LLC
First NA
Quit Claim Deed
related
—
Sep 1, 2015
$143,100
Gulf Coast Cmnty Bk
Sprague,don W & Sharon M Coc
Trustees Deed
related
—
Sep 12, 2008
—
Marshall C Riley
Riley,laura
Quit Claim Deed
related
—
Feb 2, 2005
$55,000
Bagdad Home Builders INC
Sprague,don W & Sharon M
Warranty Deed
—
—
—
Don W Sprague
—
Deed Of Trust
related
$215,688 · Gulf Coast Community Bank
—
—
Don W Sprague
—
Deed Of Trust
related
$219,706 · Gulf Coast Community Bank
—
—
D Repair
—
Deed Of Trust
related
$148,000 · First American Bank Pensacola
—
—
Don W Sprague
—
Deed Of Trust
related
$223,199 · Gulf Coast Community Bank
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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