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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Manufacturing properties
6998 Hwy 77, Southport, FL 32409-1571
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0534717
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1985
Construction
STEEL FRAME
Total area
6,250 SF
Lot
1.17 ac (50,965 SF)
Zoning code
BC05
APN
08598-000-000
UPID
US19-0534717
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
$530k
CAP Approach
CAP
$635k
Comparable Approach
Comparable
$685k
Blend (final)
Blend
$650k
Owner & transaction history
Cf Standards LLC · 3 yrs held
Cf Standards LLC
since 2023
Last sale
$675,000
7 recorded transactions
Zoning & alternative use
BC05 · Southport, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$935,000
+90.1%
Retail stores
$900,000
+83.1%
Medical building
$740,000
+51.2%
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
Method
Estimation
Statistic approach
$580,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
$685,000
6.5%
$635,000
7%
$590,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$490,000
Current use
COMMERCIAL (GENERAL)
$935,000
Change: +90% · Conversion: Difficult
RETAIL STORES
$900,000
Change: +83% · Conversion: Moderate
MEDICAL BUILDING
$740,000
Change: +51% · Conversion: Difficult
WAREHOUSE, STORAGE
$485,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $675k (May 24 2023)
Last sale anchor
$675k
May 24 2023
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
$104 / 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
$4,044
Tax year 2023
Assessed value
$371,912
Assessed 2023
Previous assessed
$371,912
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$120,510
Assessed improvement
$251,402
Land market value
$120,510
Improvement market value
$251,402
Total market value
$371,912
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Rooms
6
Total area
6,250 SF
Lot
1.17 ac (50,965 SF)
Zoning code
BC05
APN
08598-000-000
UPID
US19-0534717
Jurisdiction
BAY
Zoning & alternative use
BC05 · Southport, FL
Zoning BC05 · permitted uses
BC05 · Southport, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$490,000
COMMERCIAL (GENERAL)
Est. value
$935,000
RETAIL STORES
Est. value
$900,000
MEDICAL BUILDING
Est. value
$740,000
WAREHOUSE, STORAGE
Est. value
$485,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1985
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Rooms
6
Lot
1.17 ac
Current owner
From public records · entity-resolved
Cf Standards LLC
Entity
Mailing address
142 LK MERIAL TRL, SOUTHPORT, FL 32409-4518
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2023
$675,000
Cf Standards LLC
6998 Hwy 77 LLC
Warranty Deed
$400,000 · Midsouth Bank
May 24, 2023
—
6998 Hwy 77 LLC
See Three Properties LLC
Correction Deed
related
$400,000 · Midsouth Bank
Oct 4, 2021
—
6998 Hwy 77 LLC
See Three Properties LLC
Quit Claim Deed
related
—
Apr 24, 2017
—
Three Properties LLC
—
Deed
related
$64,653 · Guardian Bk
Mar 24, 2016
$255,000
See Three Properties LLC
Anthony P Chiodo JR
Warranty Deed
$260,000 · Guardian Bank
Sep 25, 2013
$3,175,200
Southport Tractor LLC
Dhs 15 Ventures LLC
Grant Deed
—
Sep 25, 2013
$1,343,900
Ddcu LLC
Dhs 15 Ventures LLC
Grant Deed
—
Feb 5, 2013
$515,000
Dhs 15 Ventures LLC
Roswell Holdings LLC
Grant Deed
$2,226,361 · Trustmark National Bank
Jun 13, 2008
—
R & A Holdings LLC
—
Trustees Deed
related
$250,000 · Zachian Investment LLC
Jan 16, 2007
—
R & A Holdings LLC
—
Trustees Deed
related
$250,000 · Zachian Investment Funding LLC
Aug 23, 2006
—
Complete Constructors LLC
—
Trustees Deed
related
$30,000 · Eric & Barbara Dallas
Mar 16, 2006
$550,000
Complete Constructors LLC
A-1 Sand Co LLC
Warranty Deed
$1,050,000 · Roswell Holdings LLC
Jan 23, 2006
—
Complete Constructors LLC
Powell,linda
Quit Claim Deed
related
—
Jul 16, 2002
—
Complete Construction LLC
Powell,linda R
Quit Claim Deed
related
—
—
—
Anthony P Chiodo JR
—
Deed Of Trust
related
$200,000 · Panhandle Educators FCU
—
—
Three Properties LLC
—
Deed Of Trust
related
$64,653 · Guardian Bk
—
—
Complete Constructors LLC
—
Deed Of Trust
related
$395,000 · Roswell Holdings LLC
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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