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Property profile & analytics
FOR SALE
Warehouses
709 SW Morning Star Gln Fort White, FL 32038
Entity Owned
2-yr Hold
Property ID
US18-3236270
For Sale
1 / 2
$669,000
709 SW Morning Star Gln, Fort White, FL 32038
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Property summary
AI-generated overview
This exceptional property in Fort White, Florida, presents a unique live/work opportunity. The 2002-built red steel building encompasses 7,200 square feet, strategically situated on a spacious 5-acre lot. The warehouse component boasts 4,764 square feet of clear-span space, featuring an impressive 6-inch concrete slab, a convenient grade-level roll-up door, and a restroom. Ceiling heights range from 18 feet to a peak of 21 feet, providing ample vertical space. Attached to the warehouse is a comfortable 2,436-square-foot, two-bedroom residence, complete with air conditioning. This property offers the rare advantage of combining a functional warehouse space with comfortable living quarters, all within a single, well-maintained structure. The asking price is $669,000. Prospective buyers are responsible for verifying the permitted use for their intended purposes. The property is located at 709 SW Morning Star Glen, Fort White, FL 32038. Columbia County location.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2002
Construction
STEEL FRAME
Total area
7,236 SF
Lot
5 ac (217,800 SF)
Zoning code
A-1
APN
34-5S-16-03752-110
UPID
US18-3236270
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
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
586 Manley Street LLC · 2 yrs held
586 Manley Street LLC
since 2024
Last sale
$598,000
2 recorded transactions
Zoning & alternative use
A-1 · Fort White, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$805,000
+45.2%
Commercial (general)
$790,000
+42.0%
Auto repair, garage
$565,000
+1.7%
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 Fort White submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort White 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
$600,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$555,000
Current use
RESTAURANT
$805,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$790,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$565,000
Change: +2% · Conversion: Easy
MEDICAL BUILDING
$545,000
Change: -2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$455,000
Change: -18% · Conversion: Moderate
RETAIL STORES
$445,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $598k (Mar 13 2024)
Last sale anchor
$598k
Mar 13 2024
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
$83 / 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
$2,284
Tax year 2023
Assessed value
$172,365
Assessed 2023
Previous assessed
$172,365
+0.0% YoY
Effective rate
1.33%
On assessed value
Land market value
$42,500
Improvement market value
$169,073
Total market value
$211,573
Applied tax rate
3.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Sale
Year built
2002
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
7,236 SF
Lot
5 ac (217,800 SF)
Zoning code
A-1
APN
34-5S-16-03752-110
UPID
US18-3236270
Jurisdiction
COLUMBIA
Zoning & alternative use
A-1 · Fort White, FL
Zoning A-1 · permitted uses
A-1 · Fort White, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort White. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$555,000
RESTAURANT
Est. value
$805,000
COMMERCIAL (GENERAL)
Est. value
$790,000
AUTO REPAIR, GARAGE
Est. value
$565,000
MEDICAL BUILDING
Est. value
$545,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$455,000
RETAIL STORES
Est. value
$445,000
WAREHOUSE, STORAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2002
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
5 ac
Current owner
From public records · entity-resolved
586 Manley Street LLC
Entity
Mailing address
630 MANLEY ST, WEST BRIDGEWATER, MA 02379-1058
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2024
$598,000
586 Manley Street LLC
Heidi C Moore
Warranty Deed
—
Jun 4, 2020
—
John Moore
—
Deed
related
$151,256 · Truist 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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