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Property profile & analytics
OFF-MARKET
Investment properties
7120 Springhill Rd, Milton, FL 32570-9759
Individually Owned
16-yr Hold
Free & Clear
Property ID
US18-1817214
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2011
Construction
WOOD
Total area
2,036 SF
Lot
1.42 ac (61,855 SF)
Zoning code
AG-RR
APN
02-3N-28-0000-00321-0000
UPID
US18-1817214
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
Larry K Nathey · 16 yrs held
Larry K Nathey
since 2009
3 recorded transactions
Zoning & alternative use
AG-RR · 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
$730
Tax year 2023
Assessed value
$55,380
Assessed 2023
Previous assessed
$55,074
+0.6% YoY
Effective rate
1.32%
On assessed value
Assessed land
$17,787
Assessed improvement
$37,593
Land market value
$17,787
Improvement market value
$37,593
Total market value
$55,380
Applied tax rate
18.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2011
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
2,036 SF
Lot
1.42 ac (61,855 SF)
Zoning code
AG-RR
APN
02-3N-28-0000-00321-0000
UPID
US18-1817214
Jurisdiction
SANTA ROSA
Zoning & alternative use
AG-RR · Milton, FL
Zoning AG-RR · permitted uses
AG-RR · 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
2011
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
1.42 ac
Current owner
From public records · entity-resolved
Larry K Nathey
Individual
Free & Clear · 16 yrs held
Mailing address
7120 SPRINGHILL RD, MILTON, FL 32570-9759
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2009
—
Larry K Nathey
Grady K Nathey
Intrafamily Transfer
related
—
May 1, 2007
$32,000
Grady K Nathey
Sessions,teresa J
Warranty Deed
$150,000 · Bank Of Pensacola
—
—
Grady K Nathey
—
Deed Of Trust
related
$16,275 · Bank Of Pensacola
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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