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Property profile & analytics
OFF-MARKET
Bars & Pubs
7622 Navarre Pkwy Navarre, FL 32566-7353
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-7217693
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
2018
Construction
WOOD
Total area
3,077 SF
Lot
0.83 ac (36,000 SF)
Zoning code
PBD
APN
24-2S-27-0000-00503-0000
UPID
US18-7217693
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
The Grey Taproom INC · 4 yrs held
The Grey Taproom INC
since 2022
7 recorded transactions
Zoning & alternative use
PBD · Navarre, 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 Navarre submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Navarre 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
$5,135
Tax year 2023
Assessed value
$390,047
Assessed 2023
Previous assessed
$364,968
+6.9% YoY
Effective rate
1.32%
On assessed value
Assessed land
$244,080
Assessed improvement
$145,967
Land market value
$244,080
Improvement market value
$145,967
Total market value
$390,047
Applied tax rate
12.0000
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
2018
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
3,077 SF
Lot
0.83 ac (36,000 SF)
Zoning code
PBD
APN
24-2S-27-0000-00503-0000
UPID
US18-7217693
Jurisdiction
SANTA ROSA
Zoning & alternative use
PBD · Navarre, FLZoning PBD · permitted uses
PBD · Navarre, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2018
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.83 ac
Current owner
From public records · entity-resolved
The Grey Taproom INC
Entity
Mailing address
7622 NAVARRE PKWY, NAVARRE, FL 32566-7353
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2022
—
The Grey Taproom INC
Kenneth Harold Walters
Warranty Deed
$287,015 · Fnbt Bank
May 1, 2019
$100
Grey Taproom INC
Walters K & M Trust
Warranty Deed
related
—
Sep 26, 2017
—
Kenneth Harold Walters
—
Deed
related
$350,000 · Fnbt Bank
Jan 28, 2016
—
Walters,kenneth & Marisa Trust
Walters,kenneth H & Marisa A
Quit Claim Deed
related
—
Jun 2, 2014
$94,500
Kenneth H Walters
Suntrust Bk
Grant Deed
—
Apr 26, 2013
$51,100
Suntrust Bk
Patel,vinod C & Rebecca L Coc
Trustees Deed
related
—
Aug 19, 2005
$379,000
Vinod C Patel
Rick Davis
Warranty Deed
$232,800 · Suntrust Bank
Jun 4, 2004
$240,000
Rick Davis
Hebden,bonnie L
Grant Deed
$54,350 · Wells Fargo Bank
Jun 8, 1999
$80,900
Bonnie L Hebden
Thongplengsri,krairit
Grant Deed
—
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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