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Property profile & analytics
OFF-MARKET
Community centers
8141 Navarre Pkwy, Navarre, FL 32566-6940
Entity Owned
18-yr Hold
Free & Clear
Property ID
US18-1650283
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1985
Construction
WOOD
Total area
960 SF
Lot
0.02 ac (871 SF)
Zoning code
HCD
APN
20-2S-26-5770-00500-0062
UPID
US18-1650283
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
Water City Properties LLC · 18 yrs held
Water City Properties LLC
since 2008
6 recorded transactions
Zoning & alternative use
HCD · 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
$1,383
Tax year 2023
Assessed value
$83,045
Assessed 2023
Previous assessed
$81,774
+1.6% YoY
Effective rate
1.67%
On assessed value
Assessed land
$40,000
Assessed improvement
$43,045
Land market value
$40,000
Improvement market value
$43,045
Total market value
$83,045
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
1
Bathrooms
1
Total area
960 SF
Lot
0.02 ac (871 SF)
Zoning code
HCD
APN
20-2S-26-5770-00500-0062
UPID
US18-1650283
Jurisdiction
SANTA ROSA
Zoning & alternative use
HCD · Navarre, FL
Zoning HCD · permitted uses
HCD · Navarre, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Navarre. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Water City Properties LLC
Entity
Free & Clear · 18 yrs held
Mailing address
151 MARY ESTHER BLVD STE #501, MARY ESTHER, FL 32569-1976
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2008
$86,300
Water City Properties LLC
Gilmore Ins & Bonding INC
Grant Deed
—
Jul 20, 2004
$130,000
Gilmore Ins & Bonding INC
Sanders,april
Warranty Deed
$102,000 · Amsouth Bank
Nov 28, 2001
$70,000
April Sanders
Giardina,leslie J
Grant Deed
—
Nov 28, 2001
—
April Sanders
Leslie J Giardina Estate
Grant Deed
$72,000 · First American Bank Pensacola
Jul 2, 1998
$62,000
Lester F Duvall
Morgan,michael J & Jane D
Grant Deed
$52,700 · Seller
—
—
Water City Properties LLC
—
Loan Modification
related
$610,400 · Centennial 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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