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Property profile & analytics
OFF-MARKET
Estimated value
$160,000
Office Spaces
923 Jefferson St Quincy, FL 32351-2966
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-3523803
Property summary
AI-generated overview
This exceptional .34-acre commercial property in downtown Quincy, Florida, presents a unique investment opportunity. Zoned for both residential and commercial use, this adaptable space offers a blend of existing improvements and significant potential. Currently featuring an office space with a welcoming lobby, a fully equipped kitchen, a comfortable living area complete with a fireplace, a dining area, and a full bathroom, the property is ideal for a variety of uses. Work from home or operate an independent office space. Enjoy the convenience of a charming front porch and ample parking. The property's central location places it within walking distance of local amenities and the historic downtown Quincy area. Its versatility makes it suitable for businesses such as salons, pet grooming services, photography studios, or other similar ventures. Located just 25 minutes from Tallahassee, Florida, this property offers unparalleled convenience and accessibility. The asking price is $169,900. Don't miss this chance to acquire a highly adaptable property with significant upside potential in a thriving downtown location.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1948
Construction
WOOD
Total area
1,798 SF
Lot
0.34 ac (15,028 SF)
APN
3-12-2N-4W-1110-00006-0010
UPID
US18-3523803
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
$160k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$160k
Owner & transaction history
Gwen Andrews Home Of Success Agency · 1 yrs held
Gwen Andrews Home Of Success Agency
since 2024
Last sale
$160,000
2 recorded transactions
Zoning & alternative use
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 Quincy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quincy 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
$160,000
ML approach
$160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$160k
Range $144k – $176k · ±10% · vs last sale $160k (Dec 23 2024)
Last sale anchor
$160k
Dec 23 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
$89 / 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
$990
Tax year 2023
Assessed value
$51,865
Assessed 2023
Previous assessed
$41,656
+24.5% YoY
Effective rate
1.91%
On assessed value
Assessed land
$28,884
Assessed improvement
$22,981
Land market value
$28,884
Improvement market value
$22,981
Total market value
$51,865
Applied tax rate
6.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1948
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
1,798 SF
Lot
0.34 ac (15,028 SF)
APN
3-12-2N-4W-1110-00006-0010
UPID
US18-3523803
Jurisdiction
GADSDEN
Zoning & alternative use
Zoning · permitted uses
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
1948
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Gwen Andrews Home Of Success Agency
Individual
Mailing address
766 BEAVER CRK LN, HAVANA, FL 32333-4727
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
Dec 23, 2024
$160,000
Gwen Andrews Home Of Success Agency
George Welburn Rowan JR
Warranty Deed
$160,000 · University Bank
Feb 7, 2022
—
George Welburn Rowan JR
George Welburn Rowan JR
Intrafamily Transfer
related
—
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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