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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Outlet malls
951 Prim Ave, Graceville, FL 32440-2505
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-6175447
Property summary
AI-generated overview
This exceptional 9,850-square-foot retail space, located at 951 Prim Avenue, presents a unique investment opportunity. Previously occupied by the Graceville outlet Mall, this single-tenant property offers immense flexibility. Its adaptable design allows for a variety of uses, including retail, medical facilities, beauty salons, or professional offices. The expansive square footage provides ample room for creative business development. The property's location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence. The property is offered at a competitive rate, making it an attractive proposition for discerning investors. The lot size is not specified. The property's APN is 10-6N-13-0000-0030-0010. This is a single-suite building, perfect for a business seeking a standalone location. The property type is retail, and the tenancy is single. This is an exceptional opportunity to secure a prime retail location with significant potential for growth and profitability. Serious inquiries are encouraged.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2007
Construction
STEEL FRAME
Total area
9,170 SF
Lot
1.27 ac (55,321 SF)
APN
10-6N-13-0000-0030-0000
UPID
US18-6175447
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
Current use
Occupant on record · Public records
-
Gracefulbingo(Jackie's bingo) Bingo Hall
-
Dollar General Discount Store
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Western Union Bank Credit Union
-
FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$815k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$817k
Blend (final)
Blend
$820k
Owner & transaction history
Bmg Yield Fund 2020 LLC · 5 yrs held
Bmg Yield Fund 2020 LLC
since 2021
Last sale
$820,400
7 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 Graceville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Graceville 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
$850,000
ML approach
$815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$715,000
Current use
OFFICE BUILDING
$625,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$820k
Range $738k – $902k · ±10% · vs last sale $820k (May 13 2021)
Last sale anchor
$820k
May 13 2021
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
$5,353
Tax year 2023
Assessed value
$407,342
Assessed 2023
Previous assessed
$407,342
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$25,400
Assessed improvement
$381,942
Land market value
$25,400
Improvement market value
$381,942
Total market value
$407,342
Applied tax rate
19.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
5
Total area
9,170 SF
Lot
1.27 ac (55,321 SF)
APN
10-6N-13-0000-0030-0000
UPID
US18-6175447
Jurisdiction
JACKSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$715,000
OFFICE BUILDING
Est. value
$625,000
RETAIL STORES Current
OFFICE BUILDING
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
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Lot
1.27 ac
Current owner
From public records · entity-resolved
Bmg Yield Fund 2020 LLC
Entity
Mailing address
530 E MAIN ST STE #1000, RICHMOND, VA 23219-2415
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2026
—
Bmg Yield Fund 2020 LLC
—
Deed
related
$1,338 · Wellsfargobankna
May 13, 2021
$820,400
Bmg Yield Fund 2020 LLC
Max J Finklestein
Warranty Deed
$6,000,000 · Vast Bank NA
Oct 3, 2019
—
Prime Center LLC
—
Deed
related
$361,900 · Whitney Bank
Apr 3, 2007
$764,800
Max J Finklestein
Jubilee Graceville Center LLC
Warranty Deed
—
Nov 15, 2006
—
Jubilee Graceville Center LLC
—
Trustees Deed
related
$1,572,520 · Banktrust
Mar 8, 2006
$750,000
Jubilee Graceville Center LLC
Jbh INC
Warranty Deed
$850,000 · Hancock Bank
—
—
Jbh INC
—
Deed Of Trust
related
$3,499,231 · First Citizens National 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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