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    Property profile & analytics

    Bristol, FL 32321

    • Auto shops
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-7983947
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto shops

    Property Details

    Lot size
    1.00 lot acres
    Property type
    Auto shops
    APN
    022-2S-8W-02526 003
    APU
    0222S8W02526003

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Liberty
    State
    Florida
    Longitude
    -85.0344
    Latitude
    30.2876

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $197
    $4,000
    $9,431
    $13,431
    -
    $4,000
    $9,431
    $13,431

    Comparable in this City

    • Value Estimation
      $195,000
      4,968 SF

      10670 State Rd 20

      AUTO REPAIR, GARAGE • 4,968 SF
      10670 State Rd 20, Bristol, FL 32321-3440
      View Details
    • Value Estimation by Request
      1,008 SF

      10944 Melinda Dr

      AUTO REPAIR, GARAGE • 1,008 SF
      10944 Melinda Dr, Bristol, FL 32321
      View Details
    • Value Estimation by Request
      1,500 SF

      13118 State Rd 20

      AUTO REPAIR, GARAGE • 1,500 SF
      13118 State Rd 20, Bristol, FL 32321-1702
      View Details
    • Value Estimation by Request
      2,120 SF

      31643 Lark St

      AUTO REPAIR, GARAGE • 2,120 SF
      31643 Lark St, Bristol, FL 32321-4630
      View Details
    • Value Estimation
      $185,000
      2,928 SF

      14416 Andy Roberson Rd

      AUTO REPAIR, GARAGE • 2,928 SF
      14416 Andy Roberson Rd, Bristol, FL 32321-3600
      View Details
    • Value Estimation
      $370,000
      3,504 SF

      12395 Baker St

      AUTO REPAIR, GARAGE • 3,504 SF
      12395 Baker St, Bristol, FL 32321-2914
      View Details

    Similar Nearby for Sale

    • New
      $395,000
      4,742 SF

      Commercial Building with High Visibility

      Commercial building with showroom, loading dock, and expansion potential.
      12671 NW Cr 12, Bristol, FL 32321
      View Details
    • $120,000
      40.00 Acres

      40 Acres of Untouched Land

      Secluded 40-acre parcel ideal for recreation and off-grid living.
      NW County Road 270, Bristol, FL 32321
      View Details
    • $54,000
      7.50 Acres

      Bristol, FL Land Homesite

      7.5 acre homesite near Apalachicola National Forest and River.
      18193 NW Ponderosa Trl, Bristol, FL 32321
      View Details
    • Contact for pricing
      0.23 Acres

      Land in Orange Subdivision

      Land in Bristol, FL, near Apalachicola National Forest.
      Deer St, Bristol, FL 32321
      View Details
    • New
      $42,500
      0.25 Acres

      Corner Lot in Bristol, FL

      Corner lot with city utilities, near schools and river.
      10801 NW Faircloth Rd, Bristol, FL 32321
      View Details
    • $175,000

      Prime Bristol Commercial Land

      1.75 Acres, High Traffic Area
      20 Hwy, Bristol, FL 32321
      View Details
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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