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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Industrial land
Bunnell, FL 32110
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3051815
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1985
Total area
3,894 SF
Lot
9.26 ac (403,453 SF)
Zoning code
I-C I
APN
03-12-30-5550-00110-0021
UPID
US18-3051815
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
$915k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$689k
Blend (final)
Blend
$850k
Owner & transaction history
Storage Units 0ofd Bunnell LLC · 5 yrs held
Storage Units 0ofd Bunnell LLC
since 2021
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
I-C I · Bunnell, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+132.6%
Warehouse, storage
$725,000
+47.0%
Retail stores
$680,000
+37.3%
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 Bunnell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bunnell 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
$860,000
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,150,000
Change: +133% · Conversion: Difficult
WAREHOUSE, STORAGE
$725,000
Change: +47% · Conversion: Easy
RETAIL STORES
$680,000
Change: +37% · Conversion: Moderate
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $1.00M (Jan 22 2021)
Last sale anchor
$1.00M
Jan 22 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
$218 / 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
$5,276
Tax year 2023
Assessed value
$369,706
Assessed 2023
Previous assessed
$369,706
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$369,706
Land market value
$369,706
Total market value
$369,706
Applied tax rate
1.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1985
Heating
YES
Cooling
YES
Stories
1
Total area
3,894 SF
Lot
9.26 ac (403,453 SF)
Zoning code
I-C I
APN
03-12-30-5550-00110-0021
UPID
US18-3051815
Jurisdiction
FLAGLER
Zoning & alternative use
I-C I · Bunnell, FL
Zoning I-C I · permitted uses
I-C I · Bunnell, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bunnell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$725,000
RETAIL STORES
Est. value
$680,000
OFFICE BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
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
1985
Heating
YES
Cooling
Yes
Stories
1
Lot
9.26 ac
Current owner
From public records · entity-resolved
Storage Units 0ofd Bunnell LLC
Entity
Mailing address
350 E CROWN PT RD, WINTER GARDEN, FL 34787-1907
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Jan 26, 2021
—
Storage Units 0ofd Bunnell LLC
Lpore Legal Services PLLC
Correction Deed
related
—
Jan 22, 2021
—
Storage Units Of Bunnell LLC
Lore Legal Services PLLC
Quit Claim Deed
related
—
Sep 20, 2019
$600,000
Bunnell Us Hwy 1 Land Trust
Bunnell Industrial LLC
Warranty Deed
$400,000 · Bunnell Industrial LLC
Oct 20, 2010
—
Bunnell Industrial LLC
Rayonier Forest Resources LP
Quit Claim Deed
related
—
Oct 16, 2006
$1,000,000
Bunnell Industrial LLC
Rayonier Properties LLC
Grant Deed
—
Apr 1, 1982
$10,000
Itt Rayonier INC Trust
Owner Name Unavailable
Grant Deed
related
—
—
—
Bunnell Industrial LLC
—
Deed Of Trust
related
$300,000 · Intracoastal 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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