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Property profile & analytics
OFF-MARKET
Estimated value
$2,050,000
Retail space
Hwy 71st S Wewahitchka, FL 32465
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-7793142
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Construction
STEEL FRAME
Lot
2.31 ac (100,624 SF)
Zoning code
R1
APN
02633-001R
UPID
US18-7793142
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
$2.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.05M
Owner & transaction history
Tgc Gulf County LLC · 4 yrs held
Tgc Gulf County LLC
since 2021
Last sale
$2.1M
3 recorded transactions
Zoning & alternative use
R1 · Wewahitchka, FL
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 Wewahitchka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wewahitchka 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
$2,055,000
ML approach
$2,010,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.05M
Range $1.85M – $2.26M · ±10% · vs last sale $2.05M (Aug 5 2021)
Last sale anchor
$2.05M
Aug 5 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
—
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
$12,265
Tax year 2023
Assessed value
$678,975
Assessed 2023
Previous assessed
$680,193
-0.2% YoY
Effective rate
1.81%
On assessed value
Assessed land
$160,004
Assessed improvement
$518,971
Land market value
$160,004
Improvement market value
$518,971
Total market value
$678,975
Applied tax rate
3.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Construction
STEEL FRAME
Heating
NONE
Lot
2.31 ac (100,624 SF)
Zoning code
R1
APN
02633-001R
UPID
US18-7793142
Jurisdiction
GULF
Zoning & alternative use
R1 · Wewahitchka, FLZoning R1 · permitted uses
R1 · Wewahitchka, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Code
Building & site characteristics
From public records
Construction
STEEL FRAME
Heating
NONE
Lot
2.31 ac
Current owner
From public records · entity-resolved
Tgc Gulf County LLC
Entity
Free & Clear · 4 yrs held
Mailing address
777 S FLAGLER DR, WEST PALM BEACH, FL 33401-6161
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2021
$2,050,000
Tgc Gulf County LLC
Teramore Development LLC
Special Warranty Deed
—
Jan 21, 2021
$200,000
Teramore Development LLC
Joseph E Barfield
Warranty Deed
$1,383,341 · First National Bank Of Decatur Coun
Dec 4, 2013
$12,000
Joseph E Barfield
Clerk Of Gulf County
Tax Deed
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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