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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Commercial land
Hwy 77 Southport, FL 32409
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-7563207
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1991
Total area
920 SF
Lot
1.31 ac (56,976 SF)
Zoning code
BC05
APN
26436-010-000
UPID
US18-7563207
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
$740k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$775k
Owner & transaction history
Mbl Investments Holdings LLC · 2 yrs held
Mbl Investments Holdings LLC
since 2023
Last sale
$829,500
7 recorded transactions
Zoning & alternative use
BC05 · Southport, FL
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 Southport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southport 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
$710,000
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $830k (Jul 28 2023)
Last sale anchor
$830k
Jul 28 2023
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
$842 / 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
$409
Tax year 2023
Assessed value
$32,700
Assessed 2023
Previous assessed
$32,700
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$32,700
Land market value
$32,700
Total market value
$32,700
Applied tax rate
55.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1991
Heating
NONE
Stories
1
Bathrooms
1
Total area
920 SF
Lot
1.31 ac (56,976 SF)
Zoning code
BC05
APN
26436-010-000
UPID
US18-7563207
Jurisdiction
BAY
Zoning & alternative use
BC05 · Southport, FL
Zoning BC05 · permitted uses
BC05 · Southport, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Stories
1
Bathrooms
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
Mbl Investments Holdings LLC
Entity
Free & Clear · 2 yrs held
Mailing address
13800 PANAMA CITY BCH PKWY STE #106, PANAMA CITY BEACH, FL 32407-2865
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2023
$829,500
Mbl Investments Holdings LLC
Gulf Timber And Land Company INC
Warranty Deed
—
Jul 28, 2023
—
Gulf Timber And Land Company INC
Samuel Waxler
Warranty Deed
—
Jun 19, 2008
$65,000
Vincent J Samillano
Blackmon,kenneth A & Charity
Warranty Deed
—
Mar 21, 2005
—
Michael A Banfield
Donathan,judy F
Quit Claim Deed
related
—
Jan 17, 2003
$70,000
Gulf Timber & Land Co INC
Sikes,hugh
Grant Deed
—
Jan 17, 2003
$15,000
Hugh Sikes
Wexler,sam
Grant Deed
—
May 5, 2000
$105,000
Hugh Sikes
Roddam,james H & Winn
Grant Deed
$52,500 · Seller
Jan 21, 2000
$58,000
Concrete Sand INC
Roddam,james H & Winn M
Grant Deed
$162,308 · First American Bank Walton
May 4, 1998
$50,000
Penny F Watts
Bowen,jimmy & Michele
Grant Deed
$55,373 · Green Tree Financial Corp
Jul 1, 1996
$18,500
Cleo N Brannon
Roddam,james H & Winn M
Grant Deed
$18,500 · Seller
May 1, 1996
$41,000
Orson F Spann
Roddam,james H & Winn M
Grant Deed
$40,000 · Seller
—
—
Cleo N Brannon
—
Deed Of Trust
related
$15,000 · Thomas R Gorman
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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