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Property profile & analytics
OFF-MARKET
Commercial land
Hwy 98th W Mary Esther, FL 32569
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US18-6665258
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Total area
384 SF
Lot
0.34 ac (14,820 SF)
APN
16-2S-25-2250-000A-0260
UPID
US18-6665258
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Thomas W Hall · 17 yrs held
Thomas W Hall
since 2009
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 Mary Esther submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mary Esther 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$1,606
Tax year 2023
Assessed value
$131,300
Assessed 2023
Previous assessed
$125,093
+5.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$130,350
Assessed improvement
$950
Land market value
$130,350
Improvement market value
$950
Total market value
$131,300
Applied tax rate
21.0000
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
Heating
NONE
Total area
384 SF
Lot
0.34 ac (14,820 SF)
APN
16-2S-25-2250-000A-0260
UPID
US18-6665258
Jurisdiction
OKALOOSA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.34 ac
Current owner
From public records · entity-resolved
Thomas W Hall
Individual
Mailing address
2860 WINNERS CIR DR, NAVARRE, FL 32566-8820
Ownership since
2009
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
Mar 9, 2009
$104,900
Thomas W Hall
Regions Bank
Special Warranty Deed
$83,920 · Wachovia Bank NA
Sep 8, 2008
$1,000
Regions Bk
Clerk Of Court Of Okaloosa County
Trustees Deed
related
—
Mar 29, 2005
$220,000
Guy Santucci
Meashey,seth
Warranty Deed
$165,000 · Amsouth Bank
Aug 1, 2003
$67,500
Seth M Meashey
Angelo,james A
Grant Deed
$57,500 · First City Bank Florida
Mar 13, 2003
$35,000
Michael A Yazwinsky
Angelo,james A
Grant Deed
$30,391 · Wachovia Bank NA
—
—
Thomas W Hall
—
Loan Modification
related
$156,922 · Wells Fargo Bk
—
—
Michael A Yazwinsky
—
Deed Of Trust
related
$32,243 · Wachovia Bank NA
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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