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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
Joachim Dr Gulf Breeze, FL 32561
Individually Owned
6-yr Hold
Free & Clear
Property ID
US18-7508324
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1989
Construction
STEEL FRAME
Total area
1,200 SF
Lot
0.18 ac (8,050 SF)
Zoning code
C1
APN
04-3S-29-0000-00610-0000
UPID
US18-7508324
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
Wi · 6 yrs held
Wi
since 2020
Last sale
$160,000
3 recorded transactions
Zoning & alternative use
C1 · Gulf Breeze, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The primary intent of a commercial district is to serve as a centralized area for business activities, offering goods, services, and amenities to residents, visitors, and local businesses. It aims to promote economic growth, foster community interaction, and enhance urban livability. These districts typically include retail shops, restaurants, offices, and e…
Zone name
Commercial
General category
COMMERCIAL
Zone area
146.36 ac
Source
Realmo
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 Gulf Breeze submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gulf Breeze 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
$944
Tax year 2023
Assessed value
$74,804
Assessed 2023
Previous assessed
$64,636
+15.7% YoY
Effective rate
1.26%
On assessed value
Assessed land
$51,520
Assessed improvement
$23,284
Land market value
$51,520
Improvement market value
$23,284
Total market value
$74,804
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Rooms
3
Bathrooms
1
Total area
1,200 SF
Lot
0.18 ac (8,050 SF)
Zoning code
C1
APN
04-3S-29-0000-00610-0000
UPID
US18-7508324
Jurisdiction
SANTA ROSA
Zoning & alternative use
C1 · Gulf Breeze, FLZoning C1 · permitted uses
C1 · Gulf Breeze, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The primary intent of a commercial district is to serve as a centralized area for business activities, offering goods, services, and amenities to residents, visitors, and local businesses. It aims to promote economic growth, foster community interaction, and enhance urban livability. These districts typically include retail shops, restaurants, offices, and entertainment venues, designed to be accessible, vibrant, and supportive of diverse economic and cultural opportunities.
Zone name
Commercial
General category
COMMERCIAL
Zone area
146.36 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Wi
Individual
Free & Clear · 6 yrs held
Mailing address
PO BOX 1508, GULF BREEZE, FL 32562-1508
Ownership since
2020
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
Apr 30, 2024
—
Wilson Enterprises INC
—
Deed
related
$285,000 · The First A National Banking Assn
Jun 4, 2020
$160,000
Wi
M & L Investments INC
Warranty Deed
—
Feb 26, 2019
$100,000
M & L Investments INC
Strange Lorin E JR
Grant Deed
—
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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