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    Property profile & analytics

    U Shaped Bldg Bldg Carrabelle, FL 32322

    • Retail space
    • 10,496 SF
    OFF-MARKET
    Value Estimation
    $500,000
    Last Sale
    Jul 21, 2021
    $475,000
    Location Intelligence
    Property ID
    US18-7025069
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for U Shaped Bldg Bldg

    Year built
    1998
    Construction
    FRAME
    Property size
    10,496 SF
    Property type
    Retail space
    APN
    29-07S-04W-4200-0010-0070
    APU
    2907S04W420000100070

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $550,000
      6.5%
      $515,000
      7%
      $570,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $590,000
      Geo Method
      $560,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $490,000
      Retail
      $480,000
      Mixed-Use
      $480,000
      Hospitality
      $515,000
      Educational
      $490,000
      Residential Income
      $515,000
      Energy
      $510,000
      Income-Based Land
      $505,000
      Food Service
      $570,000

    Location Insight

    • Map
    • Local Demand
    City
    Carrabelle
    County
    Franklin
    State
    Florida
    Longitude
    -84.6587
    Latitude
    29.8506

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,729
    $152,000
    $126,246
    $278,246
    -
    $152,000
    $126,246
    $278,246

    Comparable in this City

    • Value Estimation by Request
      1,260 SF

      Carrabelle, FL 32322

      RETAIL STORES (PERSONAL SERVICES) • 1,260 SF
      Carrabelle, FL 32322
      View Details
    • Value Estimation by Request
      1,500 SF

      84 Tallahassee St

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      84 Tallahassee St, Carrabelle, FL 32322-3227
      View Details
    • Value Estimation
      $2,790,000
      12,497 SF

      501 Ave A A

      RETAIL STORES (PERSONAL SERVICES) • 12,497 SF
      501 Ave A A, Carrabelle, FL 32322-6611
      View Details
    • Value Estimation
      $160,000
      5,760 SF

      Fitness For Life

      RETAIL STORES (PERSONAL SERVICES) • 5,760 SF
      Fitness For Life, Carrabelle, FL 32322
      View Details
    • Value Estimation
      $215,000
      2,880 SF

      1102 Hwy 98th W

      RETAIL STORES (PERSONAL SERVICES) • 2,880 SF
      1102 Hwy 98th W, Carrabelle, FL 32322-8018
      View Details
    • Value Estimation by Request
      10,500 SF

      204 Us-98

      Individual retail properties • 10,500 SF
      204 Us-98, Carrabelle, FL 32322
      View Details

    Similar Nearby for Sale

    • $2,746,154
      10,500 SF

      Family Dollar & Tree, Carrabelle, FL

      High-yield retail investment. Strong tenant.
      204 Us-98, Carrabelle, FL 32322
      View Details
    • $275,000
      1,260 SF

      Carrabelle Commercial Space For Sale

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      Carrabelle Commercial Lots For Sale

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    • $380,000
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      Carrabelle Land Near Carrabelle Harbor

      Commercial parcels near Carrabelle Harbor and Saint George Sound.
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      Carrabelle Commercial Property Investment

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      View Details
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    U Shaped Bldg Bldg
    Carrabelle, FL 32322
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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