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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Commercial land
Us Hwy 1st 1 Callahan, FL 32011
Entity Owned
Free & Clear
Property ID
US19-0327711
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1950
Total area
728 SF
Lot
23.72 ac (1,033,243 SF)
Zoning code
CI
APN
19-2N-25-0000-0144-0000
UPID
US19-0327711
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
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
Callaban Msm LLC
Callaban Msm LLC
since 2025
Last sale
$837,390
7 recorded transactions
Zoning & alternative use
CI · Callahan, 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 Callahan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Callahan 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
$835,000
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $837k (Apr 24 2024)
Last sale anchor
$837k
Apr 24 2024
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
$1,147 / 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
$29,081
Tax year 2023
Assessed value
$2,400,144
Assessed 2023
Previous assessed
$2,400,144
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$2,400,144
Land market value
$2,400,144
Total market value
$2,400,144
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1950
Heating
NONE
Stories
1
Bathrooms
1
Total area
728 SF
Lot
23.72 ac (1,033,243 SF)
Zoning code
CI
APN
19-2N-25-0000-0144-0000
UPID
US19-0327711
Jurisdiction
NASSAU
Zoning & alternative use
CI · Callahan, FL
Zoning CI · permitted uses
CI · Callahan, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Callahan. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Stories
1
Bathrooms
1
Lot
23.72 ac
Current owner
From public records · entity-resolved
Callaban Msm LLC
Entity
Free & Clear · 0 yrs held
Mailing address
637 N PO BOX 130TH ST, DAPHNE, AL 36526-0130
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
$520,000
Callaban Msm LLC
Main Line Timber LLC
Warranty Deed
—
May 19, 2025
$375,000
Waffle House INC
Main Line Timber LLC
Warranty Deed
—
Mar 6, 2025
$650,000
Rgms INC
Main Line Timber LLC
Warranty Deed
—
May 31, 2024
$585,000
Community First Credit Union Of Flo
Main Line Timber LLC
Special Warranty Deed
—
Apr 24, 2024
$837,390
Hsc Callahan LLC
Main Line Timber LLC
Warranty Deed
—
Sep 5, 2023
—
Albert L Higginbotham
—
Deed
related
$1,000,000 · Pineland Bank
Aug 26, 2021
$574,800
Tacy Medical INC
Main Line Timber LLC
Warranty Deed
—
Jan 28, 2021
—
Albert L Higginbotham
—
Deed
related
$787,422 · Alma Exchange Bank & Trust
May 23, 2019
$100
Davis & Davis Enterpises INC
Davis LLP
Warranty Deed
—
Jan 18, 2019
$100
Davis & Davis LLP
Richard M Davis
Warranty Deed
related
—
Nov 20, 2018
$650,000
Richard M Davis
G & H Land & Timber Invs LLC
Warranty Deed
—
Apr 26, 2018
—
G & H Land & Timber Invs LLC
G & H Land & Timber Invs LLC
Quit Claim Deed
related
—
Jan 30, 2006
$2,000,000
Main Line Timber LLC
G & H Land Dev LLC
Grant Deed
—
Jan 30, 2006
$1,000,000
G & H Land Dev LLC
Bel Property Management INC
Grant Deed
$904,625 · Alma Exchange Bank
Jul 23, 1997
$20,000
Bel Property Management INC
Jones,leona
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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