Santa Rosa County Property Appraiser
Greg S. Brown IICFA
| 04-1N-28-0000-11000-0000 |
| 6510 CAROLINE ST, MILTON, 32570 |
| SHOPPING CENTERS - NEIGHBORHOOD (001638) |
| 04-1N-28 |
| MILTON |
| 13.4261 |
| 13.785 |
| **UPDATED 2026 ** 04-1N-28W: COM AT NW COR OF SE4 OF SE4 , THN N01*12'12"E 214.60FT TO POB, THN S61*44'17"E 475.65FT , THN S88*33'24"E 180.94FT , THN S47*23'00"W 86.40FT , THN S64*22'11"E 145.39FT , THN S41*46'36"W 52.52FT , THN N59*12'36"W 132.00FT , THN S30*47'24"W 190.00FT , THN S59*12'36"E 95.00FT , THN S37*37'04"W 394.00FT , THN N60*13'00"W 200.02FT , THN S31*33'10"W 504.02FT , THN N58*24'12"W 224.85FT , THN N54*51'42"W 237.50FT , THN N31*41'24"E 527.13FT , THN N30*47'24"E 316.90FT , THN N30*47'24"E 242.95FT TO POB; LESS & EXCEPT THE FLWNG : COM AT SE COR OF NW4 OF SE4 , THN N87*12'30"W 120.00FT , THN S30*47'24"W 316.90FT , THN S30*47'24"W 148.00FT , THN S59*12'36"E 24.00FT TO POB, THN S59*12'36"E 200.00FT , THN S30*47'24"W 218.00FT , THN N59*12'36"W 200.00FT , THN N30*47'24"E 218.00FT TO POB; ALL AS DES IN OR 4788 PG 258 (SPLITS OUT #114 IN 2026). |
| SW MILTON LLC |
| 2 RAVINIA DR |
| STE 1500 |
| ATLANTA, GA 30346-2148 |
| 2024 Certified | 2025 Certified | 2026 Certified | |
|---|---|---|---|
| Building Value | $5,610,211 | $5,283,527 | $5,273,616 |
| Extra Feature Value | $554,251 | $554,251 | $554,251 |
| Land Value | $3,110,400 | $4,043,520 | $3,903,365 |
| Land Agricultural Value | $0 | $0 | $0 |
| Agricultural (Market) Value | $0 | $0 | $0 |
| Just (Market) Value | $9,274,862 | $9,881,298 | $9,731,232 |
| Co. Assessed Value | $4,038,400 | $4,442,240 | $4,886,464 |
| Exempt Value | $0 | $0 | $0 |
| Co. Taxable Value | $4,038,400 | $4,442,240 | $4,886,464 |
| Type | NEIGHOBORHOOD SHOPPING CENTER |
|---|---|
| Total Area | 87801 |
| Heated Area | 76581 |
| Exterior Walls | CONCRETE BLOCK, BRICK |
| Roof Cover | BUILT-UP |
| Interior Walls | MINIMUM, DRYWALL |
| Foundation | BLOCK/MASONRY |
| Frame | MASONRY |
| Floor | VINYL ASPHALT, CARPET |
| Heat Type | FORCED AIR DUCT |
| A/C Type | ROOF TOP |
| Bathrooms | 17 |
| Bedrooms | 0 |
| Stories | 1 |
| Actual Year Built | 1973 |
| Effective Year Built | 1978 |
Current Traverse
Use: NEIGHOBORHOOD SHOPPING CENTER (001638)
| Effective Rate | Replacement Cost |
|---|---|
| 97.958 | $7,766,208 |
| Normal | 65% |
|---|---|
| Economic | 0% |
| Functional | 0% |
| Special | 0% |
| Good | 35% |
| Replacement Cost New Less Depreciation (RCNLD) | $2,718,172 |
| Name | Actual | Effective | RCNLD |
|---|---|---|---|
| Totals | 0 | 0 | $0 |
| Type | NEIGHOBORHOOD SHOPPING CENTER |
|---|---|
| Total Area | 56516 |
| Heated Area | 49750 |
| Exterior Walls | CONCRETE BLOCK, BRICK |
| Roof Cover | BUILT-UP |
| Interior Walls | PLYWOOD, DRYWALL |
| Foundation | BLOCK/MASONRY |
| Frame | MASONRY |
| Floor | VINYL ASPHALT, CARPET |
| Heat Type | FORCED AIR DUCT |
| A/C Type | ROOF TOP |
| Bathrooms | 16 |
| Bedrooms | 0 |
| Stories | 1 |
| Actual Year Built | 1978 |
| Effective Year Built | 1978 |
Current Traverse
Use: NEIGHOBORHOOD SHOPPING CENTER (001638)
| Effective Rate | Replacement Cost |
|---|---|
| 99.253 | $5,170,486 |
| Normal | 65% |
|---|---|
| Economic | 0% |
| Functional | 0% |
| Special | 0% |
| Good | 35% |
| Replacement Cost New Less Depreciation (RCNLD) | $1,809,670 |
| Name | Actual | Effective | RCNLD |
|---|---|---|---|
| Totals | 0 | 0 | $0 |
| Type | MEDICAL OFFICE |
|---|---|
| Total Area | 5572 |
| Heated Area | 5016 |
| Exterior Walls | BRICK |
| Roof Cover | METAL OVER DECKING |
| Interior Walls | DRYWALL |
| Foundation | MONOLITHIC |
| Frame | MASONRY |
| Floor | CARPET |
| Heat Type | FORCED AIR DUCT |
| A/C Type | CENTRAL |
| Bathrooms | 2 |
| Bedrooms | 0 |
| Stories | 1 |
| Actual Year Built | 1998 |
| Effective Year Built | 1998 |
Current Traverse
Use: MEDICAL OFFICE (001952)
| Effective Rate | Replacement Cost |
|---|---|
| 188.738 | $991,063 |
| Normal | 24.75% |
|---|---|
| Economic | 0% |
| Functional | 0% |
| Special | 0% |
| Good | 75.25% |
| Replacement Cost New Less Depreciation (RCNLD) | $745,774 |
| Name | Actual | Effective | RCNLD |
|---|---|---|---|
| Totals | 0 | 0 | $0 |
| Land Code | Description | Frontage | Depth | Unit Type | Land Units | Land Value |
|---|---|---|---|---|---|---|
| 001600 | SHOPPING CENTER - COMMUNITY | 0 | SF | 600517.8 | $3,903,365 |
| Source | Code | Description |
|---|---|---|
| City of Milton | C-2 | General Commercial |
| FLOOD LIGHTS | 1 | 27 UT | 1973 | $13,500 |
| LIGHT POLE | 1 | 9 UT | 1973 | $4,500 |
| PAVEMENT | 1 | 425000 SF | 1973 | $531,250 |
| SHED | 1 | 1 UT | 2003 | $1 |
| SIGN | 1 | 1 UT | 2003 | $5,000 |
| Multi-Parcel | Sale Date | Sale Price | Instrument | Book / Page | Qualification | Sale Type | Grantor | Grantee |
|---|---|---|---|---|---|---|---|---|
| Y | 09/08/2026 | $11,700,000 | SW | 4788/2584788 / 258 | Q | I | MFL LLC | SW MILTON LLC |
| N | 09/30/2016 | $100 | WD | 3568/7243568 / 724 | U | I | LTM PROPERTIES LLC | MFL LLC |
| N | 12/01/2012 | $100 | WD | 3202/8943202 / 894 | U | I | LADD GEORGE | LTM PROPERTIES LLC |
| N | 04/01/1977 | $1,650,000 | WD | 395/319395 / 319 | U | I | JEFFERSON STANDARD LIFE INSURANCE COMPANY | LADD GEORGE |
| N | 09/01/1976 | $1,540,000 | CT | 374/563374 / 563 | U | I | NELSON AMERICAN DEVELOPERS LTD | JEFFERSON STANDARD LIFE INSURANCE COMPANY |
| N | 07/05/1973 | $100 | WD | 285/203285 / 203 | U | I | MILTON RT 90 SHOPPING CENTER | NELSON AMERICAN DEVELOPERS LTD |