Santa Rosa County Property Appraiser
Greg S. Brown IICFA
| 12-1N-29-2390-00000-00B1 |
| 4612 SCHOOL LN, PACE, 32571 |
| STORES - 1 STORY (001100) |
| 12-1N-29 |
| PACE |
| 11.3781 |
| 0.404 |
| *DESCRIPTION UPDATED FOR 2024* BEG SE CORN OF LT B METRON ESTATES THN S89*36'42"E 100 FT THN N 176 FT THN N89*36'42"W 100 FT THN S 176 FT TO POB AS DES IN OR 4531 PG 1529 |
| 4612 SCHOOL LN LLC |
| 1230 TUSCANY RD |
| PANAMA CITY, FL 32405-3233 |
| 2024 Certified | 2025 Certified | 2026 Certified | |
|---|---|---|---|
| Building Value | $243,715 | $289,339 | $376,301 |
| Extra Feature Value | $17,135 | $17,135 | $16,751 |
| Land Value | $215,000 | $215,000 | $215,000 |
| Land Agricultural Value | $0 | $0 | $0 |
| Agricultural (Market) Value | $0 | $0 | $0 |
| Just (Market) Value | $475,850 | $521,474 | $608,052 |
| Co. Assessed Value | $463,984 | $521,474 | $586,418 |
| Exempt Value | $0 | $0 | $0 |
| Co. Taxable Value | $463,984 | $521,474 | $586,418 |
| Type | STORES - PHARMACY |
|---|---|
| Total Area | 3864 |
| Heated Area | 3239 |
| Exterior Walls | BRICK, MODULAR METAL |
| Roof Cover | MODULAR METAL |
| Interior Walls | DRYWALL |
| Foundation | MONOLITHIC |
| Frame | STEEL |
| Floor | ARTIFICIAL WOOD |
| Heat Type | FORCED AIR DUCT |
| A/C Type | CENTRAL |
| Bathrooms | 2 |
| Bedrooms | 0 |
| Stories | 1 |
| Actual Year Built | 2006 |
| Effective Year Built | 2011 |
Current Traverse
Use: STORES - PHARMACY (001110)
| Effective Rate | Replacement Cost |
|---|---|
| 130.265 | $437,560 |
| Normal | 14% |
|---|---|
| Economic | 0% |
| Functional | 0% |
| Special | 0% |
| Good | 86% |
| Replacement Cost New Less Depreciation (RCNLD) | $376,301 |
| Name | Actual | Effective | RCNLD |
|---|---|---|---|
| Totals | 0 | 0 | $0 |
| Land Code | Description | Frontage | Depth | Unit Type | Land Units | Land Value |
|---|---|---|---|---|---|---|
| 001600 | SHOPPING CENTER - COMMUNITY | 100 | 05 | FF | 100 | $215,000 |
| Source | Code | Description |
|---|---|---|
| County | HCD | Highway Commercial Development |
| ASPHALT | 1 | 7000 SF | 2006 | $12,250 |
| BILLBOARD | 1 | 1 UT | 2004 | $1 |
| FLOOD LIGHTS | 1 | 3 UT | 2006 | $1,500 |
| LIGHT POLE | 1 | 3 UT | 2006 | $1,500 |
| SIGN | 1 | 1 UT | 2006 | $1,500 |
| Multi-Parcel | Sale Date | Sale Price | Instrument | Book / Page | Qualification | Sale Type | Grantor | Grantee |
|---|---|---|---|---|---|---|---|---|
| N | 08/09/2024 | $699,000 | WD | 4531/15294531 / 1529 | Q | I | WESTERN GATE PROPERTIES INC | 4612 SCHOOL LN LLC |
| N | 07/23/2004 | $185,000 | WD | 2330/13072330 / 1307 | Q | V | WOS ENTERPRISES LLC | WESTERN GATE PROPERTIES INC |
| Y | 11/13/2002 | $100 | WD | 2076/17342076 / 1734 | U | V | SALTER WILLIAM O & HELEN | WOS ENTERPRISES LLC |
| N | 06/01/1985 | $100 | WD | 754/530754 / 530 | U | V | SALTER WILLIAM O & HELEN M | |
| N | 04/01/1983 | $17,000 | WD | 629/108629 / 108 | C | V |