Santa Rosa County Property Appraiser
Greg S. Brown IICFA
| 13-1N-29-0000-01016-0000 |
| 4550 PACE LN, PACE, 32571 |
| WAREHOUSE - MINI/SELF STORAGE (004883) |
| 13-1N-29 |
| PACE |
| 11.3781 |
| 3.05 |
| **NEWLY DESCRIBED FOR 2022** COMMENCE AT THE NORTHWEST CORNER OF SECTION 13, TOWNSHIP 1 NORTH, RANGE 29 WEST, SANTA ROSA COUNTY, FLORIDA; THENCE SOUTH 00 DEGREES 02 MINUTES 40 SECONDS EAST ALONG WEST LINE THEREOF A DISTANCE OF 450.40 FEET TO THE POINT OF BEGINNING; THENCE CONTINUE SOUTH 00 DEGREES 02 MINUTES 40 SECONDS EAST ALONG SAID WEST LINE A DISTANCE OF 241.02 FEET ; THENCE DEPART SAID WEST LINE AND RUN NORTH 89 DEGREES 36 MINUTES 14 SECONDS EAST A DISTANCE OF 494.67 FEET; THENCE NORTH 00 DEGREES 18 MINUTES 07 SECONDS WEST A DISTANCE OF 169.16 FEET; THENCE NORTH 89 DEGREES 38 MINUTES 10 SECONDS EAST A DISTANCE OF 124.62 FEET; THENCE NORTH 00 DEGREES 06 MINUTES 59 SECONDS EAST A DISTANCE OF 71.51 FEET; THENCE SOUTH 89 DEGREES 38 MINUTES 34 SECONDS WEST A DISTANCE OF 618.72 FEET TO THE POINT OF BEGINNING. SAID PARCEL LYING AND BEING A PORTION OF SECTION 13, TOWNSHIP 1 NORTH, RANGE 29 WEST, SANTA ROSA COUNTY, FLORIDA. AS DES IN OR 4157 PG 1099 |
| J2 DEVELOPMENT LLC |
| 11 EGLIN PKWY SE |
| STE 2 |
| FORT WALTON BEACH, FL 32548-5423 |
| 2024 Certified | 2025 Certified | 2026 Certified | |
|---|---|---|---|
| Building Value | $7,302,620 | $8,066,012 | $7,138,792 |
| Extra Feature Value | $71,407 | $71,407 | $71,407 |
| Land Value | $457,500 | $457,500 | $533,750 |
| Land Agricultural Value | $0 | $0 | $0 |
| Agricultural (Market) Value | $0 | $0 | $0 |
| Just (Market) Value | $7,831,527 | $8,594,919 | $7,743,949 |
| Co. Assessed Value | $7,831,527 | $8,594,919 | $7,743,949 |
| Exempt Value | $0 | $0 | $0 |
| Co. Taxable Value | $7,831,527 | $8,594,919 | $7,743,949 |
| Type | WAREHOUSE - MINI/SELF STORAGE |
|---|---|
| Total Area | 104269 |
| Heated Area | 104109 |
| Exterior Walls | PREFAB PANEL |
| Roof Cover | CORRUGATED |
| Interior Walls | METAL |
| Foundation | BLOCK/MASONRY |
| Frame | STEEL |
| Floor | FINISH CONCRETE |
| Heat Type | FORCED AIR DUCT |
| A/C Type | CENTRAL |
| Bathrooms | 4 |
| Bedrooms | 0 |
| Stories | 3 |
| Actual Year Built | 2023 |
| Effective Year Built | 2023 |
Current Traverse
Use: WAREHOUSE - MINI/SELF STORAGE (004883)
| Effective Rate | Replacement Cost |
|---|---|
| 62.79 | $6,555,841 |
| Normal | 1% |
|---|---|
| Economic | 20% |
| Functional | 0% |
| Special | 0% |
| Good | 79% |
| Replacement Cost New Less Depreciation (RCNLD) | $5,179,114 |
| Name | Actual | Effective | RCNLD |
|---|---|---|---|
| Totals | 0 | 0 | $0 |
| Type | WAREHOUSE - MINI/SELF STORAGE |
|---|---|
| Total Area | 9630 |
| Heated Area | 0 |
| Exterior Walls | PREFAB PANEL |
| Roof Cover | METAL OVER DECKING |
| Interior Walls | MINIMUM |
| Foundation | MONOLITHIC |
| Frame | STEEL |
| Floor | FINISH CONCRETE |
| Heat Type | |
| A/C Type | |
| Bathrooms | 0 |
| Bedrooms | 0 |
| Stories | 1 |
| Actual Year Built | 2023 |
| Effective Year Built | 2023 |
Current Traverse
Use: WAREHOUSE - MINI/SELF STORAGE (004883)
| Effective Rate | Replacement Cost |
|---|---|
| 68.023 | $655,061 |
| Normal | 1% |
|---|---|
| Economic | 0% |
| Functional | 0% |
| Special | 0% |
| Good | 99% |
| Replacement Cost New Less Depreciation (RCNLD) | $648,510 |
| Name | Actual | Effective | RCNLD |
|---|---|---|---|
| Totals | 0 | 0 | $0 |
| Land Code | Description | Frontage | Depth | Unit Type | Land Units | Land Value |
|---|---|---|---|---|---|---|
| 001000 | COMMERCIAL | 115 | AC | 3.05 | $533,750 |
| Source | Code | Description |
|---|---|---|
| County | HCD | Highway Commercial Development |
| ASPHALT | 1 | 14515 SF | 2023 | $29,030 |
| BILLBOARD | 1 | 1 UT | 2003 | $1 |
| CONCRETE | 1 | 144 SF | 2023 | $396 |
| CONCRETE | 1 | 480 SF | 2023 | $1,320 |
| ELEVATOR | 1 | 2 UT | 2023 | $40,000 |
| FENCE | 1 | 44 LF | 2023 | $660 |
| Multi-Parcel | Sale Date | Sale Price | Instrument | Book / Page | Qualification | Sale Type | Grantor | Grantee |
|---|---|---|---|---|---|---|---|---|
| N | 07/30/2021 | $475,000 | WD | 4157/10994157 / 1099 | Q | V | SOWELL ADEN K & NANCY M AS TRUSTEES | J2 DEVELOPMENT LLC |
| N | 02/24/2016 | $100 | WD | 3516/13903516 / 1390 | U | I | SOWELL ADEN K & NANCY M (INDV & TRUSTEES) | SOWELL ADEN K & NANCY M AS TRUSTEES |
| Y | 01/27/2015 | $100 | WD | 3493/20103493 / 2010 | U | I | SOWELL ADEN K & NANCY M (INDV & TRUSTEES) | SOWELL ADEN K & NANCY M AS TRUSTEES |
| N | 03/19/2004 | $152,500 | WD | 2274/15022274 / 1502 | C | V | COTTON REAL ESTATE INC | SOWELL ADEN K & NANCY M TRUSTEES |
| N | 04/01/2001 | $135,000 | WD | 1894/14031894 / 1403 | Q | I | COTTON REAL ESTATE INC | |
| N | 03/01/2001 | $135,000 | WD | 1890/13681890 / 1368 | Q | V | PERRITT RICKY G, DANA,& PALMER LAVERNE | SOWELL ADEN K & NANCY M AS TRUSTEES |
| N | 10/01/1982 | $100 | WD | 607/153607 / 153 | U | V |