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    For Sale (14)

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    Mixed-Use Townhouse in St. Augustine
    $869,500
    3,916 SF

    Mixed-Use Townhouse in St. Augustine

    Upscale mixed-use property with office, townhome, and loft apartment.

    544 Market St, St Augustine, FL 32095
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    Prime Land Near Boat Ramp
    $899,000
    1.05 Acres

    Prime Land Near Boat Ramp

    Commercial land suitable for gas stations, car repair, and retail.

    2989 Us Hwy 17, Green Cove Springs, FL 32043
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    Raiford Multifamily Investment Opportunity
    $390,000
    3,872 SF

    Raiford Multifamily Investment Opportunity

    Profitable 5-unit mobile home property in Raiford, Florida.

    15633 Fl-121, Raiford, FL 32083
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    Land in Green Cove Springs
    $115,000
    0.51 Acres

    Land in Green Cove Springs

    Homesite in growing Clay County area, near Jacksonville.

    Gator Bay Rd, Green Cove Springs, FL 32043
    View details
    Jacksonville Land with Mature Trees
    $110,000
    3.19 Acres

    Jacksonville Land with Mature Trees

    3+ acre property with wooded and cleared areas.

    475 Pringle Clay County Rd, Jacksonville, FL 32234
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    Commercial Land in Green Cove
    $399,000
    0.35 Acres

    Commercial Land in Green Cove

    Located in the heart of Green Cove Springs, Florida.

    706 N Orange Ave, Green Cove Springs, FL 32043
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    Commercial Land in Green Cove
    $2,500,000
    2.20 Acres

    Commercial Land in Green Cove

    2.2 Acres of commercial land with high visibility.

    1456 Russell Rd, Green Cove Springs, FL 32043
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    Middleburg Land with Private Lake
    $1,050,000
    26.40 Acres

    Middleburg Land with Private Lake

    26+ acres of land with a 4+ acre lake.

    3212 Thunder Rd, Middleburg, FL 32068
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    Ready-to-Build Homesite in Palatka, FL
    $89,000
    1.00 Acre

    Ready-to-Build Homesite in Palatka, FL

    1-acre homesite with valuable existing improvements for cost savings.

    140 Shaggy Ln, Palatka, FL 32177
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    Palatka, FL Commercial Land
    $265,295
    1.14 Acres

    Palatka, FL Commercial Land

    Commercial land available in Palatka, Florida.

    3610 Crill Ave, Palatka, FL 32177
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    San Mateo Land For Sale
    $318,295
    7.80 Acres

    San Mateo Land For Sale

    7.8 acre land parcel in San Mateo, Florida.

    473 S Us-17 Hwy NW, San Mateo, FL 32187
    View details
    Lake Asbury Vacant Land
    $99,000
    1.36 Acres

    Lake Asbury Vacant Land

    1.36 acre vacant lot in Lake Asbury, Clay County.

    2170 Winchester Rd, Green Cove Springs, FL 32043
    View details
    Interlachen Wooded Lots For Sale
    Contact for pricing
    0.22 Acres

    Interlachen Wooded Lots For Sale

    Two wooded lots totaling 0.44 acres in Interlachen, Florida.

    Sherman Oaks Dr Cir, Interlachen, FL 32148
    View details
    Green Cove Springs Commercial Lot
    $399,000
    15,246 SF

    Green Cove Springs Commercial Lot

    Commercial lot in Green Cove Springs with high visibility.

    706 North Orange Ave, Green Cove Springs, FL 32043
    View details

    For Lease (1)

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    St. Augustine Executive Office Space
    $1,150 / Mo
    210 SF

    St. Augustine Executive Office Space

    Private executive offices with utilities included and shared amenities.

    701 Market St, St Augustine, FL 32095
    View details

    Leases and Sales on Map

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    Magnolia Point Realty Inc.
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Magnolia Point Realty Inc.
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