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Property profile & analytics
OFF-MARKET
Retail space
115 Lehigh Ave Flagler Beach, FL 32136-3316
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-5345992
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1945
Construction
CONCRETE BLOCKS
Total area
789 SF
Lot
0.41 ac (17,642 SF)
Zoning code
TC
APN
12-12-31-2425-00850-0090
UPID
US18-5345992
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
Current use
Occupant on record · Public records
-
Flagler Beach Marine Mechanics Inc (Bike/Boat/Book/etc) Store
-
Got U Covered Custom Marine Canvas (Bike/Boat/Book/etc) Store
-
Cobra Fuel Injection, Inc. Hardware & Home Improvement General Contractor
-
Central Florida Generators Inc. Auto Parts Store Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cynthia E Schatz · 2 yrs held
Cynthia E Schatz
since 2024
Last sale
$80,000
1 recorded transaction
Zoning & alternative use
TC · Flagler Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The provisions of this district are to provide for uses to serve tourist needs in the community. The primary uses are intended for commercial uses for lodging, dining establishments, and minor retail establishments which primarily serve tourists and other visitors to the city
Zone name
Tourist Commercial
General category
COMMERCIAL
Zone area
28.90 ac
Source
Realmo
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 Flagler Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Flagler Beach 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,607
Tax year 2023
Assessed value
$182,898
Assessed 2023
Previous assessed
$182,898
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$141,008
Assessed improvement
$41,890
Land market value
$141,008
Improvement market value
$41,890
Total market value
$182,898
Applied tax rate
21.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1945
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
789 SF
Lot
0.41 ac (17,642 SF)
Zoning code
TC
APN
12-12-31-2425-00850-0090
UPID
US18-5345992
Jurisdiction
FLAGLER
Zoning & alternative use
TC · Flagler Beach, FLZoning TC · permitted uses
TC · Flagler Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The provisions of this district are to provide for uses to serve tourist needs in the community. The primary uses are intended for commercial uses for lodging, dining establishments, and minor retail establishments which primarily serve tourists and other visitors to the city
Zone name
Tourist Commercial
General category
COMMERCIAL
Zone area
28.90 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1945
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Cynthia E Schatz
Individual
Free & Clear · 2 yrs held
Mailing address
115 LEHIGH AVE S, FLAGLER BEACH, FL 32136-3316
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2024
—
Cynthia E Schatz
Dominick J Buccola JR
Intrafamily Transfer
related
—
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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