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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Motels
120 Atlantic Blvd Neptune Beach, FL 32266-5252
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US18-3361156
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,059 SF
Lot
1.22 ac (53,245 SF)
Zoning code
NCBD
APN
172785-0000
UPID
US18-3361156
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$840k
Owner & transaction history
Seahorse Nb LLC · 17 yrs held
Seahorse Nb LLC
since 2009
4 recorded transactions
Zoning & alternative use
NCBD · Neptune Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Neptune Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Neptune 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$840k
Range $756k – $924k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$49 / SF
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
$60,711
Tax year 2023
Assessed value
$4,151,200
Assessed 2023
Previous assessed
$3,316,100
+25.2% YoY
Effective rate
1.46%
On assessed value
Assessed land
$2,155,975
Assessed improvement
$1,995,225
Land market value
$2,155,975
Improvement market value
$1,995,225
Total market value
$4,151,200
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
WALL UNIT
Buildings
2
Stories
2
Units
40
Rooms
42
Bathrooms
147
Total area
17,059 SF
Lot
1.22 ac (53,245 SF)
Zoning code
NCBD
APN
172785-0000
UPID
US18-3361156
Jurisdiction
DUVAL
Zoning & alternative use
NCBD · Neptune Beach, FL
Zoning NCBD · permitted uses
NCBD · Neptune Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Neptune Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
40
Rooms
42
Bathrooms
147
Lot
1.22 ac
Current owner
From public records · entity-resolved
Seahorse Nb LLC
Entity
Mailing address
PO BOX 51247, JACKSONVILLE BEACH, FL 32240-1247
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2009
$616,000
Seahorse Nb LLC
Cole,kathleen S
Grant Deed
$1,000,000 · First Guaranty Bk & Tr Jackson
May 11, 2009
—
Kathleen S Cole
Cole,david W JR
Quit Claim Deed
related
—
Mar 17, 2009
—
Kathleen S Cole
Nbh Land Trust
Grant Deed
related
—
Jul 23, 1997
$2,700,000
Nbh Land Trust
Nelow,george A
Grant Deed
$3,050,000 · First Guaranty Bk & Tr Jackson
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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