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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Retail space
12840 State Rd 45 Archer, FL 32618-5683
Entity Owned
Free & Clear
Property ID
US18-6029959
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2010
Construction
STEEL FRAME
Total area
8,000 SF
Lot
1.37 ac (59,677 SF)
Zoning code
C-2
APN
04917-001-002
UPID
US18-6029959
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
$1.35M
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$1.41M
Owner & transaction history
Paromar Investments LLC
Paromar Investments LLC
since 2026
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
C-2 · Archer, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+51.3%
Neighborhood: shopping center
$1.5M
+4.8%
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 Archer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Archer 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%
$1,455,000
6.5%
$1,345,000
7%
$1,245,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,465,000
Current use
RESTAURANT
$2,215,000
Change: +51% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,535,000
Change: +5% · Conversion: Moderate
OFFICE BUILDING
$1,210,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±10% · vs last sale $1.80M (Jan 5 2026)
Last sale anchor
$1.80M
Jan 5 2026
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
$176 / 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
$12,864
Tax year 2023
Assessed value
$705,947
Assessed 2023
Previous assessed
$380,894
+85.3% YoY
Effective rate
1.82%
On assessed value
Assessed land
$417,740
Assessed improvement
$288,207
Land market value
$417,740
Improvement market value
$288,207
Total market value
$705,947
Applied tax rate
2,700.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2010
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
100
Rooms
2
Bathrooms
4
Total area
8,000 SF
Lot
1.37 ac (59,677 SF)
Zoning code
C-2
APN
04917-001-002
UPID
US18-6029959
Jurisdiction
ALACHUA
Zoning & alternative use
C-2 · Archer, FL
Zoning C-2 · permitted uses
C-2 · Archer, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Archer. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.5M
RESTAURANT
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2010
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
2
Bathrooms
4
Lot
1.37 ac
Current owner
From public records · entity-resolved
Paromar Investments LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5385 RIVERVIEW DR, ST AUGUSTINE, FL 32080-7236
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2026
$1,800,000
Paromar Investments LLC
Amato Properties LLC
Special Warranty Deed
—
Sep 1, 2020
—
Amato Properties LLC
—
Deed
related
$750,000 · Barwick Banking Company
Sep 3, 2015
$1,315,000
Amato Properties LLC
Lot 5 PC Parkway Plaza LLC
Grant Deed
$789,000 · Reunion Bk/fl
Oct 1, 2012
$1,214,285
Lot 5 PC Parkway Plaza LLC
Archer Fd LLC
Grant Deed
—
Aug 26, 2010
$266,000
Archer Fd LLC
Williams,thomas W JR
Grant Deed
—
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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