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Property profile & analytics
OFF-MARKET
Estimated value
$5,295,000
Commercial land
1500 Mayport Rd Atlantic Beach, FL 32233-1945
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-3219902
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,637 SF
Lot
0.94 ac (41,156 SF)
Zoning code
ACG
APN
172053-0030
UPID
US18-3219902
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
$5.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.30M
Owner & transaction history
Express Wash Leaseco II LLC · 2 yrs held
Express Wash Leaseco II LLC
since 2023
Last sale
$5.2M
6 recorded transactions
Zoning & alternative use
ACG · Atlantic 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 Atlantic Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlantic 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
$5,400,000
ML approach
$5,290,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.30M
Range $4.77M – $5.82M · ±10% · vs last sale $5.25M (Oct 11 2023)
Last sale anchor
$5.25M
Oct 11 2023
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
$1,456 / 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
$14,413
Tax year 2023
Assessed value
$823,280
Assessed 2023
Previous assessed
$794,100
+3.7% YoY
Effective rate
1.75%
On assessed value
Assessed land
$823,280
Land market value
$823,280
Total market value
$823,280
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
3
Bathrooms
10
Total area
3,637 SF
Lot
0.94 ac (41,156 SF)
Zoning code
ACG
APN
172053-0030
UPID
US18-3219902
Jurisdiction
DUVAL
Zoning & alternative use
ACG · Atlantic Beach, FL
Zoning ACG · permitted uses
ACG · Atlantic Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlantic Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
10
Lot
0.94 ac
Current owner
From public records · entity-resolved
Express Wash Leaseco II LLC
Entity
Mailing address
292 MADISON AVE, NEW YORK, NY 10017-6307
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2023
—
Express Wash Leaseco II LLC
Gty Auto Service LLC
Lease
—
Oct 11, 2023
$5,245,400
Gty Auto Service LLC
Atlantic Beach Express Wash LLC
Special Warranty Deed
—
Feb 16, 2022
—
Atlantic Beach Express Wash LLC
Star Realco LLC
Quit Claim Deed
related
—
Feb 16, 2022
$1,275,000
Atlantic Beach Express Wash LLC
Star Realco LLC
Special Warranty Deed
—
Jun 27, 2017
$966,300
Star Realco LLC
Hardees Restaurants LLC
Special Warranty Deed
—
Apr 9, 2013
—
Hardees Restaurants LLC
Hardees Food Systems LLC
Quit Claim 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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