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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Parking lots & garages
1511 Palm Ave Lot 1 Palatka, FL 32177-5301
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0505645
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1971
Total area
648 SF
Lot
1.8 ac (78,408 SF)
APN
12-10-26-0000-010.0-000.0
UPID
US19-0505645
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
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.10M
Owner & transaction history
Cooper Brothers Holdings LLC · 1 yrs held
Cooper Brothers Holdings LLC
since 2024
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
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 Palatka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palatka 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
$1,100,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.10M (Oct 1 2024)
Last sale anchor
$1.10M
Oct 1 2024
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
$1,698 / 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
$2,883
Tax year 2023
Assessed value
$679,800
Assessed 2023
Previous assessed
$679,800
+0.0% YoY
Effective rate
0.42%
On assessed value
Land market value
$240,000
Improvement market value
$439,800
Total market value
$679,800
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1971
Heating
NONE
Total area
648 SF
Lot
1.8 ac (78,408 SF)
APN
12-10-26-0000-010.0-000.0
UPID
US19-0505645
Jurisdiction
PUTNAM
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Lot
1.8 ac
Current owner
From public records · entity-resolved
Cooper Brothers Holdings LLC
Entity
Mailing address
2223 E SARNO RD STE #2001, MELBOURNE, FL 32935-3003
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2024
$1,100,000
Cooper Brothers Holdings LLC
Crf Holdings INC
Warranty Deed
$817,500 · Crf Holdings INC
Aug 24, 2021
$365,000
Crf Holdings INC
April Oaks Mobile Home Park LLC
Warranty Deed
$182,500 · Harvey Schonbrun
Sep 14, 2005
—
April Oaks Mobile Hm Park LLC
Jones,robert F & Vida A
Grant Deed
related
—
Dec 9, 2004
$425,000
Robert F Jones
Chop,nicholas F & Kristi P
Warranty Deed
—
Jul 30, 2003
$283,000
Nicholas F Chop
Bakken,lee J
Grant Deed
$283,000 · Centerbank Of Jacksonville NA
Mar 2, 1999
$300,000
Lee J Bakken
Pruett,wendell F
Grant Deed
$205,000 · Seller
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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