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    Property profile & analytics

    1650 Walnut St Starke, FL 32091

    • Warehouses
    • 1,920 SF
    • 1.33 lot acres
    OFF-MARKET
    Value Estimation
    $1,340,000
    Last Sale
    Jul 08, 2022
    $1,619,900
    Location Intelligence
    Property ID
    US18-7185081
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 1650 Walnut St

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.33 lot acres
    Property size
    1,920 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    04287-0-00100
    APU
    4287000100

    Description

    This exceptional 240-square-foot office space in Starke, Florida, is available for lease starting October 1st, 2024. Located at 1650 S Walnut St, 32091, this single-tenant office boasts a desirable location with high visibility along US-301, ensuring prominent exposure to local traffic. Nearby businesses include Walmart, Tractor Supply Co., Dunkin', and Aldi, providing convenient access to amenities and a thriving commercial environment. Built in 1982, the space offers an open-floor plan, allowing for flexible customization to suit various business needs. Features include a private restroom, abundant natural light, and signage options. The lease includes 24/7 access and ample parking. The monthly rent is $400, encompassing all utilities except trash. A 12-month minimum lease term is required, along with a security deposit equivalent to one month's rent ($400). This traditional office space is also suitable for executive office, coworking, or creative office uses.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,110,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,640,000
      6.5%
      $1,690,000
      7%
      $1,540,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,650,000
      Geo Method
      $1,665,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,625,000
      Retail
      $1,620,000
      Mixed-Use
      $1,325,000
      Hospitality
      $1,385,000
      Educational
      $1,465,000
      Residential Income
      $1,515,000
      Energy
      $1,465,000
      Income-Based Land
      $1,605,000
      Food Service
      $1,380,000

    Location Insight

    • Map
    • Local Demand
    City
    Starke
    County
    Bradford
    State
    Florida
    Longitude
    -82.1194
    Latitude
    29.9298

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,743
    $90,515
    $139,496
    $230,011
    -
    $90,515
    $139,496
    $230,011

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

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      419 Edwards Rd

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      5176 County Rd 18

      MINI-WAREHOUSE, STORAGE • 1,873 SF
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      1630 Temple Ave

      MINI-WAREHOUSE, STORAGE • 3,285 SF
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    • Value Estimation by Request
      3,577 SF

      Thompson St

      MINI-WAREHOUSE, STORAGE • 3,577 SF
      Thompson St, Starke, FL 32091
      View Details

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    Similar Nearby for Lease

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    1650 Walnut St
    Starke, FL 32091
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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