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Property profile & analytics
OFF-MARKET
Estimated value
$8,155,000
Investment properties
1670 Us Hwy 1st S, Saint Augustine, FL 32084-6015
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-4996200
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,405 SF
Lot
0.92 ac (40,257 SF)
Zoning code
CM2
APN
134940 0040
UPID
US18-4996200
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
$8.15M
Blend (final)
Blend
$8.16M
Owner & transaction history
Dominic G Mercurio III · 7 yrs held
Dominic G Mercurio III
since 2018
7 recorded transactions
Zoning & alternative use
CM2 · Saint Augustine, 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 Saint Augustine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Augustine 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
$8.16M
Range $7.34M – $8.97M · ±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
$497 / 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
$28,165
Tax year 2023
Assessed value
$1,587,494
Assessed 2023
Previous assessed
$1,167,934
+35.9% YoY
Effective rate
1.77%
On assessed value
Land market value
$684,369
Improvement market value
$903,125
Total market value
$1,587,494
Applied tax rate
452.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
16,405 SF
Lot
0.92 ac (40,257 SF)
Zoning code
CM2
APN
134940 0040
UPID
US18-4996200
Jurisdiction
ST JOHNS
Zoning & alternative use
CM2 · Saint Augustine, FL
Zoning CM2 · permitted uses
CM2 · Saint Augustine, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Augustine. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Dominic G Mercurio III
Individual
Mailing address
2109 MARSH HEN CT, SAINT AUGUSTINE, FL 32084-8249
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2018
—
Dominic G Mercurio III
Estes,moreau P V
Warranty Deed
$1,300,000 · Hillsboro Harpeth Corp
Aug 9, 2018
$1,350,000
Dominic G Mercurio III
Hillsboro Harpeth Corp
Grant Deed
related
—
Jun 29, 2018
$1,350,000
Dominic Mercurio
Hillsboro Harpeth Corp
Grant Deed
$1,300,000 · Hillsboro Harpeth Corp
Jan 29, 2018
—
Hillsboro Harpeth Corp
Estes,thomas E II
Warranty Deed
—
Sep 17, 2012
$146,497
Thomas E Estes II
Estes,moreau P V
Warranty Deed
—
Jul 2, 1998
$729,600
Moreau P Estes
Prosperity Bank St Augustine
Grant Deed
$583,680 · Prosperity Bank St Augustine
—
—
Dominic G Mercurio III
—
Deed Of Trust
related
$1,300,000 · Hillsboro Harpeth Corp
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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