Back to Search
Property profile & analytics
OFF-MARKET
Race tracks
1765 Big Joe Rd Monticello, FL 32344-1195
Individually Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5477492
Property profile
Verified
Property type
Race tracks
Use group
RACE TRACK (AUTO, DOG, HORSE)
Year built
2005
Lot
98.26 ac (4,280,206 SF)
APN
11-1N-5E-0000-0020-0000
UPID
US18-5477492
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
Current use
Occupant on record · Public records
-
Monticello Karting and Motor Club Go-Kart Track
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Raymond Christopher · 20 yrs held
Raymond Christopher
since 2006
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 Monticello submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monticello 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,389
Tax year 2023
Assessed value
$233,950
Assessed 2023
Previous assessed
$279,328
-16.2% YoY
Effective rate
1.45%
On assessed value
Assessed land
$117,912
Assessed improvement
$116,038
Land market value
$117,912
Improvement market value
$116,038
Total market value
$233,950
Applied tax rate
3.0000
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
Race tracks
Use group
RACE TRACK (AUTO, DOG, HORSE)
Status
Off-Market
Year built
2005
Heating
NONE
Stories
1
Lot
98.26 ac (4,280,206 SF)
APN
11-1N-5E-0000-0020-0000
UPID
US18-5477492
Jurisdiction
JEFFERSON
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
2005
Heating
NONE
Stories
1
Lot
98.26 ac
Current owner
From public records · entity-resolved
Raymond Christopher
Individual
Free & Clear · 20 yrs held
Mailing address
404 FAIRLAWN DR, STOCKBRIDGE, GA 30281-7777
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
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
Mar 28, 2006
—
Raymond Christopher
Bulloch,william J JR
Warranty Deed
related
—
Feb 2, 2006
—
Tallahassee Karting Organizati
—
Trustees Deed
related
$100,000 · Premier Bank
Jan 18, 2005
—
Tallahassee Karting Org LLC
Owner Name Unavailable
Grant Deed
—
Oct 8, 2004
$147,300
Tallahassee Karting Organizati
Bullock,william J JR
Warranty Deed
$110,625 · Premier Bank
Nov 19, 2002
$175,000
Steve Andris
Bulloch,william J & Jack C
Grant Deed
—
Nov 24, 1998
$315,000
William J Bulloch
Kinsey,walton S & Bonnie L
Grant Deed
$245,000 · Farmers & Merchants Nat'l Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1765 Big Joe Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
