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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Office buildings
18 Market Ave Palm Coast, FL 32164-2430
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-4862188
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2022
Construction
STEEL FRAME
Total area
5,512 SF
Lot
0.87 ac (38,028 SF)
Zoning code
MPD
APN
06-12-31-5815-00000-0140
UPID
US18-4862188
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
-
Maureen Schneider Realtor Real Estate Agency
-
Pinnacle Roofing Group Roofing Company General Contractor
-
Capstone Mortgage Loan Service Bank
-
Fairway Independent Mortgage Corp. - The Loan Pro Team Loan Service Bank
-
Capstone Planning, LLC Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.05M
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.30M
Owner & transaction history
Florida First Capital Finance Corp · 3 yrs held
Florida First Capital Finance Corp
since 2023
7 recorded transactions
Zoning & alternative use
MPD · Palm Coast, 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 Palm Coast submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Coast 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%
$1,135,000
6.5%
$1,050,000
7%
$975,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,885,000
Current use
RESTAURANT
$1,860,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±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
$236 / 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
$16,806
Tax year 2023
Assessed value
$750,786
Assessed 2023
Previous assessed
$750,786
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$135,746
Assessed improvement
$615,040
Land market value
$135,746
Improvement market value
$615,040
Total market value
$750,786
Applied tax rate
66.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2022
Construction
STEEL FRAME
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Total area
5,512 SF
Lot
0.87 ac (38,028 SF)
Zoning code
MPD
APN
06-12-31-5815-00000-0140
UPID
US18-4862188
Jurisdiction
FLAGLER
Zoning & alternative use
MPD · Palm Coast, FL
Zoning MPD · permitted uses
MPD · Palm Coast, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Coast. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.9M
RESTAURANT
Est. value
$1.9M
OFFICE BUILDING Current
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2022
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Florida First Capital Finance Corp
Entity
Free & Clear · 3 yrs held
Mailing address
1351 N GADSDEN ST, TALLAHASSEE, FL 32303-5668
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2023
—
Florida First Capital Finance Corp
Capstone Planning Insurance LLC
Assignment Of Lease (leasehold Sale)
—
Sep 20, 2021
—
Capstone LLC
—
Deed
related
$933,000 · Bank Five Nine
Jul 29, 2020
—
Capstone LLC
Capstone Planning LLC
Quit Claim Deed
related
—
Aug 7, 2019
$100,000
Capstone Planning LLC
Vla Group LLC
Grant Deed
—
Jan 2, 2014
$171,000
Via Group LLC
Florida Landmark Cmntys LLC
Warranty Deed
—
Sep 30, 2011
$179,400
Florida Landmark Cmntys LLC
Fm Dev LLC
Grant Deed
—
Jun 4, 2009
—
Fm Dev LLC
—
Trustees Deed
related
$145,350 · Florida Landmark Communities
Jun 30, 2005
$285,000
Fm Dev LLC
Florida Landmark Communities I
Warranty Deed
$171,000 · Florida Landmark Communities
—
—
Fm Dev LLC
—
Deed Of Trust
related
$145,350 · Florida Landmark Communities
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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