Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,145,000
Office Spaces
1845 Town Ctr Blvd Fleming Island, FL 32003-3356
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5985950
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2002
Construction
STEEL FRAME
Total area
30,655 SF
Lot
7.01 ac (305,529 SF)
Zoning code
PUD
APN
05-05-26-014190-009-00
UPID
US18-5985950
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
-
Florida Department of Children and Families State Government Office
-
Bankers Life Financial Advisor
-
Knowledge 4 College Training Center
-
James Ellisor - Ameriprise Financial Services, LLC Financial Advisor
-
Theresa Smith, Bankers Life Agent Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.91M
CAP Approach
CAP
$6.02M
Comparable Approach
Comparable
$6.53M
Blend (final)
Blend
$9.15M
Owner & transaction history
Fleming Islands Jax LLC · 3 yrs held
Fleming Islands Jax LLC
since 2023
Last sale
$11.5M
3 recorded transactions
Zoning & alternative use
PUD · Fleming Island, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$13.2M
+168.1%
Medical building
$7.8M
+58.0%
Auto repair, garage
$5.8M
+17.6%
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 Fleming Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fleming Island 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
$9,905,000
CAP Approach
CAP Return
Estimation
6%
$6,515,000
6.5%
$6,015,000
7%
$5,585,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$13,165,000
Change: +168% · Conversion: Easy
MEDICAL BUILDING
$7,760,000
Change: +58% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,770,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$9.15M
Range $8.23M – $10.06M · ±10% · vs last sale $11.50M (Jun 23 2023)
Last sale anchor
$11.50M
Jun 23 2023
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
$298 / 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
$223,200
Tax year 2023
Assessed value
$7,925,000
Assessed 2023
Previous assessed
$7,800,000
+1.6% YoY
Effective rate
2.82%
On assessed value
Assessed land
$1,718,848
Assessed improvement
$6,206,152
Land market value
$1,718,848
Improvement market value
$6,206,152
Total market value
$7,925,000
Applied tax rate
1.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
OTHER
Buildings
2
Stories
1
Rooms
60
Total area
30,655 SF
Lot
7.01 ac (305,529 SF)
Zoning code
PUD
APN
05-05-26-014190-009-00
UPID
US18-5985950
Jurisdiction
CLAY
Zoning & alternative use
PUD · Fleming Island, FL
Zoning PUD · permitted uses
PUD · Fleming Island, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fleming Island. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$13.2M
MEDICAL BUILDING
Est. value
$7.8M
AUTO REPAIR, GARAGE
Est. value
$5.8M
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2002
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
60
Lot
7.01 ac
Current owner
From public records · entity-resolved
Fleming Islands Jax LLC
Entity
Mailing address
13506 SUMMERPORT VLG PKWY, WINDERMERE, FL 34786-7366
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2023
$11,500,000
Fleming Islands Jax LLC
Rlfed Fleming LLC
Special Warranty Deed
$6,500,000 · The Registered Holders Of Citigroup Comm
Aug 3, 2017
—
Interra Sky Fleming Island LLC
—
Grant Deed
related
$8,579,970 · A10 Cap
—
—
Island Busn Park LLP Fleming
—
Deed Of Trust
related
$5,000,000 · Sun Life Assurance Co
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 1845 Town Ctr Blvd?
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.
