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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Retail space
1860 Old Moultrie Rd Saint Augustine, FL 32084-5795
Entity Owned
6-yr Hold
Free & Clear
Property ID
US19-0324122
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,480 SF
Lot
1.34 ac (58,370 SF)
Zoning code
CG
APN
135070 0000
UPID
US19-0324122
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
-
Verizon Business Services Business To Business Service
-
Verizon Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.50M
Owner & transaction history
Balgot Realty Corp · 6 yrs held
Balgot Realty Corp
since 2019
7 recorded transactions
Zoning & alternative use
CG · Saint Augustine, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.5M
+35.3%
Auto repair, garage
$1.2M
+8.9%
Medical building
$1.1M
+6.4%
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
Alternative Use
Use
Estimation
RETAIL STORES
$1,075,000
Current use
OFFICE BUILDING
$1,455,000
Change: +35% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,170,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$1,145,000
Change: +6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,140,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±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
$334 / 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
$13,457
Tax year 2023
Assessed value
$1,088,974
Assessed 2023
Previous assessed
$936,568
+16.3% YoY
Effective rate
1.24%
On assessed value
Land market value
$642,074
Improvement market value
$446,900
Total market value
$1,088,974
Applied tax rate
450.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
4,480 SF
Lot
1.34 ac (58,370 SF)
Zoning code
CG
APN
135070 0000
UPID
US19-0324122
Jurisdiction
ST JOHNS
Zoning & alternative use
CG · Saint Augustine, FL
Zoning CG · permitted uses
CG · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Balgot Realty Corp
Entity
Free & Clear · 6 yrs held
Mailing address
2540 VLG CMN DR, ERIE, PA 16506-7202
Ownership since
2019
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
Oct 4, 2019
$2,450,000
Balgot Realty Corp
Vereast 18 LLC
Warranty Deed
—
Apr 19, 2017
—
Vereast 18 LLC
—
Deed
related
$2,037,833 · Banesco USA
Nov 9, 2010
$2,051,000
Vereast 18 LLC
Bdg 1820 LLC
Grant Deed
$1,435,700 · Bbu Bank
Dec 31, 2008
—
First Coast Cnlbank
Hillcrest Properties INC
Warranty Deed
—
May 19, 2006
$1,375,000
Hillcrest Properties INC
M & P 312 LLC
Grant Deed
—
May 9, 2006
—
M & P 312 LLC
Ajloni,sam & Amine
Quit Claim Deed
related
—
Sep 21, 2004
$900,000
M & P 312 LLC
Ajloni,sam & Amine
Warranty Deed
related
$787,000 · Mercantile Bank
—
—
Sam Ajloni
—
Deed Of Trust
related
$225,310 · Nationsbank
—
—
Vereast 18 LLC
—
Loan Modification
related
$2,037,833 · Banesco USA
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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