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Property profile & analytics
OFF-MARKET
Estimated value
$26,900,000
Bars & Pubs
1863 Wls Rd, Orange Park, FL 32073-2334
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-2459625
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1986
Construction
WOOD
Total area
2,752 SF
Lot
30.19 ac (1,315,250 SF)
Zoning code
PUD
APN
06-04-26-010672-001-01
UPID
US18-2459625
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
by Request
Blend (final)
Blend
$26.90M
Owner & transaction history
PC Parkland Fl LLC · 5 yrs held
PC Parkland Fl LLC
since 2020
Last sale
$29.2M
6 recorded transactions
Zoning & alternative use
PUD · Orange Park, 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 Orange Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange Park 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
$9,775 / 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
$854,162
Tax year 2023
Assessed value
$59,090,000
Assessed 2023
Previous assessed
$50,120,000
+17.9% YoY
Effective rate
1.45%
On assessed value
Assessed land
$2,415,520
Assessed improvement
$56,674,480
Land market value
$2,415,520
Improvement market value
$56,674,480
Total market value
$59,090,000
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
16
Stories
1
Units
358
Rooms
5
Bathrooms
2
Total area
2,752 SF
Lot
30.19 ac (1,315,250 SF)
Zoning code
PUD
APN
06-04-26-010672-001-01
UPID
US18-2459625
Jurisdiction
CLAY
Zoning & alternative use
PUD · Orange Park, FL
Zoning PUD · permitted uses
PUD · Orange Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orange Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
16
Units
358
Rooms
5
Bathrooms
2
Lot
30.19 ac
Current owner
From public records · entity-resolved
PC Parkland Fl LLC
Entity
Mailing address
4956 N 300TH W STE #300, PROVO, UT 84604-5842
Ownership since
2020
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
Dec 15, 2020
—
PC Parkland Fl LLC
Parkland At Orange Park LLC
Quit Claim Deed
—
Feb 8, 2017
—
Parkland Orange Park LLC
Landmark At Maple Glen LP
Quit Claim Deed
—
May 24, 2010
—
Comm 2006-c8 Wells Road LLC
1863 Wells Associates Coc
Trustees Deed
related
—
Nov 30, 2006
$29,243,000
1863 Wells Associates LLC
Keerthi LP
Special Warranty Deed
—
—
—
Landmark At Maple Glen LP
—
Deed Of Trust
related
$22,788,000 · Cbre Cap Markets
—
—
At Maple Glen LP Landmark
—
Deed Of Trust
related
$14,500,000 · Keycorp R E Capital Marketing
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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