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Property profile & analytics
OFF-MARKET
Estimated value
$8,445,000
Warehouses
1865 1st S Saint Augustine, FL 32080-5609
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4480201
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2001
Construction
STEEL FRAME
Total area
42,136 SF
Lot
4.2 ac (182,952 SF)
Zoning code
CM1
APN
162010 0000
UPID
US18-4480201
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
$8.58M
Blend (final)
Blend
$8.45M
Owner & transaction history
Beemer & Associates Xv Lc · 10 yrs held
Beemer & Associates Xv Lc
since 2015
5 recorded transactions
Zoning & alternative use
CM1 · Saint Augustine, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$11.0M
+109.6%
Medical building
$10.8M
+104.8%
Neighborhood: shopping center
$10.7M
+103.8%
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
WAREHOUSE, STORAGE
$5,255,000
Current use
AUTO REPAIR, GARAGE
$11,015,000
Change: +110% · Conversion: Easy
MEDICAL BUILDING
$10,760,000
Change: +105% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$10,710,000
Change: +104% · Conversion: Moderate
RETAIL STORES
$10,390,000
Change: +98% · Conversion: Moderate
OFFICE BUILDING
$9,125,000
Change: +74% · Conversion: Difficult
Blend value · Realmo final
$8.45M
Range $7.60M – $9.29M · ±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
$200 / 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
$88,945
Tax year 2023
Assessed value
$7,339,200
Assessed 2023
Previous assessed
$4,150,200
+76.8% YoY
Effective rate
1.21%
On assessed value
Land market value
$859,160
Improvement market value
$6,480,040
Total market value
$7,339,200
Applied tax rate
452.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2001
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Stories
2
Total area
42,136 SF
Lot
4.2 ac (182,952 SF)
Zoning code
CM1
APN
162010 0000
UPID
US18-4480201
Jurisdiction
ST JOHNS
Zoning & alternative use
CM1 · Saint Augustine, FL
Zoning CM1 · permitted uses
CM1 · 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
WAREHOUSE, STORAGE Current
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$11.0M
MEDICAL BUILDING
Est. value
$10.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.7M
RETAIL STORES
Est. value
$10.4M
OFFICE BUILDING
Est. value
$9.1M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
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
2001
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
5
Lot
4.2 ac
Current owner
From public records · entity-resolved
Beemer & Associates Xv Lc
Entity
Free & Clear · 10 yrs held
Mailing address
7880 GATE PKWY STE #300, JACKSONVILLE, FL 32256-7285
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2015
—
Beemer & Associates Xv Lc
Beemer & Associates Xv Lc
Quit Claim Deed
related
—
Oct 12, 1999
$650,000
Beemer & Associates Xv Lc
Tringali,anthony J & Lucy C
Grant Deed
$2,325,000 · Amsouth Bank
—
—
Beemer & Associates Xv Lc
—
Loan Modification
related
$1,393,363 · Miscellaneous Ins Co
—
—
Beemer & Associates Xv Lc
—
Deed Of Trust
related
$3,922,000 · Miscellaneous Ins Co
—
—
Beemer & Associates Xv Lc
—
Deed Of Trust
related
$5,285,000 · Centerstate Bk NA
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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