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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Office buildings
2 Jungle Hut Rd Palm Coast, FL 32137-2112
Entity Owned
16-yr Hold
Free & Clear
Property ID
US18-1452854
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,210 SF
Lot
0.72 ac (31,363 SF)
Zoning code
R/C
APN
37-11-31-0000-02020-0000
UPID
US18-1452854
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
-
Aegis Community Management Business Management Consultant
-
Hammock Real Estate Group Real Estate Agency
-
Laurent Alves & Bob Witty - Premier Coastal Living Real Estate Agency
-
Shine for Kids Family Recreation Center Volunteer Organization
-
Hammock Real Estate Group , Cinnamon Beach Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$990k
Comparable Approach
Comparable
$884k
Blend (final)
Blend
$720k
Owner & transaction history
M Kraus & Bros INC · 16 yrs held
M Kraus & Bros INC
since 2009
6 recorded transactions
Zoning & alternative use
R/C · 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%
$1,075,000
6.5%
$990,000
7%
$920,000
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$138 / 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
$5,095
Tax year 2023
Assessed value
$357,000
Assessed 2023
Previous assessed
$357,000
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed improvement
$357,000
Improvement market value
$357,000
Total market value
$357,000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
5,210 SF
Lot
0.72 ac (31,363 SF)
Zoning code
R/C
APN
37-11-31-0000-02020-0000
UPID
US18-1452854
Jurisdiction
FLAGLER
Zoning & alternative use
R/C · Palm Coast, FL
Zoning R/C · permitted uses
R/C · 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.
Building & site characteristics
From public records
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
M Kraus & Bros INC
Entity
Free & Clear · 16 yrs held
Mailing address
3 LAGUNA CT, PALM COAST, FL 32137-2107
Ownership since
2009
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
Sep 28, 2009
—
M Kraus & Bros INC
Mcmillan,robert E W III
Quit Claim Deed
related
—
Apr 20, 2006
$750,000
M Kraus & Bros INC
Kraus,bebe B
Grant Deed
—
Aug 15, 2005
$925,000
Bebe B Kraus
Lighthouse Dev Group INC
Warranty Deed
—
Oct 19, 2001
$100,000
Lighthouse Development Group
Hammock Communities INC
Grant Deed
$480,000 · Southtrust Bank NA
Apr 4, 2000
$96,000
Hammock Communities INC
Robinson,sabrina E
Grant Deed
$72,000 · Prosperity Bank
—
—
Lighthouse Development Corp
—
Deed Of Trust
related
$350,000 · Robert Lemon Construction
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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