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Property profile & analytics
OFF-MARKET
Estimated value
$8,065,000
Day care centers
210 Commerce Lk Dr Saint Augustine, FL 32095-8867
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-2176520
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,859 SF
Lot
2.14 ac (93,088 SF)
Zoning code
DRI
APN
027090 0014
UPID
US18-2176520
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
-
Roots & Wings Learning Center Daycare Center
-
Guidepost Montessori at St. Augustine High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.07M
Owner & transaction history
Vorbeck Family Limited Partnership · 2 yrs held
Vorbeck Family Limited Partnership
since 2023
Last sale
$8.1M
5 recorded transactions
Zoning & alternative use
DRI · Saint Augustine, 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 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
$8,045,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$6,370,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,990,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$8.07M
Range $7.26M – $8.87M · ±10% · vs last sale $8.06M (Nov 3 2023)
Last sale anchor
$8.06M
Nov 3 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
$582 / 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
$50,939
Tax year 2023
Assessed value
$4,013,035
Assessed 2023
Previous assessed
$2,241,229
+79.1% YoY
Effective rate
1.27%
On assessed value
Land market value
$1,396,185
Improvement market value
$2,616,850
Total market value
$4,013,035
Applied tax rate
300.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
13,859 SF
Lot
2.14 ac (93,088 SF)
Zoning code
DRI
APN
027090 0014
UPID
US18-2176520
Jurisdiction
ST JOHNS
Zoning & alternative use
DRI · Saint Augustine, FL
Zoning DRI · permitted uses
DRI · 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
RESTAURANT
Est. value
$6.4M
COMMERCIAL (GENERAL)
Est. value
$5.0M
RESTAURANT
COMMERCIAL (GENERAL)
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.14 ac
Current owner
From public records · entity-resolved
Vorbeck Family Limited Partnership
Entity
Free & Clear · 2 yrs held
Mailing address
4470 NORTHGATE CT, SARASOTA, FL 34234-2121
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2026
—
Vorbeck Family Limited Partnership
—
Deed
related
$500,000 · Hancock Whitney Bank
Nov 3, 2023
$8,064,800
Vorbeck Family Limited Partnership
Fortec D LLC
Special Warranty Deed
—
Nov 18, 2022
$4,025,000
Fortec D LLC
Heavens Hidden Properties LLC
Special Warranty Deed
$3,000,000 · Rbi Mortgages LLC
Jul 19, 2016
$1,620,000
Havens Hidden Properties LLC
Lucita J Materia
Trustees Deed
related
$1,458,000 · Fidelity Bank
Feb 16, 2005
$725,800
Materia Trust
It Land Associates Ltd
Grant Deed
—
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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