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Property profile & analytics
OFF-MARKET
Estimated value
$9,405,000
Hotels
2367 State Rd 16 Saint Augustine, FL 32084-0819
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-6193668
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2004
Construction
WOOD
Total area
30,780 SF
Lot
1.89 ac (82,111 SF)
APN
087880 0020
UPID
US18-6193668
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
$9.41M
Blend (final)
Blend
$9.41M
Owner & transaction history
Twin Hospality LLC · 8 yrs held
Twin Hospality LLC
since 2018
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$14.7M
+17.0%
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
HOTEL/MOTEL
$12,545,000
Current use
RESTAURANT
$14,675,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$9.41M
Range $8.46M – $10.35M · ±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
$306 / 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
$42,965
Tax year 2023
Assessed value
$4,244,800
Assessed 2023
Previous assessed
$2,645,300
+60.5% YoY
Effective rate
1.01%
On assessed value
Land market value
$739,161
Improvement market value
$3,505,639
Total market value
$4,244,800
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Total area
30,780 SF
Lot
1.89 ac (82,111 SF)
APN
087880 0020
UPID
US18-6193668
Jurisdiction
ST JOHNS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$12.5M
RESTAURANT
Est. value
$14.7M
HOTEL/MOTEL Current
RESTAURANT
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
2004
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
1.89 ac
Current owner
From public records · entity-resolved
Twin Hospality LLC
Entity
Mailing address
2367 STATE RD 16, SAINT AUGUSTINE, FL 32084-0819
Ownership since
2018
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
Mar 19, 2018
$4,143,000
Twin Hospality LLC
Fox Saint Ausyustinde LLC
Warranty Deed
—
Jul 3, 2008
—
Fox Saint Augustine LLC
—
Trustees Deed
related
$764,000 · Jacksonville Bank
Nov 29, 2005
$1,868,605
First Coast Hospitality Of St Aug
Vanjaria,abdul
Warranty Deed
related
—
—
—
Fox Saint Augustine LLC
—
Deed Of Trust
related
$785,000 · Jacksonville Bank
—
—
Fox Saint Augustine LLC
—
Deed Of Trust
related
$2,793,900 · Jacksonville Bank
—
—
Fox Saint Augustine LLC
—
Deed Of Trust
related
$200,000 · First Coast/hospitality/st Aug
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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