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Property profile & analytics
OFF-MARKET
Estimated value
$8,200,000
Commercial land
2645 State Rd 207 Elkton, FL 32033-2001
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-6259157
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
35.33 ac (1,538,975 SF)
APN
136387 0000
UPID
US18-6259157
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
$8.20M
Owner & transaction history
H3 St Augustine LLC · 4 yrs held
H3 St Augustine LLC
since 2022
Last sale
$8.2M
7 recorded transactions
Zoning & alternative use
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 Elkton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elkton 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
$7,325,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.20M
Range $7.38M – $9.02M · ±10% · vs last sale $8.20M (Jun 27 2022)
Last sale anchor
$8.20M
Jun 27 2022
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
—
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
$76,814
Tax year 2023
Assessed value
$6,051,433
Assessed 2023
Previous assessed
$1,087,568
+456.4% YoY
Effective rate
1.27%
On assessed value
Land market value
$6,051,433
Total market value
$6,051,433
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
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
35.33 ac (1,538,975 SF)
APN
136387 0000
UPID
US18-6259157
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
Building & site characteristics
From public records
Heating
NONE
Lot
35.33 ac
Current owner
From public records · entity-resolved
H3 St Augustine LLC
Entity
Mailing address
7200 BLANDING BLVD, JACKSONVILLE, FL 32244-4504
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2022
$8,200,000
H3 St Augustine LLC
The Kinjac Corporation
Special Warranty Deed
$8,200,000 · Bank Of America NA
Jan 20, 2021
—
Kinjac Corp
Walton Accommodations 23 LLC
Grant Deed
—
May 16, 2019
$1,318,365
Walton Accommondation 23 LLC
Fountain Partners LLC
Warranty Deed
—
Apr 18, 2017
$400,000
Rcs Dev Group LLC
Fountain Partners LLC
Grant Deed
$266,000 · Compass Bk
Dec 21, 2015
$550,000
Victor LLC
Fountain Partners LLC
Warranty Deed
—
Oct 11, 2013
$10,237,200
Gcp Fcdc LLC
Fountain Partners LLC
Special Warranty Deed
—
Apr 23, 2007
—
Fountain Partners LLC
Champions LLC
Grant Deed
related
—
Feb 9, 2006
$5,500,000
Champions LLC
Big Cypress Associates Ltd
Grant Deed
$5,050,000 · Amsouth Bank
Oct 1, 1987
—
Big Cypress Associates Ltd
—
Grant Deed
related
—
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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