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Property profile & analytics
OFF-MARKET
Motels
28 Sherry Dr Atlantic Beach, FL 32233-5270
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-0559184
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,425 SF
Lot
0.23 ac (10,044 SF)
Zoning code
ACG
APN
170702-0000
UPID
US18-0559184
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
by Request
Owner & transaction history
Color Black LLC · 11 yrs held
Color Black LLC
since 2015
7 recorded transactions
Zoning & alternative use
ACG · Atlantic Beach, 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 Atlantic Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlantic Beach 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$22,878
Tax year 2023
Assessed value
$1,581,100
Assessed 2023
Previous assessed
$1,166,700
+35.5% YoY
Effective rate
1.45%
On assessed value
Assessed land
$250,000
Assessed improvement
$1,331,100
Land market value
$250,000
Improvement market value
$1,331,100
Total market value
$1,581,100
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
WALL UNIT
Stories
1
Units
11
Rooms
11
Bathrooms
36
Total area
4,425 SF
Lot
0.23 ac (10,044 SF)
Zoning code
ACG
APN
170702-0000
UPID
US18-0559184
Jurisdiction
DUVAL
Zoning & alternative use
ACG · Atlantic Beach, FL
Zoning ACG · permitted uses
ACG · Atlantic Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlantic Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
11
Rooms
11
Bathrooms
36
Lot
0.23 ac
Current owner
From public records · entity-resolved
Color Black LLC
Entity
Mailing address
28 SHERRY DR, ATLANTIC BEACH, FL 32233-5270
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2026
—
The Color Black LLC
—
Deed
related
$2,450,000 · First American Bank
Aug 8, 2017
—
Color Black LLC
—
Deed
related
$105,000 · Henry B JR Staley
Mar 26, 2015
$1,200,000
Color Black LLC
Harba LLC
Warranty Deed
$370,000 · Harba LLC
May 29, 2009
$725,000
Harba LLC
Sunshine State Holdings LLC
Warranty Deed
$415,000 · Compass Bank
Jun 15, 2001
$455,000
Sunshine State Holdings LLC
Wright,jack R & Angela L
Grant Deed
related
$150,000 · Citizens Security Bank
Jun 16, 2000
$230,000
Jack R Wright
Baer,leah H
Grant Deed
$230,000 · Seller
—
—
Color Black LLC
—
Deed Of Trust
related
$105,000 · Henry B JR Staley
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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