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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Commercial land
3027 Us Hwy 17, Fleming Island, FL 32003-7117
Individually Owned
3-yr Hold
Free & Clear
Property ID
US18-1505255
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1979
Total area
2,800 SF
Lot
2.36 ac (102,920 SF)
Zoning code
SU
APN
44-04-26-013987-000-00
UPID
US18-1505255
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
$745k
CAP Approach
CAP
$550k
Comparable Approach
Comparable
$719k
Blend (final)
Blend
$710k
Owner & transaction history
Michael Hawkins · 3 yrs held
Michael Hawkins
since 2022
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
SU · Fleming Island, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$710,000
+58.0%
Auto repair, garage
$525,000
+17.6%
Retail stores
$465,000
+3.4%
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 Fleming Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fleming Island 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
$685,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
$595,000
6.5%
$550,000
7%
$510,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$450,000
Current use
MEDICAL BUILDING
$710,000
Change: +58% · Conversion: Easy
AUTO REPAIR, GARAGE
$525,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$465,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $800k (Oct 12 2022)
Last sale anchor
$800k
Oct 12 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
$254 / 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
$14,790
Tax year 2023
Assessed value
$974,002
Assessed 2023
Previous assessed
$974,002
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$974,002
Land market value
$974,002
Total market value
$974,002
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1979
Heating
NONE
Stories
1
Rooms
11
Total area
2,800 SF
Lot
2.36 ac (102,920 SF)
Zoning code
SU
APN
44-04-26-013987-000-00
UPID
US18-1505255
Jurisdiction
CLAY
Zoning & alternative use
SU · Fleming Island, FL
Zoning SU · permitted uses
SU · Fleming Island, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fleming Island. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$450,000
MEDICAL BUILDING
Est. value
$710,000
AUTO REPAIR, GARAGE
Est. value
$525,000
RETAIL STORES
Est. value
$465,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1979
Heating
NONE
Stories
1
Rooms
11
Lot
2.36 ac
Current owner
From public records · entity-resolved
Michael Hawkins
Individual
Free & Clear · 3 yrs held
Mailing address
3027 US HWY 17, FLEMING ISLAND, FL 32003-7117
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2022
$800,000
Michael Hawkins
Overwatch Partners INC
Warranty Deed
—
Oct 12, 2022
—
Epic Industry Corp
Michael Hawkins
Warranty Deed
—
Apr 20, 2018
$1,650,000
Overwatck Partners INC
Sjr Maritime LLC
Warranty Deed
—
Apr 20, 2018
—
Sjr Maritime LLC
Yonge,phillip D
Warranty Deed
related
—
Sep 14, 2016
—
Sjr Maritime LLC
Yonge Phillip D Trust
Grant Deed
related
—
Aug 18, 2016
—
Yonge,james E Family Share Trust
Yonge Phillip D Trust
Quit Claim Deed
related
—
May 4, 2015
—
James E Yonge
Yonge James E Trust
Quit Claim Deed
related
—
Dec 26, 2012
—
Yonge,james E Trust
Yonge,vanda E
Quit Claim Deed
related
—
Nov 22, 2005
—
Yonge Phillip D Tr
Owner Name Unavailable
Warranty Deed
related
—
Oct 25, 2005
—
Yonge Phillip D Trust
Yonge,phillip D
Quit Claim 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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