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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
349 Varella Ave Saint Augustine, FL 32084-2529
Entity Owned
2-yr Hold
Free & Clear
Property ID
US19-0281078
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1958
Lot
1.26 ac (54,886 SF)
Zoning code
RS3
APN
091460 0000
UPID
US19-0281078
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
J&s Varella LLC · 2 yrs held
J&s Varella LLC
since 2023
6 recorded transactions
Zoning & alternative use
RS3 · 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
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
$4,316
Tax year 2023
Assessed value
$179,095
Assessed 2023
Previous assessed
$174,611
+2.6% YoY
Effective rate
2.41%
On assessed value
Land market value
$123,523
Improvement market value
$55,572
Total market value
$179,095
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1958
Heating
FORCED AIR
Cooling
WINDOW A/C
Stories
1
Bathrooms
1
Lot
1.26 ac (54,886 SF)
Zoning code
RS3
APN
091460 0000
UPID
US19-0281078
Jurisdiction
ST JOHNS
Zoning & alternative use
RS3 · Saint Augustine, FL
Zoning RS3 · permitted uses
RS3 · 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.
Building & site characteristics
From public records
Year built
1958
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
J&s Varella LLC
Entity
Free & Clear · 2 yrs held
Mailing address
105 CARCABA RD, SAINT AUGUSTINE, FL 32084-1707
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2023
—
J&s Varella LLC
James E Busbee
Warranty Deed
—
May 23, 2022
—
James E Busbee
—
Deed
related
$70,000 · South State Bank NA
Jan 14, 2022
—
James E Busbee
349 Varella Avenue LLC
Warranty Deed
—
Jun 25, 2008
$293,600
349 Varella Avenue LLC
Minorcan Mobile Homes INC
Warranty Deed
$293,521 · Kenneth J Stein
Dec 17, 2003
$140,000
Minorcan Mobile Homes INC
Busbee,james E & Suzanne
Grant Deed
$320,000 · Kenneth J & Eileen R Stein
Dec 31, 2002
$120,000
James E Busbee
Graham,mary R
Grant Deed
$143,000 · Kenneth J & Eileen Stein
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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