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Property profile & analytics
FOR LEASE
Strip malls
3501 N Ponce De Leon Blvd, St Augustine, FL 32084
Individually Owned
11-yr Hold
Free & Clear
Property ID
US18-4648668
For Lease
1 / 2
$22 SF/Yr
3501 N Ponce De Leon Blvd, St Augustine, FL 32084
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
31,199 SF
Lot
3.62 ac (157,687 SF)
Zoning code
CM2
APN
154893 0000
UPID
US18-4648668
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
$5.25M
Blend (final)
Blend
$5.26M
Owner & transaction history
3501 Ponce De Leon Equities Ll · 11 yrs held
3501 Ponce De Leon Equities Ll
since 2014
3 recorded transactions
Zoning & alternative use
CM2 · Saint Augustine, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.2M
+2.8%
Medical building
$8.0M
+0.5%
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 St Augustine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs St 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
NEIGHBORHOOD: SHOPPING CENTER
$7,930,000
Current use
AUTO REPAIR, GARAGE
$8,155,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$7,970,000
Change: +0% · Conversion: Difficult
RETAIL STORES
$7,490,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$5.26M
Range $4.73M – $5.78M · ±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
$168 / 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
$77,976
Tax year 2023
Assessed value
$4,884,900
Assessed 2023
Previous assessed
$3,131,600
+56.0% YoY
Effective rate
1.60%
On assessed value
Land market value
$930,680
Improvement market value
$3,954,220
Total market value
$4,884,900
Applied tax rate
452.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
31,199 SF
Lot
3.62 ac (157,687 SF)
Zoning code
CM2
APN
154893 0000
UPID
US18-4648668
Jurisdiction
ST JOHNS
Zoning & alternative use
CM2 · Saint Augustine, FL
Zoning CM2 · permitted uses
CM2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$7.9M
AUTO REPAIR, GARAGE
Est. value
$8.2M
MEDICAL BUILDING
Est. value
$8.0M
RETAIL STORES
Est. value
$7.5M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
3.62 ac
Current owner
From public records · entity-resolved
3501 Ponce De Leon Equities Ll
Individual
Free & Clear · 11 yrs held
Mailing address
55 5TH AVE FL #15, NEW YORK, NY 10003-4301
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2014
$3,975,000
3501 Ponce De Leon Equities Ll
W J Collins & Associates INC
Grant Deed
—
—
—
3501 Ponce De Leon Equities Ll
—
Loan Modification
related
$3,279,909 · Byline Bk
—
—
W J Collins & Associates INC
—
Deed Of Trust
related
$2,277 · City Of St Augustine Florida
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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