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Property profile & analytics
FOR LEASE
Distribution centers
3660 Deerpark Blvd Elkton, FL 32033
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1028636
For Lease
1 / 2
$30,440,000
3660 Deerpark Blvd, Elkton, FL 32033
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
326,691 SF
Lot
32.46 ac (1,413,740 SF)
Zoning code
PUD
APN
136321 0090
UPID
US18-1028636
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
$39.44M
Blend (final)
Blend
$30.44M
Owner & transaction history
Ecp Deerpark Property LLC · 3 yrs held
Ecp Deerpark Property LLC
since 2023
Last sale
$30.0M
7 recorded transactions
Zoning & alternative use
PUD · Elkton, 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 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
$30,220,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$40,570,000
Current use
Blend value · Realmo final
$30.44M
Range $27.40M – $33.48M · ±10% · vs last sale $30.00M (Mar 3 2023)
Last sale anchor
$30.00M
Mar 3 2023
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
$93 / 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
$245,886
Tax year 2023
Assessed value
$23,717,700
Assessed 2023
Previous assessed
$14,699,491
+61.4% YoY
Effective rate
1.04%
On assessed value
Land market value
$4,948,160
Improvement market value
$18,769,540
Total market value
$23,717,700
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Total area
326,691 SF
Lot
32.46 ac (1,413,740 SF)
Zoning code
PUD
APN
136321 0090
UPID
US18-1028636
Jurisdiction
ST JOHNS
Zoning & alternative use
PUD · Elkton, FL
Zoning PUD · permitted uses
PUD · Elkton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elkton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$40.6M
WAREHOUSE, STORAGE Current
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
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
32.46 ac
Current owner
From public records · entity-resolved
Ecp Deerpark Property LLC
Entity
Mailing address
15 WOODS GRV RD, WESTPORT, CT 06880-2427
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2023
$30,000,000
Ecp Deerpark Property LLC
Usdlp Ll LLC
Special Warranty Deed
$17,500,000 · Aetna Life Insurance Co
Apr 18, 2019
$26,100,000
Usdlp Ll LLC
RT Elkton LLC
Grant Deed
$62,850 · Canadian Imperial Bk/commerc
Oct 18, 2018
—
RT Flkton LLC
—
Deed
related
$464,000,000 · Citibank NA
Apr 12, 2017
—
Skinner Elkton Tract LLC
Elkton LLC
Quit Claim Deed
related
—
Feb 11, 2011
—
RT Elkton LLC
—
Deed Of Trust
related
$29,350,000 · Ing USA Annunity & Life Ins Co
Nov 2, 2010
$15,750,000
RT Elkton LLC
Teachers Ins & Annuity Assn Of Am
Grant Deed
—
Sep 21, 2005
$16,073,954
Teachers Ins & Annuity Assn Of Am
Opus Real Estate Florida V LLC
Grant Deed
—
—
—
RT Elkton LLC
—
Deed Of Trust
related
$7,650,000 · Ing USA Annunity & Life Ins Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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