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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Office buildings
4 Ofc Park Dr Palm Coast, FL 32137-3855
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-3877424
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,225 SF
Lot
0.87 ac (38,028 SF)
Zoning code
OFC-2
APN
07-11-31-7003-000A0-002A
UPID
US18-3877424
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
$615k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$560k
Owner & transaction history
5 Fifth Avenue LLC · 12 yrs held
5 Fifth Avenue LLC
since 2014
7 recorded transactions
Zoning & alternative use
OFC-2 · Palm Coast, 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 Palm Coast submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Coast 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%
$665,000
6.5%
$615,000
7%
$570,000
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$174 / 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
$8,634
Tax year 2023
Assessed value
$466,000
Assessed 2023
Previous assessed
$466,000
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed improvement
$466,000
Improvement market value
$466,000
Total market value
$466,000
Applied tax rate
61.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
AC.PACKAGE
Buildings
5
Stories
1
Units
1
Total area
3,225 SF
Lot
0.87 ac (38,028 SF)
Zoning code
OFC-2
APN
07-11-31-7003-000A0-002A
UPID
US18-3877424
Jurisdiction
FLAGLER
Zoning & alternative use
OFC-2 · Palm Coast, FL
Zoning OFC-2 · permitted uses
OFC-2 · Palm Coast, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Coast. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Units
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
5 Fifth Avenue LLC
Entity
Mailing address
PO BOX 249, FLAGLER BEACH, FL 32136-0249
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2021
—
Rm 5 Fifth Avenue LLC
—
Deed
related
$900,000 · Space Coast Cu
Nov 22, 2019
—
5 Fifth Avenue LLC
—
Deed
related
$486,144 · Intracoastal Bk
Jul 25, 2018
—
5 Fifth Avenue LLC
—
Deed
related
$50,000 · Intracoastal Bk
May 17, 2016
—
Rm 5 Fifth Aveneue LLC
—
Deed
related
$50,000 · Intracoastal Bank
Jun 25, 2014
$500,000
5 Fifth Avenue LLC
Pivnick,jay
Warranty Deed
—
May 16, 2014
$340,000
Jay Pivnick
4 Office Park LLC
Warranty Deed
$100,000 · Patricia E Van Dusen
Sep 27, 2011
—
4 Office Park LLC
Vandusen,patricia E
Grant Deed
—
Jan 14, 2011
—
4 Office Park LLC
Vandusen,patricia E
Warranty Deed
related
—
—
—
5 Fifth Avenue LLC
—
Loan Modification
related
$486,144 · Intracoastal Bk
—
—
5 Fifth Avenue LLC
—
Loan Modification
related
$50,000 · Intracoastal Bk
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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