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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Retail residential properties
4480 Ocean Shr Blvd Palm Coast, FL 32137-2220
Entity Owned
15-yr Hold
Free & Clear
Property ID
US19-0469938
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1983
Construction
STEEL FRAME
Total area
3,998 SF
Lot
0.78 ac (34,064 SF)
Zoning code
R/C
APN
38-11-31-0950-00000-0020
UPID
US19-0469938
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
$625k
Comparable Approach
Comparable
$369k
Blend (final)
Blend
$505k
Owner & transaction history
Art Lamay Studio LLC · 15 yrs held
Art Lamay Studio LLC
since 2010
2 recorded transactions
Zoning & alternative use
R/C · 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%
$675,000
6.5%
$625,000
7%
$580,000
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$126 / 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
$2,728
Tax year 2023
Assessed value
$231,729
Assessed 2023
Previous assessed
$231,729
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$59,584
Assessed improvement
$172,145
Land market value
$59,584
Improvement market value
$172,145
Total market value
$231,729
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
3,998 SF
Lot
0.78 ac (34,064 SF)
Zoning code
R/C
APN
38-11-31-0950-00000-0020
UPID
US19-0469938
Jurisdiction
FLAGLER
Zoning & alternative use
R/C · Palm Coast, FL
Zoning R/C · permitted uses
R/C · 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
1983
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Art Lamay Studio LLC
Entity
Free & Clear · 15 yrs held
Mailing address
4480 N OCEAN SHR BLVD, PALM COAST, FL 32137-2220
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2010
—
Art Lamay Studio LLC
Lamay,arthur F & Bonnie J
Quit Claim Deed
related
—
Jul 6, 2004
$145,000
Arthur F Lamay
Olson,richard & Kip
Grant Deed
—
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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