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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Grocery and convenience stores
462487 State Rd 200 Yulee, FL 32097-2641
Individually Owned
10-yr Hold
Free & Clear
Property ID
US19-0856579
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2000
Construction
STEEL FRAME
Total area
8,632 SF
Lot
4 ac (174,240 SF)
Zoning code
CHT
APN
39-2N-26-0000-0001-0010
UPID
US19-0856579
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
Current use
Occupant on record · Public records
-
462487 Fl-200 Parking Parking Lot & Garage
-
Oasis At Amelia BP Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$986k
Blend (final)
Blend
$1.03M
Owner & transaction history
Westgate Resorts Ltd · 10 yrs held
Westgate Resorts Ltd
since 2016
3 recorded transactions
Zoning & alternative use
CHT · Yulee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+284.3%
Warehouse, storage
$1.2M
+185.0%
Restaurant
$1.1M
+158.1%
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 Yulee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yulee 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
COMMERCIAL (GENERAL)
$1,565,000
Change: +284% · Conversion: Easy
WAREHOUSE, STORAGE
$1,160,000
Change: +185% · Conversion: Difficult
RESTAURANT
$1,050,000
Change: +158% · Conversion: Difficult
OFFICE BUILDING
$975,000
Change: +140% · Conversion: Moderate
AUTO REPAIR, GARAGE
$940,000
Change: +130% · Conversion: Difficult
RETAIL STORES
$920,000
Change: +126% · Conversion: Easy
MEDICAL BUILDING
$755,000
Change: +85% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±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
$119 / 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
$27,884
Tax year 2023
Assessed value
$1,943,562
Assessed 2023
Previous assessed
$1,755,751
+10.7% YoY
Effective rate
1.43%
On assessed value
Assessed land
$958,320
Assessed improvement
$985,242
Land market value
$958,320
Improvement market value
$985,242
Total market value
$1,943,562
Applied tax rate
4.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
10
Total area
8,632 SF
Lot
4 ac (174,240 SF)
Zoning code
CHT
APN
39-2N-26-0000-0001-0010
UPID
US19-0856579
Jurisdiction
NASSAU
Zoning & alternative use
CHT · Yulee, FL
Zoning CHT · permitted uses
CHT · Yulee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yulee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.2M
RESTAURANT
Est. value
$1.1M
OFFICE BUILDING
Est. value
$975,000
AUTO REPAIR, GARAGE
Est. value
$940,000
RETAIL STORES
Est. value
$920,000
MEDICAL BUILDING
Est. value
$755,000
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
10
Lot
4 ac
Current owner
From public records · entity-resolved
Westgate Resorts Ltd
Individual
Free & Clear · 10 yrs held
Mailing address
5601 WINDHOVER DR, ORLANDO, FL 32819-7936
Ownership since
2016
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
Apr 25, 2016
$1,500,000
Westgate Resorts Ltd
Tpn Investments LLC
Grant Deed
—
Nov 26, 2008
$2,600,000
Tpn Investments LLC
Pipeline Food Stores INC
Grant Deed
—
Feb 17, 2004
—
Pipeline Food Stores INC
Eagle Land Group LLC
Quit Claim Deed
related
—
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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