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Property profile & analytics
OFF-MARKET
Estimated value
$6,820,000
Grocery and convenience stores
475 Town Pl Saint Augustine, FL 32092-3648
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-1455350
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
31,745 SF
Lot
8.03 ac (349,787 SF)
Zoning code
DRI
APN
027955 0092
UPID
US18-1455350
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
-
Raising Cents Tax Preparation
-
Murphy Chiropractic Health Center Alternative Medicine Practice
-
Mark T. Murphy, DC Alternative Medicine Practice
-
Dr. Tod Northrup - Spartan Orthopedics Institute Physician
-
May Management Services Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.52M
Comparable Approach
Comparable
$6.37M
Blend (final)
Blend
$6.82M
Owner & transaction history
Town Center At St Johns LLC · 2 yrs held
Town Center At St Johns LLC
since 2023
Last sale
$7.1M
2 recorded transactions
Zoning & alternative use
DRI · Saint Augustine, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.3M
+6.0%
Medical building
$8.1M
+3.6%
Neighborhood: shopping center
$8.1M
+3.1%
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 Saint Augustine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint 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
$7,125,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,980,000
6.5%
$5,520,000
7%
$5,125,000
Alternative Use
Use
Estimation
RETAIL STORES
$7,830,000
Current use
AUTO REPAIR, GARAGE
$8,300,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$8,110,000
Change: +4% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$8,070,000
Change: +3% · Conversion: Moderate
OFFICE BUILDING
$6,875,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$6.82M
Range $6.14M – $7.50M · ±10% · vs last sale $7.15M (Oct 11 2023)
Last sale anchor
$7.15M
Oct 11 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
$215 / 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
$38,294
Tax year 2023
Assessed value
$3,582,300
Assessed 2023
Previous assessed
$2,957,155
+21.1% YoY
Effective rate
1.07%
On assessed value
Land market value
$1,399,147
Improvement market value
$2,183,153
Total market value
$3,582,300
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
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
31,745 SF
Lot
8.03 ac (349,787 SF)
Zoning code
DRI
APN
027955 0092
UPID
US18-1455350
Jurisdiction
ST JOHNS
Zoning & alternative use
DRI · Saint Augustine, FLZoning DRI · permitted uses
DRI · Saint Augustine, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$7.8M
AUTO REPAIR, GARAGE
Est. value
$8.3M
MEDICAL BUILDING
Est. value
$8.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.1M
OFFICE BUILDING
Est. value
$6.9M
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE 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
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
8.03 ac
Current owner
From public records · entity-resolved
Town Center At St Johns LLC
Entity
Free & Clear · 2 yrs held
Mailing address
6525 3RD ST STE #409, ROCKLEDGE, FL 32955-5756
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2023
—
Town Center At St Johns LLC
Hp Pop LLC
Quit Claim Deed
related
—
Oct 7, 2004
$7,145,000
Town Center At St Johns LLC
Tcw Property Management INC
Warranty Deed
$4,500,000 · Ge Capital Assurance 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.
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