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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Grocery and convenience stores
489 6th St Macclenny, FL 32063-2017
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-9501085
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1975
Total area
4,080 SF
Lot
0.64 ac (27,878 SF)
APN
29-2S-22-0075-0000-0010
UPID
US18-9501085
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
-
Citgo Gas Station
-
Krispy Krunchy Chicken Restaurant
-
QUICK N Handy / Krispy Krunchy Chicken Grocery & Convenience Store
-
ATM Atm
-
Quick N Handy Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
$760k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$695k
Owner & transaction history
Tristar Invesco INC · 2 yrs held
Tristar Invesco INC
since 2023
Last sale
$700,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$865,000
+25.6%
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 Macclenny submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macclenny 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
$690,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
$825,000
6.5%
$760,000
7%
$705,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$690,000
Current use
COMMERCIAL (GENERAL)
$865,000
Change: +26% · Conversion: Easy
OFFICE BUILDING
$585,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $700k (Dec 20 2023)
Last sale anchor
$700k
Dec 20 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
$170 / 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
$2,122
Tax year 2023
Assessed value
$121,867
Assessed 2023
Previous assessed
$121,867
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$50,368
Assessed improvement
$71,499
Land market value
$50,368
Improvement market value
$71,499
Total market value
$121,867
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
1975
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
4,080 SF
Lot
0.64 ac (27,878 SF)
APN
29-2S-22-0075-0000-0010
UPID
US18-9501085
Jurisdiction
BAKER
Zoning & alternative use
Zoning · permitted uses
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$690,000
COMMERCIAL (GENERAL)
Est. value
$865,000
OFFICE BUILDING
Est. value
$585,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
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
1975
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Tristar Invesco INC
Entity
Free & Clear · 2 yrs held
Mailing address
380 COMMERCE PKWY, ROCKLEDGE, FL 32955-4280
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2023
$700,000
Tristar Invesco INC
Mnm Patel LLC
Warranty Deed
—
Apr 5, 2010
$481,000
Macedonia Store INC
Davis & Davis Ents INC
Warranty Deed
$480,900 · Davis & Davis Ents INC
Jun 10, 2008
$420,000
Davis & Davis Enterprises INC
Gordons INC
Warranty Deed
$439,000 · American Enterprise Bank Of Florida
Jun 6, 2008
—
Quick N Handy INC
Neil Lee INC
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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