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Property profile & analytics
OFF-MARKET
Estimated value
$3,125,000
Drive through restaurants
495 State Rd 13th N Saint Johns, FL 32259-2834
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-6319948
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,619 SF
Lot
0.93 ac (40,327 SF)
Zoning code
PUD
APN
250002 0006
UPID
US18-6319948
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
-
Starbucks (July 2020 - formerly Burger King) Cafe & Coffee Shop
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.04M
Blend (final)
Blend
$3.13M
Owner & transaction history
104 Luttgen Place LLC · 5 yrs held
104 Luttgen Place LLC
since 2021
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
PUD · Saint Johns, 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 Saint Johns submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Johns 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
$3,395,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.13M
Range $2.81M – $3.44M · ±10% · vs last sale $2.99M (Jan 19 2021)
Last sale anchor
$2.99M
Jan 19 2021
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
$863 / 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
$38,755
Tax year 2023
Assessed value
$1,286,260
Assessed 2023
Previous assessed
$1,091,746
+17.8% YoY
Effective rate
3.01%
On assessed value
Land market value
$604,905
Improvement market value
$681,355
Total market value
$1,286,260
Applied tax rate
152.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
3,619 SF
Lot
0.93 ac (40,327 SF)
Zoning code
PUD
APN
250002 0006
UPID
US18-6319948
Jurisdiction
ST JOHNS
Zoning & alternative use
PUD · Saint Johns, FLZoning PUD · permitted uses
PUD · Saint Johns, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
104 Luttgen Place LLC
Entity
Mailing address
2107 SAINT GEORGES AVE, RAHWAY, NJ 07065-2052
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2021
$2,990,000
104 Luttgen Place LLC
Ftd Enterprises LLC
Special Warranty Deed
$1,950,000 · Provident Bank
Sep 23, 2016
—
Ftd Ents LLC
—
Deed
related
$1,300,000 · Stonegate Bk
Jun 9, 2016
$1,930,000
Ftd Ents LLC
Orion Bk Fruit LLC
Grant Deed
—
Feb 19, 2016
$1,497,000
Orion Bk Fruit LLC
Morrison Holdings LLC
Warranty Deed
$1,000,000 · First National Bank Of South Miami
Aug 6, 2014
—
Morrison Holdings LLC
Morrison,mildred C
Quit Claim Deed
related
—
Mar 28, 2006
$1,613,546
Morrison Byron W Family Trust
Cnl Net Lease Funding 2003 LLC
Grant Deed
—
Aug 24, 2005
$1,368,500
Cnl Net Lease Funding 2003 LLC
Nath Florida Franchise Group INC
Warranty Deed
—
—
—
Duke & King Florida LLC
—
Deed Of Trust
related
$500,000 · Bank Of America
—
—
Ftd Ents LLC
—
Deed Of Trust
related
$1,300,000 · Stonegate 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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