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Property profile & analytics
OFF-MARKET
Retail space
542077 Us Hwy 1st 1 Callahan, FL 32011-8110
Entity Owned
16-yr Hold
Free & Clear
Property ID
US18-2779034
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Construction
WOOD
Total area
988 SF
Lot
0.48 ac (21,060 SF)
Zoning code
CG
APN
49-2N-25-4100-0002-0040
UPID
US18-2779034
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Slek LLC · 16 yrs held
Slek LLC
since 2010
2 recorded transactions
Zoning & alternative use
CG · Callahan, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CG Commercial General District ~--- § 195-68. Intent. The provisions of this district are intended to provide areas for the development of commercial uses which will provide the commercial needs of Callahan and surrounding areas. The areas designated in this district are intended to be accessible to major streets in Callahan . The Commercial, General Distric…
Zone name
Commercial General
General category
COMMERCIAL
Zone area
87.70 ac
Source
Town of Callahan
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 Callahan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Callahan 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,574
Tax year 2023
Assessed value
$100,880
Assessed 2023
Previous assessed
$131,421
-23.2% YoY
Effective rate
1.56%
On assessed value
Assessed land
$77,884
Assessed improvement
$22,996
Land market value
$77,884
Improvement market value
$22,996
Total market value
$100,880
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1949
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
3
Total area
988 SF
Lot
0.48 ac (21,060 SF)
Zoning code
CG
APN
49-2N-25-4100-0002-0040
UPID
US18-2779034
Jurisdiction
NASSAU
Zoning & alternative use
CG · Callahan, FLZoning CG · permitted uses
CG · Callahan, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
CG Commercial General District ~--- § 195-68. Intent. The provisions of this district are intended to provide areas for the development of commercial uses which will provide the commercial needs of Callahan and surrounding areas. The areas designated in this district are intended to be accessible to major streets in Callahan . The Commercial, General District (CG) shall contain areas which are consistent with the commercial development guidelines established in the adopted Callahan Comprehensive Plan. It is also the intent of the CG District to encourage the concentration of commercial uses on contiguous parcels to be developed as a cohesive unit. Planned commercial developments are also encouraged. 195:36 07 - 01 - 2004
Zone name
Commercial General
General category
COMMERCIAL
Zone area
87.70 ac
Source
Town of Callahan
Building & site characteristics
From public records
Year built
1949
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
3
Lot
0.48 ac
Current owner
From public records · entity-resolved
Slek LLC
Entity
Free & Clear · 16 yrs held
Mailing address
2338 S 8TH ST, FERNANDINA BEACH, FL 32034-1979
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
Feb 26, 2010
$125,000
Slek LLC
Nichols,cynthia L
Warranty Deed
—
Feb 5, 2010
—
Cynthia L Nichols
Bowers,pamela Q
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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