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Property profile & analytics
OFF-MARKET
Estimated value
$1,420,000
Office buildings
6 Meridian Home Ln Palm Coast, FL 32137-2402
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4481039
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
STEEL FRAME
Total area
7,724 SF
Lot
1 ac (43,604 SF)
Zoning code
C-2
APN
40-10-31-3275-00000-0010
UPID
US18-4481039
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
-
Studio Figura USA Big Box & Wholesale Store
-
We Sell Restaurants Business Broker Commercial Real Estate Agency
-
Four Seasons ABA Association / Organization
-
Blue Jay Academy High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.70M
CAP Approach
CAP
$1.47M
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.42M
Owner & transaction history
6 Meridian LLC · 3 yrs held
6 Meridian LLC
since 2023
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
C-2 · Palm Coast, 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 Palm Coast submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Coast 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
$1,635,000
ML approach
$1,700,000
CAP Approach
CAP Return
Estimation
6%
$1,590,000
6.5%
$1,470,000
7%
$1,365,000
Blend value · Realmo final
$1.42M
Range $1.28M – $1.56M · ±10% · vs last sale $1.20M (May 10 2023)
Last sale anchor
$1.20M
May 10 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
$184 / 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
$9,449
Tax year 2023
Assessed value
$660,056
Assessed 2023
Previous assessed
$660,056
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed improvement
$660,056
Improvement market value
$660,056
Total market value
$660,056
Applied tax rate
2.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
NONE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
7,724 SF
Lot
1 ac (43,604 SF)
Zoning code
C-2
APN
40-10-31-3275-00000-0010
UPID
US18-4481039
Jurisdiction
FLAGLER
Zoning & alternative use
C-2 · Palm Coast, FL
Zoning C-2 · permitted uses
C-2 · Palm Coast, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Coast. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
6 Meridian LLC
Entity
Mailing address
5055 N OCEAN SHR BLVD, PALM COAST, FL 32137-3305
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2023
—
6 Meridian LLC
—
Deed
related
$1,920,000 · Cadence Bank NA
May 10, 2023
$1,200,000
6 Meridian LLC
Dream Live Prosper Building LLC
Warranty Deed
—
Apr 12, 2022
—
Funcoast Rentals INC
—
Deed
related
$1,160,025 · Dream Live Prosper Building LLC
Mar 16, 2021
$160,000
Dream Live Prosper Building LLC
Jay Street Ventures LLC
Special Warranty Deed
—
Feb 26, 2021
$160,000
Dream Live Prosper Building LLC
Jay Street Ventures LLC
Special Warranty Deed
—
Apr 1, 2016
$1,125,000
Dream Live Prosper Building Ll
Penguin Realty LLC
Warranty Deed
$843,750 · Intracoastal 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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