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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Automotive properties
605 Wls Rd Orange Park, FL 32073-2925
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0714182
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1992
Construction
STEEL FRAME
Total area
4,750 SF
Lot
1.43 ac (62,387 SF)
Zoning code
CI
APN
41-04-26-019238-008-00
UPID
US19-0714182
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
$720k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$500k
Blend (final)
Blend
$760k
Owner & transaction history
605 Wells Rd LLC · 3 yrs held
605 Wells Rd LLC
since 2022
Last sale
$810,000
5 recorded transactions
Zoning & alternative use
CI · Orange Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+13.4%
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 Orange Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange Park 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
$695,000
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$895,000
Current use
MEDICAL BUILDING
$1,015,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$785,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $810k (Dec 16 2022)
Last sale anchor
$810k
Dec 16 2022
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
$160 / 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
$13,536
Tax year 2023
Assessed value
$759,142
Assessed 2023
Previous assessed
$759,142
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$467,903
Assessed improvement
$291,239
Land market value
$467,903
Improvement market value
$291,239
Total market value
$759,142
Applied tax rate
4.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1992
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
5
Total area
4,750 SF
Lot
1.43 ac (62,387 SF)
Zoning code
CI
APN
41-04-26-019238-008-00
UPID
US19-0714182
Jurisdiction
CLAY
Zoning & alternative use
CI · Orange Park, FL
Zoning CI · permitted uses
CI · Orange Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orange Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$895,000
MEDICAL BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$785,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
RETAIL STORES
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
1992
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Lot
1.43 ac
Current owner
From public records · entity-resolved
605 Wells Rd LLC
Entity
Mailing address
538 PARK AVE STE #3, ORANGE PARK, FL 32073-3111
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2022
$810,000
605 Wells Rd LLC
Gerald S Roberts
Special Warranty Deed
$648,000 · Lafayette State Bank
Dec 16, 2022
$340,000
Wells Rd LLC
Gerald S Roberts
Special Warranty Deed
—
May 7, 2020
—
State Of Fl Dept & Transportation
Gerald S Roberts
Warranty Deed
—
Jan 25, 2007
$31,300
Clay County
Roberts,gerald S & Gail W
Grant Deed
—
Sep 3, 2003
$1,300,000
Orange Park Commerce Center
Roberts,gerald S & Gail W
Grant Deed
$3,000,000 · Southtrust Bank NA
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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