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Property profile & analytics
OFF-MARKET
Estimated value
$5,930,000
Strip malls
616 State Rd 13th N Saint Johns, FL 32259-3871
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-3402424
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
30,328 SF
Lot
2.97 ac (129,373 SF)
Zoning code
CG
APN
005560 0000
UPID
US18-3402424
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
-
Dermatology Southeast Physician Medical Clinic
-
The Playful Family, Inc. Social Service Agency Charitable Organization
-
Look Whoo’s Talking, LLC Physician
-
Arianne E Dermatology Associates - Talla Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.96M
Comparable Approach
Comparable
$6.08M
Blend (final)
Blend
$5.93M
Owner & transaction history
Dse St Johns 2 LLC · 4 yrs held
Dse St Johns 2 LLC
since 2021
Last sale
$5.3M
3 recorded transactions
Zoning & alternative use
CG · Saint Johns, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.7M
+57.1%
Medical building
$6.9M
+42.3%
Auto repair, garage
$6.5M
+32.8%
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
$6,020,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,535,000
6.5%
$6,955,000
7%
$6,455,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,870,000
Current use
COMMERCIAL (GENERAL)
$7,650,000
Change: +57% · Conversion: Easy
MEDICAL BUILDING
$6,930,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,470,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$5,890,000
Change: +21% · Conversion: Moderate
RETAIL STORES
$5,490,000
Change: +13% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$5,005,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$5.93M
Range $5.34M – $6.52M · ±10% · vs last sale $5.30M (Dec 23 2021)
Last sale anchor
$5.30M
Dec 23 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
$196 / 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
$67,739
Tax year 2023
Assessed value
$5,884,459
Assessed 2023
Previous assessed
$4,481,422
+31.3% YoY
Effective rate
1.15%
On assessed value
Land market value
$2,218,147
Improvement market value
$3,666,312
Total market value
$5,884,459
Applied tax rate
300.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
30,328 SF
Lot
2.97 ac (129,373 SF)
Zoning code
CG
APN
005560 0000
UPID
US18-3402424
Jurisdiction
ST JOHNS
Zoning & alternative use
CG · Saint Johns, FL
Zoning CG · permitted uses
CG · Saint Johns, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Johns. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.9M
COMMERCIAL (GENERAL)
Est. value
$7.7M
MEDICAL BUILDING
Est. value
$6.9M
AUTO REPAIR, GARAGE
Est. value
$6.5M
OFFICE BUILDING
Est. value
$5.9M
RETAIL STORES
Est. value
$5.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.0M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.97 ac
Current owner
From public records · entity-resolved
Dse St Johns 2 LLC
Entity
Mailing address
1714 MAHAN CTR BLVD, TALLAHASSEE, FL 32308-5427
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2021
$5,300,000
Dse St Johns 2 LLC
Reliable Property Investments LLC
Warranty Deed
$2,200,000 · Whitney Bank
Feb 4, 2016
$2,000,000
Reliable Property Investments LLC
Samc Reo 2013-01 LLC
Quit Claim Deed
related
$1,600,000 · Ameris Bank
—
—
Edward L Green
—
Deed Of Trust
related
$900,000 · Harbour Place Professional
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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