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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Strip malls
618 State Rd 13th N Saint Johns, FL 32259-3087
Entity Owned
2-yr Hold
Property ID
US18-6350470
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,100 SF
Lot
0.47 ac (20,473 SF)
Zoning code
CG
APN
005561 0030
UPID
US18-6350470
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
-
Affordable Dentures Dental Office
-
Training for Warriors Julington Creek - a gym for all fitness levels! Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$640k
Owner & transaction history
Florida First Capital Finance Corp · 2 yrs held
Florida First Capital Finance Corp
since 2023
7 recorded transactions
Zoning & alternative use
CG · Saint Johns, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$990,000
+20.9%
Retail stores
$925,000
+12.8%
Apartment house (5+ units)
$840,000
+2.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$820,000
Current use
OFFICE BUILDING
$990,000
Change: +21% · Conversion: Moderate
RETAIL STORES
$925,000
Change: +13% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$840,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±10%
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
$125 / 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
$12,041
Tax year 2023
Assessed value
$948,594
Assessed 2023
Previous assessed
$636,274
+49.1% YoY
Effective rate
1.27%
On assessed value
Land market value
$409,464
Improvement market value
$539,130
Total market value
$948,594
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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
5,100 SF
Lot
0.47 ac (20,473 SF)
Zoning code
CG
APN
005561 0030
UPID
US18-6350470
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
$820,000
OFFICE BUILDING
Est. value
$990,000
RETAIL STORES
Est. value
$925,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$840,000
NEIGHBORHOOD: SHOPPING CENTER Current
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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Florida First Capital Finance Corp
Entity
Mailing address
1351 N GADSDEN ST, TALLAHASSEE, FL 32303-5668
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2023
—
Florida First Capital Finance Corp
Fit & Healthy LLC
Assignment Of Deed
—
Dec 8, 2022
$1,050,000
Wood Brother Properties LLC
Gruveg LLC
Warranty Deed
$615,000 · Pinncacle Bank
Dec 10, 2014
—
Samc Reo 2013-01 LLC
Harbour Place Prof Par Coc
Trustees Deed
related
—
Oct 3, 2007
—
Sanibel Plantation Plaza Ltd
—
Trustees Deed
related
$780,000 · Haven Trust Bank
Nov 21, 2005
$580,100
Sanibel Plantation Plaza Ltd
Harbour Place Prof Park
Warranty Deed
$480,000 · Edward L Green
—
—
Edward L Green
—
Deed Of Trust
related
$900,000 · Harbour Place Professional
—
—
Sanibel Plantation Plaza Ltd
—
Deed Of Trust
related
$831,592 · Haven Trust Bank
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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