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Property profile & analytics
OFF-MARKET
Retail space
720 Saint Johns Ave Palatka, FL 32177-4646
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-2251311
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,625 SF
Lot
0.07 ac (3,049 SF)
APN
42-10-27-6850-055.0-002.1
UPID
US18-2251311
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
The Thairapy Centre LLC · 2 yrs held
The Thairapy Centre LLC
since 2024
Last sale
$120,000
7 recorded transactions
Zoning & alternative use
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 Palatka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palatka 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
$473
Tax year 2023
Assessed value
$14,130
Assessed 2023
Previous assessed
$23,170
-39.0% YoY
Effective rate
3.35%
On assessed value
Land market value
$12,200
Improvement market value
$1,930
Total market value
$14,130
Applied tax rate
16.0000
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
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
2,625 SF
Lot
0.07 ac (3,049 SF)
APN
42-10-27-6850-055.0-002.1
UPID
US18-2251311
Jurisdiction
PUTNAM
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
0.07 ac
Current owner
From public records · entity-resolved
The Thairapy Centre LLC
Entity
Mailing address
1429 N ATLANTIC AVE UNIT #131, DAYTONA BEACH, FL 32118-3543
Ownership since
2024
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
Jun 28, 2024
$120,000
The Thairapy Centre LLC
James P Mcmahon
Warranty Deed
$1,000 · James Mcmahon
Dec 2, 2022
—
Jim Mcmahon
Michael Zimmerman
Quit Claim Deed
related
—
Mar 1, 2017
$25,000
Michael Zimmerman
Sharp,alexander M IV
Warranty Deed
$22,500 · Alexander M IV Sharp
Nov 16, 2015
$21,000
Alexander M Sharp IV
Key Law Offices Pa
Quit Claim Deed
related
—
Jun 21, 2012
$25,000
Law Offices Of John Key Pa
Sharp,alexander M IV
Warranty Deed
$24,000 · Alexander M IV Sharp
Dec 9, 2010
$15,000
Alexander M Sharp IV
Rj2 INC
Warranty Deed
—
May 5, 1999
$20,000
R J 2 INC
Williams,cary L
Grant Deed
—
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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