Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7579 1st S Saint Augustine, FL 32080-8204
    Back to Search
    Property profile & analytics

    7579 1st S, Saint Augustine, FL 32080-8204

    View on Map
    • Drive through restaurants
    • 3,324 SF
    • 2.93 lot acres
    Off-Market
    Property ID
    US18-8975632
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,250,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 7579 1st S

    Year built
    2017
    Construction
    WOOD
    Lot size
    2.93 lot acres
    Zone code
    CHT
    Property type
    Drive through restaurants
    APN
    185540 0265
    APU
    1855400265

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 7, 2021 $620,000 The Commander S Shellfish Camp LLC 199 Purpose Properties LLC Special Warranty Deed —
    Jan 21, 2016 $454,100 The Commanders Shellfish Camp LLC Michael Sullivan Warranty Deed $500k · 121 Financial Cu
    Sep 3, 2014 $560,000 Michael Sullivan Longlot A1a LLC Warranty Deed $460k · Longlot A1a LLC
    Apr 4, 2011 $386,000 Long Lot A1a LLC Eastern Svgs Bk Fsb Grant Deed —
    Dec 14, 2010 — Eastern Svgs Bk Fsb Randall,d W & Julie Coc Trustees Deed · related —
    Jun 1, 1990 — — — Grant Deed · related —
    — — Commanders Shellfish Camp LLC — Loan Modification · related $254k · Florida First Cap Fin
    — — Commanders Shellfish Camp LLC — Deed Of Trust · related $500k · 121 Fin'l Cu

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,251,000
      Market price range: $923k - $2.25M
      AI Estimate
      $2,251,000
      Market price range: $923k - $2.25M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint Augustine
    County
    St. Johns
    State
    Florida
    Longitude
    -81.2476
    Latitude
    29.7501
    CBSA code
    27260
    CBSA name
    JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,759
    $0.00
    $0.00
    $1,651,848
    -
    $1,937,600
    $438,960
    $2,376,560

    Comparable in this City

    • Value Estimation
      $1,375,000
      4,480 SF

      300 Anastasia Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD
      300 Anastasia Blvd, Saint Augustine, FL 32080-4759
      View Details
    • Value Estimation
      $1,460,000
      2,156 SF

      1870 1st S

      DRIVE-THRU RESTAURANT, FAST FOOD
      1870 1st S, Saint Augustine, FL 32080-5606
      View Details
    • Value Estimation
      $1,200,000
      4,048 SF

      604 Anastasia Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD
      604 Anastasia Blvd, Saint Augustine, FL 32080-4614
      View Details
    • Value Estimation
      $695,000
      1,024 SF

      671 1st Bch Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD
      671 1st Bch Blvd, Saint Augustine, FL 32080-7970
      View Details
    • Value Estimation
      $2,100,000
      2,690 SF

      2040 1st S

      DRIVE-THRU RESTAURANT, FAST FOOD
      2040 1st S, Saint Augustine, FL 32080-6510
      View Details
    • Value Estimation
      $1,040,000
      3,733 SF

      828 Anastasia Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD
      828 Anastasia Blvd, Saint Augustine, FL 32080-4660
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,153 SF

      Retail Space with Planned Renovations

      Retail space for sale with planned 2025 renovations.
      855 Anastasia Blvd, St Augustine, FL 32080
      View Details
    • $2,422,000

      Coastal Land Assemblage with Income

      Prime St. Augustine location with immediate income potential.
      5703 S A1A, St Augustine Beach, FL 32080
      View Details
    • Contact for pricing

      Beachside Multifamily in Saint Augustine

      Multifamily property with commercial zoning near beach access.
      5092 South St South, St Augustine, FL 32080
      View Details
    • Contact for pricing
      2,774 SF

      Former Bank Branch For Sale

      Highly visible corner location suitable for financial or retail use.
      3970 A1A S, St Augustine, FL 32080
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,444 SF

      Anastasia Blvd Retail Opportunity

      7,444 SF retail space on high-traffic Anastasia Blvd.
      201 Anastasia Blvd, Saint Augustine, FL 32080
      View Details
    • Contact for pricing

      Anastasia Island Retail/Office/Restaurant Space

      2,535 SF space on A1A, suitable for retail/office/restaurant.
      4320 A1A S, St Augustine, FL 32080
      View Details
    • Contact for pricing

      St. Augustine Beach Retail Space

      Retail space in high-traffic St. Augustine Beach shopping center.
      1033 A1A Beach Blvd, St Augustine, FL 32080
      View Details
    • Contact for pricing

      St. Augustine Retail/Office Space

      Retail or office space in St. Augustine, Florida.
      303 Anastasia Blvd, Saint Augustine, FL 32080
      View Details
    • Contact for pricing
      1,204 SF

      Retail Space in Saint Augustine

      Retail space available in high-traffic Saint Augustine shopping center.
      1047-1089 A1A Beach Blvd, Saint Augustine, FL 32080
      View Details
    • Contact for pricing
      2,812 SF

      Retail Space in Saint Augustine

      Retail space available in a high-traffic Saint Augustine location.
      1011-1035 A1A Beach Blvd, Saint Augustine, FL 32080
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7579 1st S
    Saint Augustine, FL 32080-8204
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7579 1st S, Saint Augustine, FL, 32080
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!