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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Strip malls
85 Cypress Pt Pkwy, Palm Coast, FL 32164-8455
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US19-0468843
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2011
Construction
STEEL FRAME
Total area
12,060 SF
Lot
1.32 ac (57,499 SF)
Zoning code
COM-2
APN
07-11-31-7025-000G0-0210
UPID
US19-0468843
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
-
Tedra N. Beckton, DMD Dental Office
-
Smiles on Cypress Point Dental Office
-
Sarah B. Gibbs, DDS Dental Office
-
Nicholas Kizirian Dental Office
-
WOWZA WALL ART Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$762k
Blend (final)
Blend
$600k
Owner & transaction history
International Carpet Of Florida L · 19 yrs held
International Carpet Of Florida L
since 2007
7 recorded transactions
Zoning & alternative use
COM-2 · Palm Coast, FL
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 Palm Coast submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Coast 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
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$680,000
Current use
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$50 / 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
$27,695
Tax year 2023
Assessed value
$1,581,117
Assessed 2023
Previous assessed
$1,459,276
+8.3% YoY
Effective rate
1.75%
On assessed value
Assessed land
$673,261
Assessed improvement
$907,856
Land market value
$673,261
Improvement market value
$907,856
Total market value
$1,581,117
Applied tax rate
61.0000
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
2011
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
12,060 SF
Lot
1.32 ac (57,499 SF)
Zoning code
COM-2
APN
07-11-31-7025-000G0-0210
UPID
US19-0468843
Jurisdiction
FLAGLER
Zoning & alternative use
COM-2 · Palm Coast, FL
Zoning COM-2 · permitted uses
COM-2 · Palm Coast, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Coast. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$680,000
NEIGHBORHOOD: SHOPPING CENTER Current
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
2011
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
1.32 ac
Current owner
From public records · entity-resolved
International Carpet Of Florida L
Individual
Mailing address
101 OCEAN WAY N, PALM COAST, FL 32137-3409
Ownership since
2007
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
Apr 29, 2022
—
Carpet Of Florida LLC
—
Deed
related
$1,200,000 · South State Bank NA
Oct 23, 2018
—
International Carpet Of Florid
—
Deed
related
$852,312 · Wells Fargo Bk
Feb 23, 2007
$1,100,000
International Carpet Of Florida L
Hui Lin Ents INC
Warranty Deed
$770,000 · Jacksonville Bank
Nov 21, 2000
$340,000
Hui Lin Enterprises INC
Gutierrez,jose
Grant Deed
$290,000 · Cypress Bank
—
—
International Carpet Of Florida L
—
Deed Of Trust
related
$100,000 · Hui Lin Ents INC
—
—
International Carpet Of Florida L
—
Loan Modification
related
$574,545 · Wells Fargo Bank
—
—
International Carpet Of Florid
—
Loan Modification
related
$852,312 · Wells Fargo Bk
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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