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Property profile & analytics
OFF-MARKET
Estimated value
$8,500,000
Commercial land
950 Shields Ct Saint Augustine, FL 32084
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-6384532
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1977
Lot
6.28 ac (273,557 SF)
APN
102140 0000
UPID
US18-6384532
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
$8.50M
Owner & transaction history
Hwy 16a Apartments LLC · 1 yrs held
Hwy 16a Apartments LLC
since 2025
Last sale
$8.5M
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 Saint Augustine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Augustine 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
$8,960,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.50M
Range $7.65M – $9.35M · ±10% · vs last sale $8.50M (Jan 16 2025)
Last sale anchor
$8.50M
Jan 16 2025
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
—
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
$7,948
Tax year 2023
Assessed value
$1,074,007
Assessed 2023
Previous assessed
$264,601
+305.9% YoY
Effective rate
0.74%
On assessed value
Land market value
$1,074,007
Total market value
$1,074,007
Applied tax rate
450.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1977
Heating
NONE
Lot
6.28 ac (273,557 SF)
APN
102140 0000
UPID
US18-6384532
Jurisdiction
ST JOHNS
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
1977
Heating
NONE
Lot
6.28 ac
Current owner
From public records · entity-resolved
Hwy 16a Apartments LLC
Entity
Free & Clear · 1 yrs held
Mailing address
151 SAWGRASS CORS DR, PONTE VEDRA BEACH, FL 32082-3553
Ownership since
2025
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
Jan 16, 2025
$8,500,000
Hwy 16a Apartments LLC
Sjp Jax LLC
Special Warranty Deed
—
Jul 20, 2023
—
2020 Sjp Jax LLC
2005 SR 16 312 Associates LLC
Quit Claim Deed
related
—
Jul 20, 2023
$850,000
2020 Sjp Jax LLC
2005 Sr16 312 Associates LLC
Warranty Deed
—
Dec 10, 2010
—
Catholic Church San Sebastian
2005 Sr16-312 Associates LLC
Warranty Deed
—
Sep 15, 2009
—
State Of Fl Dept/transportation
2005 Sr16-312 Associates LLC
Warranty Deed
—
Nov 16, 2005
$1,210,000
2005 Sr16-312 Associates LLC
Irvine E Morrison
Warranty Deed
$1,200,000 · Suntrust Bank
Feb 22, 2005
$1,001,000
Misson Trace Dev LLC
Morrison,irvine E
Warranty Deed
$500,000 · Richmond American Homes
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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