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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9600 Ocean Shr Blvd Saint Augustine, FL 32080-8613

    • Retail space
    • 3,725 SF
    • 5.10 lot acres
    OFF-MARKET
    Value Estimations
    $935,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5464611
    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.

    Current Use by Public Records

    • Marine Park of Flagler Corporation / Tourist Attraction
    • Marineland Office & Gift Shop / Gift Shop
    • Marineland Dolphin Adventure / Tourist Attraction / Animal Park

    Property Details for 9600 Ocean Shr Blvd

    Year built
    1985
    Construction
    CONCRETE BLOCKS
    Lot size
    5.10 lot acres
    Property size
    3,725 SF
    Zone code
    TC
    Property type
    Retail space
    APN
    06-10-31-0000-01010-0130
    APU
    610310000010100130

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $890,000
      6.5%
      $825,000
      7%
      $765,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,244,000
      Market price range: $596k - $1.24M
      AI Estimate
      $1,233,000
      Market price range: $592k - $1.23M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $920,000
      Current use
      COMMERCIAL (GENERAL)
      $1,360,000
      Change: +48% Conversion: Easy
      AUTO REPAIR, GARAGE
      $975,000
      Change: +6% Conversion: Difficult
      MEDICAL BUILDING
      $950,000
      Change: +4% Conversion: Difficult
      OFFICE BUILDING
      $805,000
      Change: -12% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Augustine
    County
    Flagler
    State
    Florida
    Longitude
    -81.213
    Latitude
    29.6693
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, 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
    $106,212
    $2,940,412
    $1,435,794
    $4,376,206
    -
    $2,940,412
    $1,435,794
    $4,376,206

    Comparable in this City

    • Value Estimation
      $525,000
      2,402 SF

      6880 1st S

      RETAIL STORES (PERSONAL SERVICES) • 2,402 SF
      6880 1st S, Saint Augustine, FL 32080-8101
      View Details
    • Value Estimation
      $4,005,000
      12,670 SF

      495 Old Bch Rd

      RETAIL STORES (PERSONAL SERVICES) • 12,670 SF
      495 Old Bch Rd, Saint Augustine, FL 32080-6023
      View Details
    • Value Estimation
      $945,000
      4,879 SF

      101 Rio Del Mar St

      RETAIL STORES (PERSONAL SERVICES) • 4,879 SF
      101 Rio Del Mar St, Saint Augustine, FL 32080-6406
      View Details
    • Value Estimation
      $1,065,000
      3,194 SF

      304 Anastasia Blvd

      RETAIL STORES (PERSONAL SERVICES) • 3,194 SF
      304 Anastasia Blvd, Saint Augustine, FL 32080-4507
      View Details
    • Value Estimation by Request
      1,277 SF

      600 Anastasia Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,277 SF
      600 Anastasia Blvd, Saint Augustine, FL 32080-4614
      View Details
    • Value Estimation
      $1,240,000
      7,758 SF

      1020 Anastasia Blvd

      RETAIL STORES (PERSONAL SERVICES) • 7,758 SF
      1020 Anastasia Blvd, Saint Augustine, FL 32080-4600
      View Details

    Similar Nearby for Sale

    • $4,650,000
      1.75 Acres

      AYR Wellness NNN Investment

      Florida Retail Property, 5.22% Cap Rate
      2198 A1A, St. Augustine Beach, FL 32080
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    • $2,200,000
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      Prime St. Augustine Beach Office/Retail

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      St. Augustine Beach Restaurant Opportunity

      Turn-key restaurant with banquet room in high-traffic beach location.
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      St. Augustine Coastal Land Opportunity

      .4-Acre Waterfront Lot, Build Your Dream Home
      311 Micklers Rd, St. Augustine, FL 32080
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      Anastasia Island Duplex Near Beach

      Renovated duplex near the beach, ideal for vacation rentals.
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    • $219,900
      0.09 Acres

      Buildable Lot Near Crescent Beach

      Prime lot on A1A South with water and sewer taps.
      6805 South St South, St Augustine, FL 32080
      View Details

    Similar Nearby for Lease

    • 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
    • $25 SF/Yr
      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
    • $5,700 /Mo
      864 SF

      St. Augustine Retail Opportunity

      Retail space with upstairs apartment near Flagler College.
      308 S Ponce De Leon Blvd, St 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
    • Contact for pricing
      102,342 SF

      St. Augustine Retail Plaza Investment

      Prime St. Augustine retail space available.
      1033 A1A Beach Blvd, St. Augustine, FL 32080
      View Details
    • $1,100 /Mo
      22,651 SF

      St Augustine Office Space Available

      Second floor office space available for lease in St Augustine.
      403 Anastasia Blvd, St Augustine, FL 32080
      View Details
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    9600 Ocean Shr Blvd
    Saint Augustine, FL 32080-8613
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    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
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