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Property profile & analytics
OFF-MARKET
Estimated value
$89,485,000
Office buildings
Ponte Vedra Beach, FL 32082
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-7317692
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2020
Construction
CONCRETE
Total area
258,849 SF
Lot
131.13 ac (5,712,023 SF)
APN
062130 0030
UPID
US18-7317692
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
$89.49M
CAP Approach
CAP
$59.49M
Comparable Approach
Comparable
$95.15M
Blend (final)
Blend
$89.49M
Owner & transaction history
Pga Tour Enterprises LLC · 1 yrs held
Pga Tour Enterprises LLC
since 2024
Last sale
$89.5M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$125.1M
+46.8%
Commercial (general)
$90.5M
+6.2%
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 Ponte Vedra Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ponte Vedra Beach 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
$89,485,000
ML approach
$89,485,000
CAP Approach
CAP Return
Estimation
6%
$64,445,000
6.5%
$59,485,000
7%
$55,235,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$85,225,000
Current use
RESTAURANT
$125,085,000
Change: +47% · Conversion: Moderate
COMMERCIAL (GENERAL)
$90,540,000
Change: +6% · Conversion: Easy
MEDICAL BUILDING
$76,885,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$89.49M
Range $80.54M – $98.43M · ±10% · vs last sale $89.48M (Dec 20 2024)
Last sale anchor
$89.48M
Dec 20 2024
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
$346 / 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
$989,383
Tax year 2023
Assessed value
$77,944,099
Assessed 2023
Previous assessed
$76,061,755
+2.5% YoY
Effective rate
1.27%
On assessed value
Land market value
$8,371,442
Improvement market value
$69,572,657
Total market value
$77,944,099
Applied tax rate
300.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2020
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
258,849 SF
Lot
131.13 ac (5,712,023 SF)
APN
062130 0030
UPID
US18-7317692
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$85.2M
RESTAURANT
Est. value
$125.1M
COMMERCIAL (GENERAL)
Est. value
$90.5M
MEDICAL BUILDING
Est. value
$76.9M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
2020
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
131.13 ac
Current owner
From public records · entity-resolved
Pga Tour Enterprises LLC
Entity
Free & Clear · 1 yrs held
Mailing address
110 TPC BLVD, PONTE VEDRA BEACH, FL 32082-3167
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2024
$89,484,700
Pga Tour Enterprises LLC
Pga Tour INC
Special Warranty Deed
—
May 6, 2022
—
Pga Tour INC
Pga Tour INC
Intrafamily Transfer
related
—
Dec 3, 2020
$615,000
Pv Tower One LLC
Pga Tour INC
Grant Deed
$984,000 · Centerstate Bk NA
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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