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Property profile & analytics
OFF-MARKET
Commercial land
Royal Pnes Dr, Middleburg, FL 32068
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-7348161
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
17.25 ac (751,426 SF)
Zoning code
REPU
APN
18-04-25-007953-000-00
UPID
US18-7348161
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
by Request
Owner & transaction history
Cbh Properties Oakleaf Plantation L
Cbh Properties Oakleaf Plantation L
since 2025
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
REPU · Middleburg, 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 Middleburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middleburg 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$39,935
Tax year 2023
Assessed value
$2,629,991
Assessed 2023
Previous assessed
$2,629,991
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$2,629,991
Land market value
$2,629,991
Total market value
$2,629,991
Applied tax rate
1.0000
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
Heating
NONE
Lot
17.25 ac (751,426 SF)
Zoning code
REPU
APN
18-04-25-007953-000-00
UPID
US18-7348161
Jurisdiction
CLAY
Zoning & alternative use
REPU · Middleburg, FL
Zoning REPU · permitted uses
REPU · Middleburg, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middleburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
17.25 ac
Current owner
From public records · entity-resolved
Cbh Properties Oakleaf Plantation L
Entity
Free & Clear · 0 yrs held
Mailing address
500 VOLVO PKWY, CHESAPEAKE, VA 23320-1604
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2025
$900,000
Cbh Properties Oakleaf Plantation L
Armstrong Development INC
Warranty Deed
—
Oct 21, 2024
$300,000
Armstrong Development INC
Armstrong Venture LLC
Special Warranty Deed
$270,000 · Armstrong Venture LLC
Sep 3, 2024
—
Dollar Tree Stores INC
Armstrong Development INC
Special Warranty Deed
—
Sep 3, 2024
$1,000,000
Dollar Tree Stores INC
Armstrong Development INC
Special Warranty Deed
—
Feb 20, 2024
$599,000
Waffle House INC
Armstrong Development INC
Special Warranty Deed
—
Dec 6, 2023
$130,000
Armstrong Development INC
Armstrong Venture LLC
Special Warranty Deed
$117,000 · Armstrong Ventures LLC
Jun 14, 2023
$137,500
Armstrong Development INC
Armstrong Venture LLC
Special Warranty Deed
$123,750 · Grantorarmstrong Ventures LLC
Jun 6, 2023
$148,400
Armstrong Development INC
Armstrong Venture LLC
Special Warranty Deed
$134,515 · Armstrong Ventures LLC
Jun 6, 2023
$109,300
Armstrong Development INC
Armstrong Venture LLC
Special Warranty Deed
$98,955 · Armstrong Ventures LLC
Jun 6, 2023
$171,400
Armstrong Development INC
Armstrong Venture LLC
Special Warranty Deed
$154,215 · Armstrong Ventures LLC
May 11, 2022
$9,744,000
Hfh 21st & Harvard Group LLC
Plaza Street Fund 133 LLC
Special Warranty Deed
$4,870,000 · Ameris Bank
May 11, 2022
—
Plaza Street Fund 133 LLC
Armstrong Development INC
Correction Deed
related
—
Apr 19, 2022
$350,000
Armstrong Development INC
Armstrong Venture LLC
Special Warranty Deed
—
Apr 19, 2022
$1,000,000
Armstrong Development INC
Armstrong Venture LLC
Special Warranty Deed
$900,000 · Armstrong Venture LLC
May 24, 2021
$1,850,000
Plaza Street Fund 133 LLC
Armstrong Development INC
Special Warranty Deed
—
Aug 14, 2017
$5,100,000
Greyhawk Venture LLC
Armstrong Venture LLC
Grant Deed
—
Aug 2, 2017
—
Armstrong Cmnty Dev District
Armstrong Venture LLC
Quit Claim Deed
related
—
Jan 30, 2017
—
Armstrong Community Dev Dis
Armstrong Venture LLC
Quit Claim Deed
—
Aug 27, 2003
$7,000,000
Armstrong Venture LLC
Armstrong,betty G
Grant Deed
related
$5,250,000 · Wachovia Bank 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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