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    Property profile & analytics

    Saint Augustine, FL 32084

    • Gas stations
    • 3,672 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-2673256
    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

    • Gas stations

    Property Details

    Year built
    1996
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.49 lot acres
    Property size
    3,672 SF
    Zone code
    CM2
    Property type
    Gas stations
    APN
    154891 0000
    APU
    1548910000

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Saint Augustine
    County
    St. Johns
    State
    Florida
    Longitude
    -81.326
    Latitude
    29.9246
    CBSA code
    27260
    CBSA name
    JACKSONVILLE, 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
    $8,724
    $0.00
    $0.00
    $438,960
    -
    $212,590
    $226,370
    $438,960

    Comparable in this City

    • Value Estimation by Request
      0.60 Acres

      2350 Ponce De Leon Blvd

      Automotive properties • 7,496 SF
      2350 Ponce De Leon Blvd, St. Augustine, FL 32084
      View Details
    • Value Estimation by Request
      2,144 SF

      651 Ponce De Leon Blvd

      SERVICE STATION (FULL SERVICE) • 2,144 SF
      651 Ponce De Leon Blvd, Saint Augustine, FL 32084-4223
      View Details
    • Value Estimation by Request
      0.33 Acres

      780 Ponce De Leon Blvd

      SERVICE STATION (FULL SERVICE) • 0.33 Acres
      780 Ponce De Leon Blvd, Saint Augustine, FL 32084-4226
      View Details
    • Value Estimation
      $2,235,000
      1,730 SF

      2254 State Rd 16

      SERVICE STATION (FULL SERVICE) • 1,730 SF
      2254 State Rd 16, Saint Augustine, FL 32084-5878
      View Details
    • Value Estimation by Request
      0.17 Acres

      20 Spg St

      PARKING LOT • 0.17 Acres
      20 Spg St, Saint Augustine, FL 32084
      View Details
    • Value Estimation by Request
      0.09 Acres

      28 Mc Millan St

      PARKING LOT • 0.09 Acres
      28 Mc Millan St, Saint Augustine, FL 32084-1635
      View Details

    Similar Nearby for Sale

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      0.60 Acres

      St. Augustine Commercial Property

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      RV/Boat Storage Facility Opportunity

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      Automotive Service Center For Sale

      Profitable automotive service center at a busy intersection.
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    • $1,950,000
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      47 Cordova St

      Individual retail properties • 2,156 SF
      47 Cordova St, St. Augustine, FL 32084
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    • $3,447,000
      0.85 Acres

      St. Augustine Starbucks Investment

      High-yield, Net Lease Starbucks.
      1685 Us Highway 1, St. Augustine, FL 32084
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    • $125,000
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      Profitable Retail Businesses on St. George

      Two established retail spaces in historic St. Augustine's pedestrian area.
      106 St. George St, St Augustine, FL 32084
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    Similar Nearby for Lease

    • Contact for pricing

      45 Village Crossing Ct

      Land
      45 Village Crossing Ct, St. Augustine, FL 32084
      View Details
    • $300 /Mo
      9,000 SF

      Historic San Marco Commercial Space

      Uptown St. Augustine gem: lease now!
      239 San Marco Ave, St. Augustine, FL 32084
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    • $1,500 /Mo
      1,000 SF

      Historic Commercial Space in St. Augustine

      Charming 1920s commercial space in St. Augustine's Lincolnville district.
      97 M L King Ave, St Augustine, FL 32084
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    • $10 SF/Yr
      8,320 SF

      St. Augustine Flex Space - 8,320 SF

      Prime St. Augustine flex space, 1.33 acres.
      840 King St, St. Augustine, FL 32084
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    • Contact for pricing
      12,876 SF

      St. Augustine Retail Strip Center

      Prime St. Augustine location, renovated shopping center.
      1590 Us Highway 1, St. Augustine, FL 32084
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    • Contact for pricing
      2,215 SF

      St. Augustine Retail Space For Lease

      Prime St. Augustine retail space, high visibility.
      840 Fl-16, St. Augustine, FL 32084
      View Details
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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.

    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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