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Property profile & analytics
OFF-MARKET
Estimated value
$10,470,000
Warehouses
Saint Augustine, FL 32084
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5177547
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
36,075 SF
Lot
10 ac (435,600 SF)
APN
086520 0060
UPID
US18-5177547
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
$10.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.47M
Owner & transaction history
Rulon International INC · 2 yrs held
Rulon International INC
since 2024
Last sale
$10.5M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$17.2M
+283.7%
Office building
$11.7M
+161.5%
Auto repair, garage
$9.4M
+110.4%
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
$10,470,000
ML approach
$10,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$17,200,000
Change: +284% · Conversion: Difficult
OFFICE BUILDING
$11,720,000
Change: +161% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,430,000
Change: +110% · Conversion: Easy
MEDICAL BUILDING
$9,215,000
Change: +106% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,170,000
Change: +105% · Conversion: Moderate
RETAIL STORES
$8,660,000
Change: +93% · Conversion: Moderate
Blend value · Realmo final
$10.47M
Range $9.42M – $11.52M · ±10% · vs last sale $10.47M (Jul 3 2024)
Last sale anchor
$10.47M
Jul 3 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
$290 / 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
$44,677
Tax year 2023
Assessed value
$3,598,778
Assessed 2023
Previous assessed
$3,598,778
+0.0% YoY
Effective rate
1.24%
On assessed value
Land market value
$559,671
Improvement market value
$3,039,107
Total market value
$3,598,778
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
36,075 SF
Lot
10 ac (435,600 SF)
APN
086520 0060
UPID
US18-5177547
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
RESTAURANT
Est. value
$17.2M
OFFICE BUILDING
Est. value
$11.7M
AUTO REPAIR, GARAGE
Est. value
$9.4M
MEDICAL BUILDING
Est. value
$9.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.2M
RETAIL STORES
Est. value
$8.7M
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Lot
10 ac
Current owner
From public records · entity-resolved
Rulon International INC
Entity
Mailing address
2000 RING WAY, SAINT AUGUSTINE, FL 32092-4745
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2024
$10,467,500
Rulon International INC
Burkhardt Distribution Company INC
Special Warranty Deed
$4,467,500 · Synovus Bank
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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