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Property profile & analytics
OFF-MARKET
Estimated value
$19,985,000
Grocery and convenience stores
Saint Augustine, FL 32092
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4092392
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
60,068 SF
Lot
12.18 ac (530,561 SF)
Zoning code
PUD
APN
028670 0015
UPID
US18-4092392
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
$20.08M
Blend (final)
Blend
$19.99M
Owner & transaction history
Mcdonalds USA LLC · 14 yrs held
Mcdonalds USA LLC
since 2011
2 recorded transactions
Zoning & alternative use
PUD · Saint Augustine, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$27.6M
+86.5%
Commercial (general)
$22.0M
+48.2%
Auto repair, garage
$15.7M
+6.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$14,810,000
Current use
RESTAURANT
$27,615,000
Change: +86% · Conversion: Easy
COMMERCIAL (GENERAL)
$21,955,000
Change: +48% · Conversion: Easy
AUTO REPAIR, GARAGE
$15,700,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$15,340,000
Change: +4% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$15,270,000
Change: +3% · Conversion: Moderate
OFFICE BUILDING
$13,010,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$19.99M
Range $17.99M – $21.98M · ±10%
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
$333 / 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
$164,913
Tax year 2023
Assessed value
$15,804,089
Assessed 2023
Previous assessed
$9,911,898
+59.4% YoY
Effective rate
1.04%
On assessed value
Land market value
$3,713,926
Improvement market value
$12,090,163
Total market value
$15,804,089
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
60,068 SF
Lot
12.18 ac (530,561 SF)
Zoning code
PUD
APN
028670 0015
UPID
US18-4092392
Jurisdiction
ST JOHNS
Zoning & alternative use
PUD · Saint Augustine, FLZoning PUD · permitted uses
PUD · Saint Augustine, FL
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
RETAIL STORES Current
Est. value
$14.8M
RESTAURANT
Est. value
$27.6M
COMMERCIAL (GENERAL)
Est. value
$22.0M
AUTO REPAIR, GARAGE
Est. value
$15.7M
MEDICAL BUILDING
Est. value
$15.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.3M
OFFICE BUILDING
Est. value
$13.0M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE 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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Lot
12.18 ac
Current owner
From public records · entity-resolved
Mcdonalds USA LLC
Entity
Free & Clear · 14 yrs held
Mailing address
6675 CORPORATE CTR PKWY STE #100, JACKSONVILLE, FL 32216-8080
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2011
$875,000
Mcdonalds USA LLC
S/palm Lakes Pub Ltd
Grant Deed
—
—
—
S & Palm Lakes Pub Ltd
—
Loan Modification
related
$10,058,024 · Miscellaneous Ins Co
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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