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Property profile & analytics
OFF-MARKET
Estimated value
$16,390,000
Grocery and convenience stores
Saint Augustine, FL 32095
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3307505
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
49,264 SF
Lot
7.28 ac (317,117 SF)
APN
072420 0021
UPID
US18-3307505
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
$16.47M
Blend (final)
Blend
$16.39M
Owner & transaction history
Marshall Creek Retail Investors LLC · 18 yrs held
Marshall Creek Retail Investors LLC
since 2008
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$22.7M
+86.5%
Commercial (general)
$18.0M
+48.2%
Auto repair, garage
$12.9M
+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
$12,150,000
Current use
RESTAURANT
$22,650,000
Change: +86% · Conversion: Easy
COMMERCIAL (GENERAL)
$18,005,000
Change: +48% · Conversion: Easy
AUTO REPAIR, GARAGE
$12,875,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$12,585,000
Change: +4% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$12,525,000
Change: +3% · Conversion: Moderate
OFFICE BUILDING
$10,670,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$16.39M
Range $14.75M – $18.03M · ±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
$212,403
Tax year 2023
Assessed value
$12,033,874
Assessed 2023
Previous assessed
$7,686,046
+56.6% YoY
Effective rate
1.77%
On assessed value
Land market value
$1,585,584
Improvement market value
$10,448,290
Total market value
$12,033,874
Applied tax rate
402.0000
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
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
49,264 SF
Lot
7.28 ac (317,117 SF)
APN
072420 0021
UPID
US18-3307505
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
RETAIL STORES Current
Est. value
$12.2M
RESTAURANT
Est. value
$22.7M
COMMERCIAL (GENERAL)
Est. value
$18.0M
AUTO REPAIR, GARAGE
Est. value
$12.9M
MEDICAL BUILDING
Est. value
$12.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.5M
OFFICE BUILDING
Est. value
$10.7M
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
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
7.28 ac
Current owner
From public records · entity-resolved
Marshall Creek Retail Investors LLC
Entity
Free & Clear · 18 yrs held
Mailing address
3735 BEAM RD UNIT B, CHARLOTTE, NC 28217-8800
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2017
—
St Augustine Equities LLC
—
Grant Deed
related
$10,500,000 · Td Bk NA
Feb 2, 2017
—
St Augustine Equities LLC
—
Deed
related
$600,000 · Td Bk NA
Apr 25, 2008
$2,995,000
Marshall Creek Retail Investors LLC
2005 Palencia Associates LLC
Special Warranty Deed
—
Aug 17, 2005
$300,000
2005 Palencia Associates LLC
Marshall Creek Ltd
Grant Deed
$1,225,000 · Suntrust Bank NA
—
—
Marshall Creek Retail Invtrs L
—
Loan Modification
related
$9,374,000 · Acorn Loan Acquisition Venture
—
—
Creek Retail Invtrs L Marshall
—
Deed Of Trust
related
$9,742,000 · M & I Marshall & Isley Bank
—
—
St Augustine Equities LLC
—
Deed Of Trust
related
$600,000 · Td 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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