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Property profile & analytics
OFF-MARKET
Estimated value
$10,065,000
Super regional malls
Saint Johns, FL 32259
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-8279099
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
59,614 SF
Lot
38.96 ac (1,697,098 SF)
APN
023540 0030
UPID
US18-8279099
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
$10.07M
Owner & transaction history
Durbin Park Pavilion LLC · 7 yrs held
Durbin Park Pavilion LLC
since 2019
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$15.0M
+57.1%
Medical building
$13.6M
+42.3%
Auto repair, garage
$12.7M
+32.8%
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 Johns submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Johns 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
NEIGHBORHOOD: SHOPPING CENTER
$9,570,000
Current use
COMMERCIAL (GENERAL)
$15,040,000
Change: +57% · Conversion: Easy
MEDICAL BUILDING
$13,620,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$12,715,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$11,575,000
Change: +21% · Conversion: Moderate
RETAIL STORES
$10,790,000
Change: +13% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$9,840,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$10.07M
Range $9.06M – $11.07M · ±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
$169 / 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
$418,674
Tax year 2023
Assessed value
$34,083,700
Assessed 2023
Previous assessed
$28,302,283
+20.4% YoY
Effective rate
1.23%
On assessed value
Land market value
$8,609,251
Improvement market value
$25,474,449
Total market value
$34,083,700
Applied tax rate
331.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
17
Stories
1
Total area
59,614 SF
Lot
38.96 ac (1,697,098 SF)
APN
023540 0030
UPID
US18-8279099
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$9.6M
COMMERCIAL (GENERAL)
Est. value
$15.0M
MEDICAL BUILDING
Est. value
$13.6M
AUTO REPAIR, GARAGE
Est. value
$12.7M
OFFICE BUILDING
Est. value
$11.6M
RETAIL STORES
Est. value
$10.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.8M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
17
Lot
38.96 ac
Current owner
From public records · entity-resolved
Durbin Park Pavilion LLC
Entity
Mailing address
7775 BAYMEADOWS WAY STE #300, JACKSONVILLE, FL 32256-7532
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2019
—
Durbin Park Pavilion LLC
—
Loan Modification
related
$91,500,000 · City Nat'l Bk/fl
Mar 16, 2018
—
Durbin Park Pavilion LLC
—
Loan Modification
related
$12,000,000 · City Nat'l Bk/fl
—
—
Durbin Park Pavilion LLC
—
Loan Modification
related
$91,500,000 · City Nat'l Bk/fl
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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