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Property profile & analytics
OFF-MARKET
Estimated value
$3,615,000
Grocery and convenience stores
Saint Johns, FL 32259
Entity Owned
5-yr Hold
Free & Clear
Property ID
US19-0107000
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,167 SF
Lot
2.26 ac (98,446 SF)
APN
009610 0034
UPID
US19-0107000
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
$3.68M
Comparable Approach
Comparable
$3.09M
Blend (final)
Blend
$3.62M
Owner & transaction history
Chippewa Valley Partners LLC · 5 yrs held
Chippewa Valley Partners LLC
since 2021
Last sale
$3.6M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.3M
+39.4%
Medical building
$4.8M
+26.2%
Auto repair, garage
$4.5M
+17.8%
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
$4,095,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,985,000
6.5%
$3,680,000
7%
$3,420,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,830,000
Current use
COMMERCIAL (GENERAL)
$5,340,000
Change: +39% · Conversion: Easy
MEDICAL BUILDING
$4,835,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,515,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$4,110,000
Change: +7% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,495,000
Change: -9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,400,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$3.62M
Range $3.25M – $3.98M · ±10% · vs last sale $3.61M (Jul 14 2021)
Last sale anchor
$3.61M
Jul 14 2021
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
$171 / 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
$46,745
Tax year 2023
Assessed value
$3,815,225
Assessed 2023
Previous assessed
$3,258,301
+17.1% YoY
Effective rate
1.23%
On assessed value
Land market value
$1,673,575
Improvement market value
$2,141,650
Total market value
$3,815,225
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
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
21,167 SF
Lot
2.26 ac (98,446 SF)
APN
009610 0034
UPID
US19-0107000
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
$3.8M
COMMERCIAL (GENERAL)
Est. value
$5.3M
MEDICAL BUILDING
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$4.5M
OFFICE BUILDING
Est. value
$4.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.26 ac
Current owner
From public records · entity-resolved
Chippewa Valley Partners LLC
Entity
Free & Clear · 5 yrs held
Mailing address
83 SS ST, MORRISTOWN, NJ 07960-4105
Ownership since
2021
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 14, 2021
$3,605,556
Chippewa Valley Partners LLC
2020 Sjp Jax LLC
Special Warranty Deed
—
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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