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    Versatile Property with Commercial Potential Title is generated by Realmo AI

    11653 HOULE Road, Jacksonville, FL 32218

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    For Sale
    $350,000

    Mixed-use property with residential comfort and commercial potential.

    Type:Commercial/Industrial
    Property size:
    1,320 SF
    Lot size:
    0.47 Acres
    Price / SF:
    $265/SF
    Added:
    Mar 24, 2026
    Days on Market:
    47
    Last Refresh:
    Feb 11 at 4:34 pm

    Property Features for 11653 HOULE Road

    General Information

    Standard status
    Active
    Size
    1,320 SF
    Lot size
    0.47 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1964

    We can help!

    Listing Contact
    DAMON JON MASON

    Listing agent DAMON JON MASON License #3556168

    Listing office CENTURY 21 MILLER ELITE LLC

    Listing date Mar 24, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 MILLER ELITE LLC

    HighLights

    • Zoned CCG‑2: Suitable for a wide range of commercial uses (daycare, car lot, office).
    • Dual Entrances: Excellent access and visibility from both Pulaski and Houle Roads.
    • Spacious Half‑Acre Lot: Ample space for parking, storage, or expansion.
    • No HOA or CDD Fees: Complete flexibility and cost savings.
    • 3 Bedrooms, 2 Bathrooms: Well‑maintained concrete block home.
    • Open Layout: Ideal for living or business use.

    Overview

    Located on Houle Road, this property offers a blend of residential comfort and commercial potential. Situated on a half-acre lot, the property features a well-maintained concrete block home with 3 bedrooms and 2 bathrooms. The open layout is suitable for both living and business use. Recently rezoned as CCG-2, the property accommodates a range of businesses, including daycare centers, car lots, or office spaces. The property has 120 bolt service. Dual entrances from Pulaski and Houle Roads provide access and visibility. Ample space is available for parking or storage. The absence of HOA or CDD fees allows for flexibility. This property is located in a thriving area and is close to major roads, making it an excellent opportunity for entrepreneurs or homeowners looking for versatility. The property size is 1320 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6136842
    Latitude
    30.4453496

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with residential comfort and commercial potential.
    Where is this mixed-use property located?
    The property is located at 11653 HOULE Road Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Zoned CCG‑2: Suitable for a wide range of commercial uses (daycare, car lot, office).; Dual Entrances: Excellent access and visibility from both Pulaski and Houle Roads.; Spacious Half‑Acre Lot: Ample space for parking, storage, or expansion.
    (904) 261-5571
    We can help!
    Listing Contact
    DAMON JON MASON
    Real Estate License ID: 3556168
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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