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Property profile & analytics
OFF-MARKET
Estimated value
$7,915,000
Motels
1351 Airport Rd Jacksonville, FL 32218-2403
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4094181
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
23,074 SF
Lot
6.42 ac (279,640 SF)
Zoning code
CCG-1
APN
019352-0010
UPID
US18-4094181
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
Current use
Occupant on record · Public records
-
Easirent Car Rental Jacksonville International Airport (JAX) Car Rental Facility
-
World Harvest Centered Ministries Association / Organization
-
Tacos el primo Restaurant
-
Windsor inn of Jacksonville Hotel & Motel
-
Alexander Prep Academy High School Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.60M
Blend (final)
Blend
$7.92M
Owner & transaction history
Habitus Spv Jax Air Bb2 LLC · 1 yrs held
Habitus Spv Jax Air Bb2 LLC
since 2024
Last sale
$7.9M
5 recorded transactions
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.3M
+212.1%
Office building
$8.1M
+105.6%
Commercial (general)
$5.8M
+48.2%
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 Jacksonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville 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
$7,915,000
ML approach
$7,915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$12,255,000
Change: +212% · Conversion: Difficult
OFFICE BUILDING
$8,075,000
Change: +106% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,820,000
Change: +48% · Conversion: Difficult
MEDICAL BUILDING
$5,270,000
Change: +34% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,920,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$7.92M
Range $7.12M – $8.71M · ±10% · vs last sale $7.92M (Oct 7 2024)
Last sale anchor
$7.92M
Oct 7 2024
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
$343 / 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
$97,335
Tax year 2023
Assessed value
$5,256,300
Assessed 2023
Previous assessed
$5,256,300
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$2,516,904
Assessed improvement
$2,739,396
Land market value
$2,516,904
Improvement market value
$2,739,396
Total market value
$5,256,300
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
2
Units
14
Rooms
117
Bathrooms
450
Total area
23,074 SF
Lot
6.42 ac (279,640 SF)
Zoning code
CCG-1
APN
019352-0010
UPID
US18-4094181
Jurisdiction
DUVAL
Zoning & alternative use
CCG-1 · Jacksonville, FL
Zoning CCG-1 · permitted uses
CCG-1 · Jacksonville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jacksonville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$12.3M
OFFICE BUILDING
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$5.8M
MEDICAL BUILDING
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$4.9M
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
3
Units
14
Rooms
117
Bathrooms
450
Lot
6.42 ac
Current owner
From public records · entity-resolved
Habitus Spv Jax Air Bb2 LLC
Entity
Mailing address
1111 NW BRICKELL AVE, MIAMI, FL 33131-3112
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2024
$7,915,000
Habitus Spv Jax Air Bb2 LLC
Cik Investments LLC
Special Warranty Deed
$6,000,000 · Bluebird Credit Em LLC
Oct 4, 2024
$394,400
Cik Investments LLC
Cik Investments LLC
Warranty Deed
related
—
Mar 22, 2024
—
Cik Investments LLC
—
Deed
related
$5,650,000 · Benfam Holdings Pr LLC
Jun 8, 2022
$7,000,000
Cik Investments LLC
Airport Road LLC
Warranty Deed
$4,550,000 · Benfam Holdings Pr LLC
Jan 12, 2022
$5,250,000
1351 Airport Road LLC
Michkeldel INC
Special Warranty Deed
$3,575,000 · Deco Capital LLC
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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