Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1720 Davis St Jacksonville, FL 32209
    Back to Search
    Property profile & analytics

    1720 Davis St Jacksonville, FL 32209

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1720 Davis St

    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 4,522-square-foot industrial property in Manassas offers a single-tenant, fenced storage yard ideal for various uses. The lot boasts convenient access from Liberia Avenue and Quarry Road, providing excellent visibility and accessibility. The 38 x 119-foot space features a covered area, ensuring protection for stored goods. The property includes lighting and a 120-volt electrical plug for added convenience. The I-2 zoning allows for a range of industrial applications. With its ample space and strategic location, this property presents a unique opportunity for businesses seeking secure and functional storage solutions. The entire 4,522 square feet is currently vacant, providing immediate occupancy. The lot's dimensions and features make it suitable for a variety of storage needs, from equipment and materials to inventory and vehicles. The covered area offers protection from the elements, while the electrical outlet provides power for various applications. The property's location on Liberia Avenue ensures high visibility and easy access for clients and deliveries. This is a rare opportunity to acquire a well-maintained, ready-to-use industrial storage yard in a desirable Manassas location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6671
    Latitude
    30.3459

    Comparable in this City

    • Value Estimation by Request

      New Kings Rd

      Land
      0 New Kings Rd, Jacksonville, FL 32209
      View Details
    • Value Estimation by Request

      New Kings Rd

      Distribution properties
      0 New Kings Rd, Jacksonville, FL 32209
      View Details
    • Value Estimation by Request

      5574 Avenue B

      Land
      5574 Avenue B, Jacksonville, FL 32209
      View Details
    • Value Estimation by Request
      0.34 Acres

      New Kings Rd

      Land • 0.34 Acres
      0 New Kings Rd, Jacksonville, FL 32209
      View Details
    • Value Estimation by Request

      Jacksonville, FL 32209

      Land
      Jacksonville, FL 32209
      View Details
    • Value Estimation by Request

      2845 Edgewood Ave

      Office properties & Spaces
      2845 Edgewood Ave, Jacksonville, FL 32209
      View Details

    Similar Nearby for Sale

    • New
      $119,000
      1.93 Acres

      Waterfront Land in Jacksonville

      Two parcels of land, one waterfront, totaling 1.93 acres.
      Hema Rd, Jacksonville, FL 32209
      View Details
    • Contact for pricing

      Jacksonville Land For Sale

      Land available in Jacksonville, Florida.
      6TH 6Th St W, Jacksonville, FL 32209
      View Details
    • Contact for pricing
      150,778 SF

      Jacksonville Warehouse with Interstate Sign

      150,778 SF warehouse with loading access and secure fencing.
      4700 Walgreen Rd, Jacksonville, FL 32209
      View Details
    • $100,000
      1,116 SF

      Jacksonville Commercial Property For Sale

      Mixed-use commercial property with long-term tenant in place.
      2507 Martha St, Jacksonville, FL 32209
      View Details
    • Contact for pricing
      14,011 SF

      Industrial Property with Mechanic Shop

      14,011 SF industrial building with mechanic shop for sale.
      820 Barnett St, Jacksonville, FL 32209
      View Details
    • $2,350,000
      12,000 SF

      Former Religious Facility on Large Parcel

      Former religious facility on 3.25 acres in North Jacksonville.
      2335 N Davis St, Jacksonville, FL 32209
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Fenced Yard with Modular Office

      Stabilized, fenced, and lighted yard with easy highway access.
      2089 W 26Th St, Jacksonville, FL 32209
      View Details
    • Contact for pricing
      23,248 SF

      Industrial Facility with Cross-Dock Configuration

      23,248 SF facility with 45 dock-high doors.
      3404 Clifford Ln, Jacksonville, FL 32209
      View Details
    • Contact for pricing

      Westside Jacksonville Truck Terminal

      Truck terminal available for lease in Westside Jacksonville, Florida.
      900 N Canal St, Jacksonville, FL 32209
      View Details
    • Contact for pricing

      Jacksonville Warehouse Space Available

      28,017 SF warehouse in Jacksonville's Northwest submarket for lease.
      5438 Vernon Rd, Jacksonville, FL 32209
      View Details
    • Contact for pricing
      154,800 SF

      Jacksonville Logistics Center Warehouse Space

      Institutional quality warehouse space in Jacksonville's Westside submarket.
      2255 Edgewood Ave N, Jacksonville, FL 32209
      View Details
    • Contact for pricing

      Jacksonville Retail Anchor Box Sublease

      21,951 SF retail anchor box available for sublease.
      2261 Edgewood Ave W, Jacksonville, FL 32209
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1720 Davis St
    Jacksonville, FL 32209
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1720 Davis St, Jacksonville, FL, 32209
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!