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Property profile & analytics
OFF-MARKET
Estimated value
$1,675,000
Turn key restaurants
1012 Edgewood S Ave Jacksonville, FL 32205-5343
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2549576
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,714 SF
Lot
0.71 ac (31,091 SF)
Zoning code
CCG-1
APN
061669-0000
UPID
US18-2549576
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
-
Commonwealth Shopping Center Shopping Center & Mall
-
Rowes iga Supermarket Grocery & Convenience Store Food Market
-
Felix N. Nzengung, RPH Pharmacy
-
Cardtronics ATM Atm
-
Divine Laundry Services (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$1.68M
Owner & transaction history
Community First Credit Union Of Flo · 1 yrs held
Community First Credit Union Of Flo
since 2024
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,675,000
ML approach
$1,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.68M
Range $1.51M – $1.84M · ±10% · vs last sale $1.68M (Oct 16 2024)
Last sale anchor
$1.68M
Oct 16 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
$293 / 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
Assessed value
$743,100
Assessed 2023
Previous assessed
$715,200
+3.9% YoY
Assessed land
$154,635
Assessed improvement
$588,465
Land market value
$154,635
Improvement market value
$588,465
Total market value
$743,100
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
4
Rooms
5
Bathrooms
10
Total area
5,714 SF
Lot
0.71 ac (31,091 SF)
Zoning code
CCG-1
APN
061669-0000
UPID
US18-2549576
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.
Building & site characteristics
From public records
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
4
Rooms
5
Bathrooms
10
Lot
0.71 ac
Current owner
From public records · entity-resolved
Community First Credit Union Of Flo
Individual
Free & Clear · 1 yrs held
Mailing address
3611 SAINT JOHNS AVE, JACKSONVILLE, FL 32205-9025
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2024
$1,675,000
Community First Credit Union Of Flo
Pie High Real Estate Holdings LLC
Special Warranty Deed
—
Sep 28, 2015
—
Neb Property Acquisition LLC
Thomas & Carol Coc
Trustees Deed
related
—
Sep 16, 2015
—
Neb Property Acquisition LLC
Clerk Of Court Of Duval County|us Culinary & Bever
Trustees Deed
related
—
Apr 17, 2015
$718,000
New Edgewood Bakery LLC
Edgewood Bakery LLC
Warranty Deed
—
Jun 11, 2014
$625,000
Us Culinary Subsidiary I LLC
Edgewood Holdings LLC
Warranty Deed
$625,000 · Stache Investment Corp
Jul 20, 2006
—
Karl H Poppinga
Edgewood Holdings LLC
Quit Claim Deed
related
—
Nov 17, 2005
$575,000
Edgewood Holdings LLC
Goodwin,a C
Warranty Deed
related
$534,000 · A C Goodwin
May 19, 2000
$98,000
A C Goodwin
Nipper,vernon
Grant Deed
—
—
—
A C Goodwin
—
Deed Of Trust
related
$88,000 · First Alliance Bank Fsb
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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