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Property profile & analytics
OFF-MARKET
Estimated value
$2,630,000
Strip malls
1020 3rd St N1010-1094 Jacksonville Beach, FL 32250-7239
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US18-4928942
Property summary
AI-generated overview
Seawalk Village offers exceptional retail space in Jacksonville Beach, Florida. This vibrant shopping center boasts three single-story buildings totaling 49,214 square feet, encompassing 26 suites. Currently, two restaurant spaces are available, ranging from 1,526 to 3,327 square feet. The property is situated at 1020 3rd St S, Jacksonville Beach, FL 32250, conveniently located at a signalized intersection on 3rd St S and 3rd St N, ensuring easy access for customers. The center enjoys superior traffic counts and is surrounded by complementary businesses, just blocks from the heart of Jacksonville Beach. The property is zoned JC-1 within Duval County and presents a compelling opportunity for restaurant operators seeking high visibility and strong foot traffic. The attractive exterior offers excellent curb appeal, enhancing the overall shopping experience. This is a prime location to establish or expand a thriving restaurant business in a desirable coastal community. The multiple tenancy structure provides a diverse and dynamic environment for businesses. The available spaces offer flexibility for various restaurant concepts.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
18,450 SF
Lot
1.78 ac (77,675 SF)
Zoning code
JC-1
APN
174536-0000
UPID
US18-4928942
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.63M
Owner & transaction history
Gates Of Times Square LLC · 19 yrs held
Gates Of Times Square LLC
since 2007
1 recorded transaction
Zoning & alternative use
JC-1 · Jacksonville Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.2M
+42.3%
Auto repair, garage
$3.9M
+32.8%
Retail stores
$3.3M
+12.8%
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 Jacksonville Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville Beach 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,960,000
Current use
MEDICAL BUILDING
$4,215,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,935,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$3,340,000
Change: +13% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,045,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$2.63M
Range $2.37M – $2.89M · ±10%
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
$143 / 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
$7,697,100
Assessed 2023
Previous assessed
$6,497,000
+18.5% YoY
Assessed land
$2,751,000
Assessed improvement
$4,946,100
Land market value
$2,751,000
Improvement market value
$4,946,100
Total market value
$7,697,100
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
9
Rooms
19
Bathrooms
104
Total area
18,450 SF
Lot
1.78 ac (77,675 SF)
Zoning code
JC-1
APN
174536-0000
UPID
US18-4928942
Jurisdiction
DUVAL
Zoning & alternative use
JC-1 · Jacksonville Beach, FL
Zoning JC-1 · permitted uses
JC-1 · Jacksonville Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jacksonville Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$3.9M
RETAIL STORES
Est. value
$3.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
9
Rooms
19
Bathrooms
104
Lot
1.78 ac
Current owner
From public records · entity-resolved
Gates Of Times Square LLC
Entity
Mailing address
PO BOX 56678, JACKSONVILLE, FL 32241-6678
Ownership since
2007
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
Jun 25, 2007
—
Gates Of Times Square LLC
Times Sq Shopping Ctr Of Jackson
Quit Claim Deed
related
$56,800,000 · Nationwide Life Insurance Co
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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