Back to Search
Property profile & analytics
FOR LEASE
Office buildings
10401 Deerwood Park Blvd Jacksonville, FL 32256
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-7901339
For Lease
$37,205,000
10401 Deerwood Park Blvd, Jacksonville, FL 32256
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1990
Construction
CONCRETE
Total area
328,340 SF
Lot
42.67 ac (1,858,748 SF)
Zoning code
PUD
APN
147982-0610
UPID
US18-7901339
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
-
Select Portfolio Servicing Inc Loan Service Bank
-
Somerset Properties Property Management Company
-
TOTE Maritime Puerto Rico Shipping Company Freight Service
-
Bellalago And Isles Of Bellalago Community Association, Inc. Charitable Organization Social Service Agency
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$43.22M
Blend (final)
Blend
$37.21M
Owner & transaction history
Spi Tcm Capital Plaza LLC · 7 yrs held
Spi Tcm Capital Plaza LLC
since 2019
4 recorded transactions
Zoning & alternative use
PUD · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
or other districts shall apply to those portions of a Planned Unit Development (PUD) which are devoted to uses permitted in these respective districts, unless specifically provided otherwise in the written description of the intended plan of development. (Ord. 91-59-148, § 1; Ord. 91-761-410, § 1; Ord. 2008-969-E, § 1; Ord. 2014-279-E,
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
138,142.68 ac
Source
Zoning Ordinance
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
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
RETAIL STORES
$59,440,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$37.21M
Range $33.48M – $40.93M · ±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
$113 / 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
$49,938,100
Assessed 2023
Previous assessed
$55,380,400
-9.8% YoY
Assessed land
$8,372,016
Assessed improvement
$41,566,084
Land market value
$8,372,016
Improvement market value
$41,566,084
Total market value
$49,938,100
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1990
Construction
CONCRETE
Heating
FORCED AIR
Cooling
AC.CHILLED WATER
Buildings
3
Stories
4
Rooms
136
Bathrooms
420
Total area
328,340 SF
Lot
42.67 ac (1,858,748 SF)
Zoning code
PUD
APN
147982-0610
UPID
US18-7901339
Jurisdiction
DUVAL
Zoning & alternative use
PUD · Jacksonville, FLZoning PUD · permitted uses
PUD · Jacksonville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
or other districts shall apply to those portions of a Planned Unit Development (PUD) which are devoted to uses permitted in these respective districts, unless specifically provided otherwise in the written description of the intended plan of development. (Ord. 91-59-148, § 1; Ord. 91-761-410, § 1; Ord. 2008-969-E, § 1; Ord. 2014-279-E,
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
138,142.68 ac
Source
Zoning Ordinance
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$59.4M
RETAIL STORES
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
1990
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
3
Rooms
136
Bathrooms
420
Lot
42.67 ac
Current owner
From public records · entity-resolved
Spi Tcm Capital Plaza LLC
Entity
Mailing address
768 N BETHLEHEM PIKE STE #203, LOWER GWYNEDD, PA 19002-2659
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2019
$51,469,000
Spi Tcm Capital Plaza LLC
10301 Jacksonville Office LLC
Special Warranty Deed
$36,190,000 · Barclays Capital Real Estate INC
Feb 6, 2017
—
10301 Jacksonville Office LLC
—
Deed
related
$24,000,000 · Td Bk NA
Jun 3, 2016
—
10301 Jacksonville Office LLC
Msci 2006-iq11 Office 10301 LLC
Special Warranty Deed
—
—
—
10301 Jacksonville Office LLC
—
Deed Of Trust
related
$24,000,000 · Td Bk NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
