Property profile

1045 Velma St Jacksonville, FL 32205

OFF-MARKET
Apartment buildings
Property ID
US18-9251498
3,404 SF 0.24 ac lot Built 1952
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1952
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,404 SF
Lot 0.24 ac (10,488 SF)
Zoning code CRO
APN 060063-0000
UPID US18-9251498

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1045 Velma St Jacksonville, FL 32205-6291
Jacksonville metro Census 12202 JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

since 2024
Last sale
$440,000
7 recorded transactions
2025
Price N/A
2024
$440,000
2008
Price N/A
2008
$155,000
2008
Price N/A
2006
Price N/A
1996
$102,500

Zoning & alternative use

CRO · Jacksonville, FL
Zoning description

In CO, RO, and CRO Districts changing message devices and illuminated and indirect lighting signs are also prohibited. (d) Industrial zoning districts: The allowable signs and the sign restrictions and requirements shall…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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