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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Apartment buildings
1054 Willow Br Ave Jacksonville, FL 32205-7587
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-2596903
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1928
Construction
WOOD
Total area
4,296 SF
Lot
0.15 ac (6,550 SF)
Zoning code
RMD-B
APN
063913-0000
UPID
US18-2596903
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
$670k
CAP Approach
CAP
$490k
Comparable Approach
Comparable
$755k
Blend (final)
Blend
$685k
Owner & transaction history
Oranda Properties LLC · 4 yrs held
Oranda Properties LLC
since 2021
Last sale
$650,000
2 recorded transactions
Zoning & alternative use
RMD-B · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+52.9%
Medical building
$980,000
+38.5%
Auto repair, garage
$915,000
+29.2%
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
$705,000
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
$530,000
6.5%
$490,000
7%
$455,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$710,000
Current use
COMMERCIAL (GENERAL)
$1,085,000
Change: +53% · Conversion: Moderate
MEDICAL BUILDING
$980,000
Change: +38% · Conversion: Moderate
AUTO REPAIR, GARAGE
$915,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$835,000
Change: +18% · Conversion: Moderate
RETAIL STORES
$780,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$690,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $650k (Sep 2 2021)
Last sale anchor
$650k
Sep 2 2021
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
$159 / 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
$865,644
Assessed 2023
Previous assessed
$608,958
+42.2% YoY
Assessed land
$66,150
Assessed improvement
$799,494
Land market value
$66,150
Improvement market value
$799,494
Total market value
$865,644
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1928
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
6
Rooms
6
Bathrooms
6
Total area
4,296 SF
Lot
0.15 ac (6,550 SF)
Zoning code
RMD-B
APN
063913-0000
UPID
US18-2596903
Jurisdiction
DUVAL
Zoning & alternative use
RMD-B · Jacksonville, FL
Zoning RMD-B · permitted uses
RMD-B · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$980,000
AUTO REPAIR, GARAGE
Est. value
$915,000
OFFICE BUILDING
Est. value
$835,000
RETAIL STORES
Est. value
$780,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$690,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1928
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
6
Rooms
6
Bathrooms
6
Lot
0.15 ac
Current owner
From public records · entity-resolved
Oranda Properties LLC
Entity
Mailing address
4624 POST ST, JACKSONVILLE, FL 32205-5014
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2021
$650,000
Oranda Properties LLC
Nicholas Chop
Warranty Deed
—
Feb 26, 2018
—
Nicholas Chop
—
Deed
related
$350,000 · Firstatlantic Bank
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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