Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    10592 Balmoral Cir E Jacksonville, FL 32218
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10592 Balmoral Cir E Jacksonville, FL 32218

    View on Map
    • Warehouses
    • 30,970 SF
    • 2.36 lot acres
    For Sale
    View Listing →
    10592 Balmoral Circle E., Jacksonville, FL 32218 For Sale
    Contact for pricing
    30,448 SF

    10592 Balmoral Circle E., Jacksonville, FL 32218

    Multi-tenant industrial property with 30,488 square feet in Jacksonville.

    10592 Balmoral Cir E, Jacksonville, FL 32218
    View Listing
    Property ID
    US18-4822453
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Trane Supply / Hardware & Home Improvement / HVAC Service
    • Pilot Industrial Production LLC / Factory / Production Facility
    • Leeway Mechanical Inc / General Contractor / Construction Company
    • Devrin Building / Business Service Center / Corporate Office
    • Waist Trainers Store / (Bike/Boat/Book/etc) Store

    Property Details for 10592 Balmoral Cir E

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.36 lot acres
    Property size
    30,970 SF
    Zone code
    CCG-1
    Property type
    Warehouses
    APN
    044279-0610
    APU
    442790610

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6521
    Latitude
    30.4281
    CBSA code
    27260
    CBSA name
    JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $29,520
    $202,145
    $1,523,455
    $1,725,600
    -
    $202,145
    $1,523,455
    $1,725,600

    Comparable in this City

    • Value Estimation by Request
      267,280 SF

      1215 Imeson Park Blvd

      Distribution properties • 267,280 SF
      1215 Imeson Park Blvd, Jacksonville, FL 32218
      View Details
    • Value Estimation by Request
      0.24 Acres

      Leonid Rd

      STORAGE YARD, OPEN STORAGE • 0.24 Acres
      Leonid Rd, Jacksonville, FL 32218
      View Details
    • Value Estimation by Request
      0.69 Acres

      Miller Cir

      STORAGE YARD, OPEN STORAGE • 0.69 Acres
      Miller Cir, Jacksonville, FL 32218
      View Details
    • Value Estimation by Request
      7.39 Acres

      Palm Lk Dr

      STORAGE YARD, OPEN STORAGE • 7.39 Acres
      Palm Lk Dr, Jacksonville, FL 32218
      View Details
    • Value Estimation
      $2,525,000
      15,400 SF

      1650 Dunn Ave, Unit 1-88

      MINI-WAREHOUSE, STORAGE • 15,400 SF
      1650 Dunn Ave, Jacksonville, FL 32218-4790
      View Details
    • Value Estimation
      $37,670,000
      477,160 SF

      250 Busch Dr

      WAREHOUSE, STORAGE • 477,160 SF
      250 Busch Dr, Jacksonville, FL 32218
      View Details

    Similar Nearby for Sale

    • $330,850
      0.53 Acres

      Jacksonville Commercial Land For Sale

      0.53 acre commercial land with redevelopment potential in Jacksonville, FL.
      763 Eastport Rd, Jacksonville, FL 32218
      View Details
    • Contact for pricing
      30,448 SF

      Industrial Investment in North Jacksonville

      Multi-tenant industrial property with 30,488 square feet in Jacksonville.
      10592 Balmoral Cir E, Jacksonville, FL 32218
      View Details
    • $999,000

      Jacksonville Industrial Investment Opportunity

      2,716 SF building on a 97,568 SF lot.
      11721 Houle Rd, Jacksonville, FL 32218
      View Details
    • $2,450,000
      32,500 SF

      JACKSONVILLE Warehouse with Recent Improvements

      32,500 SF warehouse with excellent location and recent upgrades.
      479 Zoo Pkwy, Jacksonville, FL 32218
      View Details
    • $363,900

      Remodeled Commercial Property on Dunn Ave

      Remodeled commercial property with high traffic and IBP zoning.
      5722 Dunn Ave, Jacksonville, FL 32218
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      2,400 SF

      Office Warehouse Condo Unit

      Spacious 2,400 sq ft condo/warehouse near I-95 and Jaxport.
      10330 Chedoak Ct, Jacksonville, FL 32218
      View Details
    • Contact for pricing

      Imeson Park Warehouse Space Available

      267,280 SF warehouse with ample parking and modern amenities.
      1215 Imeson Park Blvd, Jacksonville, FL 32218
      View Details
    • Contact for pricing

      New Warehouses in North Florida

      New warehouses with highway access near Jacksonville International Airport.
      12435 Lem Turner Rd, Jacksonville, FL 32218
      View Details
    • Contact for pricing
      5,535 SF

      Industrial Space with Rear Load

      5,535 SF industrial space featuring rear loading.
      13291 Vantage Way, Jacksonville, FL 32218
      View Details
    • Contact for pricing
      2,250 SF

      Warehouse Distribution Facility For Rent

      284,750 SF dock-high warehouse/distribution facility in North Side.
      14476 Duval Pl W, Jacksonville, FL 32218
      View Details
    • Contact for pricing

      Industrial Space with Ample Parking

      45,000 SF industrial space with 127 parking spots.
      13910 Alvarez Rd, Jacksonville, FL 32218
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10592 Balmoral Cir E
    Jacksonville, FL 32218
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!