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Property profile & analytics
OFF-MARKET
Estimated value
$3,000,000
Medical Office Space
10614 Lem Turner Rd Jacksonville, FL 32218-4562
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-5188139
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Construction
STEEL FRAME
Total area
9,870 SF
Lot
1.2 ac (52,101 SF)
Zoning code
PUD
APN
020399-0015
UPID
US18-5188139
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
-
Fresenius Kidney Care North Jacksonville Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.00M
CAP Approach
CAP
$2.12M
Comparable Approach
Comparable
$3.46M
Blend (final)
Blend
$3.00M
Owner & transaction history
10614 Jacksonville LLC · 1 yrs held
10614 Jacksonville LLC
since 2024
Last sale
$3.0M
6 recorded transactions
Zoning & alternative use
PUD · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.5M
+53.1%
Commercial (general)
$2.5M
+10.4%
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
$3,000,000
ML approach
$3,000,000
CAP Approach
CAP Return
Estimation
6%
$2,295,000
6.5%
$2,115,000
7%
$1,965,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,255,000
Current use
OFFICE BUILDING
$3,455,000
Change: +53% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,490,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,105,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$3.00M
Range $2.70M – $3.30M · ±10% · vs last sale $3.00M (Aug 8 2024)
Last sale anchor
$3.00M
Aug 8 2024
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
$304 / 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
Tax billed
$37,980
Tax year 2023
Assessed value
$2,072,572
Assessed 2023
Previous assessed
$1,887,244
+9.8% YoY
Effective rate
1.83%
On assessed value
Assessed land
$132,858
Assessed improvement
$1,939,714
Land market value
$132,858
Improvement market value
$1,939,714
Total market value
$2,072,572
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
12
Rooms
12
Bathrooms
18
Total area
9,870 SF
Lot
1.2 ac (52,101 SF)
Zoning code
PUD
APN
020399-0015
UPID
US18-5188139
Jurisdiction
DUVAL
Zoning & alternative use
PUD · Jacksonville, FL
Zoning PUD · permitted uses
PUD · 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
MEDICAL BUILDING Current
Est. value
$2.3M
OFFICE BUILDING
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.1M
MEDICAL BUILDING Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1999
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
12
Rooms
12
Bathrooms
18
Lot
1.2 ac
Current owner
From public records · entity-resolved
10614 Jacksonville LLC
Entity
Mailing address
1600 GULF BLVD APT #211, CLEARWATER BEACH, FL 33767-2923
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2024
—
10614 Jacksonville LLC
Erik Dargevics
Deed
related
—
Aug 8, 2024
—
10614 Jacksonville LLC
Eric Dargevics
Quit Claim Deed
related
—
May 24, 2021
$3,000,000
Erik Dargevics
Boyce Garrison
Warranty Deed
$2,160,000 · South State Bank National Associati
Jul 11, 2013
$2,178,000
Boyce,garrison Trust
Rmalc INC
Warranty Deed
—
Sep 8, 1998
$62,000
Rmalc INC
Colbyco Enterprises INC
Grant Deed
$1,100,000 · Compass Bank
—
—
Rmalc INC
—
Deed Of Trust
related
$1,100,000 · Florida Cu
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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