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Property profile & analytics
OFF-MARKET
Estimated value
$2,680,000
Strip malls
10663 Monaco Dr Jacksonville, FL 32218-5646
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-8471204
Property summary
AI-generated overview
This exceptional retail property in Northeast Jacksonville offers 12,500 square feet of immediately available space within a larger 34,250 square foot multi-tenant building. Located at 10663 Monaco Dr, Jacksonville, FL 32218, near Dunn Avenue, this Class B property boasts three single-story buildings constructed in 2017, situated on 4.13 acres of land. The property features a total of ten suites, with a minimum divisible space of 1,500 square feet, offering flexibility for various retail businesses. Currently, there are three available spaces ranging from 1,500 to 3,000 square feet. The CCG-1 zoning provides versatility for a range of uses. This high-traffic location, near other established retailers, ensures excellent visibility and accessibility for your business. The property's strong occupancy rate demonstrates its desirability and potential for continued success. This is a rare opportunity to secure prime retail space in a thriving Jacksonville submarket.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,650 SF
Lot
4.09 ac (178,344 SF)
Zoning code
CCG-1
APN
044148-0055
UPID
US18-8471204
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
-
P&R Kiddie College Daycare Center
-
Lociskey Hair Salon Nail Salon
-
Centy's Way Restaurant
-
Monaco 24 Hour Coin Laundry (Bike/Boat/Book/etc) Store
-
Thomas Tots Learning Academy Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.68M
CAP Approach
CAP
$2.67M
Comparable Approach
Comparable
$3.06M
Blend (final)
Blend
$2.68M
Owner & transaction history
10663 Monaco Dr LLC · 2 yrs held
10663 Monaco Dr LLC
since 2024
Last sale
$2.7M
1 recorded transaction
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.1M
+117.9%
Commercial (general)
$2.9M
+57.1%
Medical building
$2.7M
+42.3%
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
$2,680,000
ML approach
$2,680,000
CAP Approach
CAP Return
Estimation
6%
$2,895,000
6.5%
$2,670,000
7%
$2,480,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,870,000
Current use
OFFICE BUILDING
$4,075,000
Change: +118% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,940,000
Change: +57% · Conversion: Easy
MEDICAL BUILDING
$2,660,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,485,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$2,110,000
Change: +13% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,925,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$2.68M
Range $2.41M – $2.95M · ±10% · vs last sale $2.68M (Apr 25 2024)
Last sale anchor
$2.68M
Apr 25 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
$230 / 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
$74,466
Tax year 2023
Assessed value
$4,330,000
Assessed 2023
Previous assessed
$4,330,000
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$1,004,602
Assessed improvement
$3,325,398
Land market value
$1,004,602
Improvement market value
$3,325,398
Total market value
$4,330,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
6
Rooms
17
Total area
11,650 SF
Lot
4.09 ac (178,344 SF)
Zoning code
CCG-1
APN
044148-0055
UPID
US18-8471204
Jurisdiction
DUVAL
Zoning & alternative use
CCG-1 · Jacksonville, FL
Zoning CCG-1 · permitted uses
CCG-1 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.9M
OFFICE BUILDING
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.5M
RETAIL STORES
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
6
Rooms
17
Lot
4.09 ac
Current owner
From public records · entity-resolved
10663 Monaco Dr LLC
Entity
Mailing address
578 WASHINGTON BLVD #841, MARINA DEL REY, CA 90292-5421
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2024
$2,680,000
10663 Monaco Dr LLC
Bmg Enterprises INC
Special Warranty Deed
$1,680,000 · Bmg Enterprises INC
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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