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Property profile & analytics
OFF-MARKET
Estimated value
$14,270,000
Distribution centers
11070 Cabot Commerce Cir Jacksonville, FL 32226-2399
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5947673
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
131,145 SF
Lot
7.12 ac (310,245 SF)
Zoning code
IH
APN
109098-9120
UPID
US18-5947673
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
-
AVi Logistics Logistics Company Freight Service
-
Logy Global Freight Service Logistics Company
-
Air Van Inc Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$14.27M
CAP Approach
CAP
$13.62M
Comparable Approach
Comparable
$18.34M
Blend (final)
Blend
$14.27M
Owner & transaction history
Fivf III Fl5 LP · 1 yrs held
Fivf III Fl5 LP
since 2024
Last sale
$14.3M
4 recorded transactions
Zoning & alternative use
IH · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$23.7M
+4.7%
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
$14,270,000
ML approach
$14,270,000
CAP Approach
CAP Return
Estimation
6%
$14,750,000
6.5%
$13,615,000
7%
$12,640,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$22,670,000
Current use
RETAIL STORES
$23,740,000
Change: +5% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$21,645,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$14.27M
Range $12.84M – $15.70M · ±10% · vs last sale $14.27M (Aug 20 2024)
Last sale anchor
$14.27M
Aug 20 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
$109 / 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
$150,877
Tax year 2023
Assessed value
$9,327,600
Assessed 2023
Previous assessed
$9,327,600
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$916,068
Assessed improvement
$8,411,532
Land market value
$916,068
Improvement market value
$8,411,532
Total market value
$9,327,600
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
3
Rooms
3
Total area
131,145 SF
Lot
7.12 ac (310,245 SF)
Zoning code
IH
APN
109098-9120
UPID
US18-5947673
Jurisdiction
DUVAL
Zoning & alternative use
IH · Jacksonville, FL
Zoning IH · permitted uses
IH · 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
WAREHOUSE, STORAGE Current
Est. value
$22.7M
RETAIL STORES
Est. value
$23.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$21.6M
WAREHOUSE, STORAGE Current
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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Rooms
3
Lot
7.12 ac
Current owner
From public records · entity-resolved
Fivf III Fl5 LP
Entity
Free & Clear · 1 yrs held
Mailing address
111 RIV ST #1010, HOBOKEN, NJ 07030-5773
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2024
$14,269,300
Fivf III Fl5 LP
G&i Ix C Commerce LLC
Special Warranty Deed
—
Jul 19, 2021
—
G&i Ix C Commerce LLC
—
Deed
related
—
Aug 3, 2018
—
G & I Ix C Commerce LLC
—
Grant Deed
related
$738,530,000 · Royal Bk/canada
Jan 30, 2017
$6,851,000
G & I Ix C Commerce LLC
Cabot II-fl3b04 LLC
Grant Deed
—
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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