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    11160 Beach Blvd Jacksonville, FL 32246

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    Property profile & analytics

    11160 Beach Blvd Jacksonville, FL 32246

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    • Community centers
    • 59,320 SF
    • 3.42 lot acres
    For Lease
    $2,220,000
    View Listing →
    Retail Space at Beach Boulevard For Lease
    $2,220,000
    13,080 SF

    Retail Space at Beach Boulevard

    Retail space for rent at a busy intersection.

    11160 Beach Blvd, Jacksonville, FL
    View Listing
    Property ID
    US18-4761589
    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

    • Brightway Insurance - The Sands Agency / Insurance Agency
    • Shawna Erwin / Physician
    • 1 Stop Nail Supply / (Bike/Boat/Book/etc) Store / Cosmetic Store
    • Mariner Finance / Loan Service / Bank
    • Cecilia Spurlock / Physician

    Property Details for 11160 Beach Blvd

    Year built
    2003
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.42 lot acres
    Property size
    59,320 SF
    Zone code
    CCG-1
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    165412-0200
    APU
    1654120200

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,335,000
      Market price range: $1.34M - $3.51M

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.5307
    Latitude
    30.285
    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
    $82,083
    $704,049
    $4,065,351
    $4,769,400
    -
    $704,049
    $4,065,351
    $4,769,400

    Comparable in this City

    • Value Estimation
      $1,990,000
      13,206 SF

      10261 Riv Marsh Dr Ste, Unit 101

      MINI-MALL • 13,206 SF
      10261 Riv Marsh Dr Ste, Jacksonville, FL 32246-7418
      View Details
    • Value Estimation
      $1,715,000
      11,752 SF

      4906 Town Ctr Pkwy, Unit 100

      MINI-MALL • 11,752 SF
      4906 Town Ctr Pkwy, Jacksonville, FL 32246-8593
      View Details
    • Value Estimation
      $2,050,000
      15,020 SF

      4972 Town Ctr Pkwy, Unit 300

      MINI-MALL • 15,020 SF
      4972 Town Ctr Pkwy, Jacksonville, FL 32246-8596
      View Details
    • Value Estimation by Request
      17,142 SF

      4871 Town Ctr Pkwy

      MINI-MALL • 17,142 SF
      4871 Town Ctr Pkwy, Jacksonville, FL 32246-8437
      View Details
    • Value Estimation
      $2,945,000
      32,008 SF

      11316 Bch Blvd

      MINI-MALL • 32,008 SF
      11316 Bch Blvd, Jacksonville, FL 32246-5810
      View Details
    • Value Estimation
      $1,300,000
      13,200 SF

      12620 Bch Blvd Ste, Unit 13

      MINI-MALL • 13,200 SF
      12620 Bch Blvd Ste, Jacksonville, FL 32246-7130
      View Details

    Similar Nearby for Sale

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      Jacksonville Flex/Showroom Building For Sale

      46,000 SF multi-tenant flex/showroom building on 3.64 acres.
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      3,614 SF

      NNN Ground Lease JPM Chase

      NNN ground lease with 17.5 years remaining on initial term.
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    • $1,500,000
      5,103 SF

      Retail Property Near Town Center

      Retail property in close proximity to prominent retail areas.
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      View Details
    • $195,000
      0.47 Acres

      Residential Land in Jacksonville, FL

      Two lots available for residential development or investment.
      Forest Blvd, Jacksonville, FL 32246
      View Details
    • $100,000
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      Residential Land in Jacksonville, FL

      Land with assigned address and completed floor plans ready for construction.
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      Jacksonville Commercial Land For Sale

      1.81 acre commercial land parcel approved for mixed-use development.
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    Similar Nearby for Lease

    • Contact for pricing
      4,400 SF

      Neighborhood Retail Center Space Available

      Retail space in renovated neighborhood center with high visibility.
      12041 Beach Blvd, Jacksonville, FL 32246
      View Details
    • Contact for pricing

      Retail and Restaurant Spaces Available

      Well-maintained retail and restaurant spaces in a rich market.
      11757 Beach Blvd, Jacksonville, FL 32246
      View Details
    • Contact for pricing
      1,064 SF

      Retail and Restaurant Spaces Available

      Well-maintained retail and restaurant spaces in vibrant Beachwood market.
      11757 Beach Blvd, Jacksonville, FL 32246
      View Details
    • Contact for pricing
      3,268 SF

      Retail Space Near University Campuses

      Grocery-anchored retail space near University of North Florida and FSCJ.
      11140 Beach Blvd, Jacksonville, FL 32246
      View Details
    • Contact for pricing
      5,193 SF

      Retail Space in St. Johns

      Retail space with high visibility and ample parking available for lease.
      10769 Beach Blvd, Jacksonville, FL 32246
      View Details
    • Contact for pricing
      14,000 SF

      Retail Space in Town Center

      Available retail space in a grocery-anchored mixed-use destination.
      4860-4874 Big Island Dr, Jacksonville, FL 32246
      View Details

    Property Visit Statistics

    • Visits by month
      13.0k
    • Visitors by month
      12.6k
    • Avg Time on site
      41 min
    View Listing
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    Jacksonville, FL 32246
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    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
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    11160 Beach Blvd, Jacksonville, FL, 32246

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