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Property profile & analytics
OFF-MARKET Estimated value $1,695,000
Day care centers

11217 San Jose Blvd Jacksonville, FL 32223-7230

14,531 SF 1.95 ac lot Built 1991
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US18-4466953
Property summary
AI-generated overview

This exceptional investment opportunity presents a 14,356-square-foot daycare center in Jacksonville, Florida, leased to O2B Kids, a nationally accredited early childhood education provider with 59 locations across five states. The property sits on a 1.94-acre lot and features 74 parking spaces. Built in 1991 and renovated in 2020, the single-story building is situated in a high-growth area of Jacksonville. The absolute NNN lease boasts a remaining term of over 10.8 years, with four 5-year renewal options. Annual rent increases are the lesser of 1.25x CPI or 2.0%, ensuring consistent NOI growth. The current lease commenced December 18, 2020, and expires August 31, 2035. The property's Net Operating Income (NOI) is $302,709, resulting in a 6.25% cap rate. The asking price is $4,843,000, translating to a price per square foot of $337.35. The property is zoned CCG-1 and has a 100% occupancy rate since its occupancy date of December 18, 2020. This fee-simple ownership offers a secure, long-term investment with a strong corporate tenant and significant upside potential. The property's location in a thriving Jacksonville neighborhood, combined with the tenant's proven track record and expansion plans, makes this a compelling investment opportunity.

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1991
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,531 SF
Lot 1.95 ac (85,042 SF)
Zoning code CCG-1
APN 156071-0010
UPID US18-4466953
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
  • O2B Kids Mandarin High School Daycare Center
  • D W Hutson Construction Inc Construction Company
  • Fortress Homes & Communities Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.83M
Blend (final) Blend
$1.70M
Owner & transaction history
Store Master Funding Xiv LLC · 7 yrs held
Store Master Funding Xiv LLC
since 2018
5 recorded transactions
2018
$2.4M
2012
$1.6M
2012
Price N/A
2005
$1.1M
1969
Price N/A
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $2.6M +28.3%
Office building $2.6M +25.8%
Apartment house (5+ units) $2.4M +17.0%
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