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Property profile & analytics
OFF-MARKET
Estimated value
$1,085,000
Office buildings
114 Halsema S Rd Jacksonville, FL 32220-1658
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-1794852
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Construction
STEEL FRAME
Total area
4,656 SF
Lot
10.02 ac (436,585 SF)
Zoning code
IH
APN
001738-0010
UPID
US18-1794852
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
-
Pennicle Transportation Trucking Company
-
Capps Land Management Inc Construction Company
-
Energy Dispatch Fuel Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.09M
Owner & transaction history
Capps Land Mgmt & Material LLC · 7 yrs held
Capps Land Mgmt & Material LLC
since 2018
4 recorded transactions
Zoning & alternative use
IH · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+29.9%
Medical building
$1.1M
+17.7%
Auto repair, garage
$995,000
+9.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$905,000
Current use
COMMERCIAL (GENERAL)
$1,175,000
Change: +30% · Conversion: Easy
MEDICAL BUILDING
$1,065,000
Change: +18% · Conversion: Easy
AUTO REPAIR, GARAGE
$995,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$845,000
Change: -7% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$750,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±10%
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
$233 / 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
$23,682
Tax year 2023
Assessed value
$1,219,503
Assessed 2023
Previous assessed
$1,153,879
+5.7% YoY
Effective rate
1.94%
On assessed value
Assessed land
$253,512
Assessed improvement
$965,991
Land market value
$253,512
Improvement market value
$965,991
Total market value
$1,219,503
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1991
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
10
Rooms
19
Bathrooms
14
Total area
4,656 SF
Lot
10.02 ac (436,585 SF)
Zoning code
IH
APN
001738-0010
UPID
US18-1794852
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
OFFICE BUILDING Current
Est. value
$905,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$995,000
RETAIL STORES
Est. value
$845,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$750,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1991
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
10
Rooms
19
Bathrooms
14
Lot
10.02 ac
Current owner
From public records · entity-resolved
Capps Land Mgmt & Material LLC
Entity
Mailing address
114 HALSEMA RD S, JACKSONVILLE, FL 32220-1658
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Oct 5, 2018
$1,500,000
Capps Land Mgmt & Material LLC
Johnny Johnson INC
Grant Deed
$1,446,569 · Johnny SR & Humberto Johnson
May 25, 2004
$1,000,000
Johnny Johnson INC
Wooten,thomas
Grant Deed
$950,000 · First Guaranty Bk & Tr Jackson
May 25, 2004
$700,000
Thomas Wooten
Tyson Farms INC
Grant Deed
—
—
—
Johnny Johnson INC
—
Deed Of Trust
related
$1,985,000 · First Bank Of Jacksonville
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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