Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11616 Columbia Park W Dr Jacksonville, FL 32258-2479

    • Warehouses
    • 13,140 SF
    • 1.07 lot acres
    OFF-MARKET
    Value Estimations
    $865,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3300692
    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.

    Current Use by Public Records

    • Capitol Materials Coastal / Big Box & Wholesale Store / Building Supply

    Property Details for 11616 Columbia Park W Dr

    Year built
    1991
    Construction
    STEEL FRAME
    Lot size
    1.07 lot acres
    Property size
    13,140 SF
    Zone code
    IL
    Property type
    Warehouses
    APN
    168080-9130
    APU
    1680809130

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.5396
    Latitude
    30.1568
    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
    $16,023
    $256,350
    $655,950
    $912,300
    -
    $256,350
    $655,950
    $912,300

    Comparable in this City

    • Value Estimation
      $1,015,000
      0.26 Acres

      6735 Greenland Industrial Blvd

      STORAGE YARD, OPEN STORAGE • 0.26 Acres
      6735 Greenland Industrial Blvd, Jacksonville, FL 32258-2594
      View Details
    • Value Estimation
      $700,000
      6,000 SF

      6699 Colray Ct

      WAREHOUSE, STORAGE • 6,000 SF
      6699 Colray Ct, Jacksonville, FL 32258-2411
      View Details
    • Value Estimation
      $1,065,000
      18,781 SF

      11626 Columbia Park W Dr

      WAREHOUSE, STORAGE • 18,781 SF
      11626 Columbia Park W Dr, Jacksonville, FL 32258-2479
      View Details
    • Value Estimation
      $1,535,000
      21,840 SF

      11482 Columbia Park W Dr

      WAREHOUSE, STORAGE • 21,840 SF
      11482 Columbia Park W Dr, Jacksonville, FL 32258-9487
      View Details
    • Value Estimation by Request
      6,300 SF

      6676 Columbia Park S Dr

      WAREHOUSE, STORAGE • 6,300 SF
      6676 Columbia Park S Dr, Jacksonville, FL 32258-4406
      View Details
    • Value Estimation
      $565,000
      7,596 SF

      11619 Columbia Park E Dr

      WAREHOUSE, STORAGE • 7,596 SF
      11619 Columbia Park E Dr, Jacksonville, FL 32258-2491
      View Details

    Similar Nearby for Sale

    • $74,999
      0.26 Acres

      Prime Mandarin Commercial Land

      Rare .26-acre lot, ideal for mixed-use development.
      11400 Old St Augustine Rd, Jacksonville, FL 32258
      View Details
    • $460,000
      1,334 SF

      6100 Greenland Rd Unit 403

      For Sale: 6100 Greenland Rd Unit 403 – Unique Two-Story Commercial Suite in Prime Jacksonville Location
      6100 Greenland Road, Jacksonville, FL 32258
      View Details
    • $15,000,000
      146,135 SF

      Jacksonville Office Campus with Amenities

      Well-maintained office campus with modern amenities and convenient location.
      14000 Citicards Way, Jacksonville, FL 32258
      View Details
    • New
      $925,000
      2 SF

      Jacksonville Commercial Land Parcel

      PUD-zoned commercial land in a rapidly growing Jacksonville area.
      Veveras Dr, Jacksonville, FL 32258
      View Details
    • $649,000
      2,280 SF

      2,280 SF Spacious Open Concept Office Condo For Sale/Lease

      2,280 SF Spacious Open Concept Office Condo For Sale/Lease
      13241 Bartram Park Blvd, 2001, Jacksonville, FL 32258
      View Details
    • $50,000
      Pending

      Residential Lot in Mandarin

      Residential lot in Mandarin, Jacksonville, near I-295 and I-95.
      Highland Ave, Jacksonville, FL 32258
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,750 SF

      New Construction Flex Warehouse Buildings

      New construction warehouses with outside storage in the Philips Hwy corridor.
      6498 Fayal Dr S, Jacksonville, FL 32258
      View Details
    • $12 SF/Yr
      36,000 SF

      Avenues Business Park Warehouses

      New Industrial Warehouses for Lease in Jacksonville
      6596 Columbia Park Dr, Jacksonville, FL 32258
      View Details
    • Contact for pricing
      363,000 SF

      Warehouse/Distribution Space in Jacksonville, FL

      363,041 square foot warehouse/distribution building in Mandarin submarket.
      12751 Gran Bay Pkwy W, Jacksonville, FL 32258
      View Details
    • Contact for pricing
      427,918 SF

      Jacksonville Industrial Warehouse - 427,918 SF

      Massive warehouse, ideal outdoor storage, 9 acres.
      6464 Greenland Rd, Jacksonville, FL 32258
      View Details
    • $13 SF/Yr
      5,366 SF

      Flex Industrial Unit For Rent

      Flex/Industrial unit with office and warehouse space available for rent.
      6656 Columbia Park Dr, Jacksonville, FL 32258
      View Details
    • $9 SF/Yr
      7,921 SF

      Jacksonville Flex Space - Southside

      7,921 SF Industrial Flex Space, Duval County.
      6695 Colray Ct, Jacksonville, FL 32258
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11616 Columbia Park W Dr
    Jacksonville, FL 32258-2479
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.