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Property profile & analytics
OFF-MARKET
Estimated value
$7,710,000
Distribution centers
11801 Central Pkwy, Jacksonville, FL 32224-2637
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US19-0319931
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
166,464 SF
Lot
11.2 ac (487,802 SF)
Zoning code
IBP
APN
165425-0600
UPID
US19-0319931
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
-
GTG Mill
-
Central Parkway Development Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.71M
Owner & transaction history
Cpd Meir Equities LLC · 1 yrs held
Cpd Meir Equities LLC
since 2025
7 recorded transactions
Zoning & alternative use
IBP · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$46 / 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
$147,723
Tax year 2023
Assessed value
$7,926,100
Assessed 2023
Previous assessed
$8,592,100
-7.8% YoY
Effective rate
1.86%
On assessed value
Assessed land
$1,632,085
Assessed improvement
$6,294,015
Land market value
$1,632,085
Improvement market value
$6,294,015
Total market value
$7,926,100
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
2
Rooms
2
Bathrooms
6
Total area
166,464 SF
Lot
11.2 ac (487,802 SF)
Zoning code
IBP
APN
165425-0600
UPID
US19-0319931
Jurisdiction
DUVAL
Zoning & alternative use
IBP · Jacksonville, FL
Zoning IBP · permitted uses
IBP · 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.
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Rooms
2
Bathrooms
6
Lot
11.2 ac
Current owner
From public records · entity-resolved
Cpd Meir Equities LLC
Entity
Mailing address
11801 CENTRAL PKWY, JACKSONVILLE, FL 32224-2637
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2025
—
Cpd Meir Equities LLC
Central Parkway Development LLC
Special Warranty Deed
$4,700,000 · Bee Credit Opportunity Fund LP
May 29, 2024
—
Parkway Development LLC
—
Deed
related
$4,700,000 · Beb Credit Opportunity Fund LP
Aug 17, 2007
$7,300,000
Central Parkway Dev LLC
Marco-jacksonville LLC
Deed Of Trust
$6,205,000 · Capitalsouth Bank
Aug 17, 2007
—
Central Parkway Dev LLC
Luby T J Living Trust
Grant Deed
—
Mar 25, 2005
$6,300,000
Luby Timothy J Trust
Norcross Group LLP
Grant Deed
$5,040,000 · Lasalle National Bank
Jul 19, 1999
$180,000
Norcross Group
Us #29 At Pleasant Hill Group
Grant Deed
—
May 4, 1999
—
Norcoss Group
Maidenform INC
Quit Claim Deed
related
$1,775,000 · Colonial Bank Fsb
—
—
Luby Timothy J Trust
—
Deed Of Trust
related
$400,000 · Amerimark Bank
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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