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Property profile & analytics
OFF-MARKET
Estimated value
$4,880,000
Distribution centers
11902 Central Pkwy, Jacksonville, FL 32224-2657
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-8859864
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1997
Construction
CONCRETE
Total area
86,310 SF
Lot
4.86 ac (211,495 SF)
Zoning code
IBP
APN
165425-0375
UPID
US18-8859864
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.88M
Owner & transaction history
11902 Central Parkway LLC · 4 yrs held
11902 Central Parkway LLC
since 2021
Last sale
$4.7M
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
Method
Estimation
Statistic approach
$5,110,000
ML approach
$5,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.88M
Range $4.39M – $5.37M · ±10% · vs last sale $4.70M (Aug 10 2021)
Last sale anchor
$4.70M
Aug 10 2021
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
$57 / 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
$120,984
Tax year 2023
Assessed value
$6,609,300
Assessed 2023
Previous assessed
$6,148,000
+7.5% YoY
Effective rate
1.83%
On assessed value
Assessed land
$747,054
Assessed improvement
$5,862,246
Land market value
$747,054
Improvement market value
$5,862,246
Total market value
$6,609,300
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
1997
Construction
CONCRETE
Heating
CONVECTION
Cooling
NONE
Stories
1
Units
6
Rooms
6
Bathrooms
22
Total area
86,310 SF
Lot
4.86 ac (211,495 SF)
Zoning code
IBP
APN
165425-0375
UPID
US18-8859864
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
1997
Construction
CONCRETE
Heating
CONVECTION
Cooling
Yes
Stories
1
Units
6
Rooms
6
Bathrooms
22
Lot
4.86 ac
Current owner
From public records · entity-resolved
11902 Central Parkway LLC
Entity
Mailing address
500 PLZ DR FL, SECAUCUS, NJ 07094-3619
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2021
$4,700,000
11902 Central Parkway LLC
Colfin 2017 13 Industrial Owner LLC
Special Warranty Deed
—
Dec 31, 2019
—
Colfin 2017 13 Industrial Owner LLC
—
Deed
related
$340,000,000 · Wells Fargo Bank NA
Dec 5, 2017
$6,100,000
Colfin 2017-13 Industrial Owne
Big Box Property Owner F-1 LLC
Grant Deed
—
Jan 6, 2016
$6,300,000
Big Box Property Owner F-1 LLC
Exeter 11902 Central Parkway L
Grant Deed
—
Jun 25, 2008
$5,000,000
Exeter 11902 Ctrl Parkway LLC
Tech Packaging INC
Grant Deed
—
Oct 5, 2006
—
Tech Packaging INC
—
Deed Of Trust
related
$1,250,000 · Cnlbank First Coast
—
—
11902 Central Parkway L Exeter
—
Deed Of Trust
related
$75,000,000 · Us Bank NA
—
—
Tech Packaging INC
—
Deed Of Trust
related
$6,300,000 · Cnl Bank
—
—
Exeter 11902 Ctrl Parkway LLC
—
Deed Of Trust
related
$4,662,000 · Us Bank NA
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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