Add Listing
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

    1300 Hendricks Ave Jacksonville, FL 32207

    • Commercial real estate
    • 48,764 SF
    • 3.41 lot acres
    For Lease
    View listing
    Last Sale
    Dec 28, 2021
    $6,150,000
    Value Estimations
    $7,300,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-8351070
    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

    • The Station at San Marco / Apartment Building / Apartment Complex
    • JEVO Transportation Service / Freight Service / Logistics Company

    Property Details for 1300 Hendricks Ave

    Year built
    1958
    Lot size
    3.41 lot acres
    Property size
    48,764 SF
    Zone code
    PUD
    Property type
    Commercial real estate
    APN
    080822-0100
    APU
    808220100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,685,000
      ML approach
      $7,625,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $10,730,000
      6.5%
      $9,905,000
      7%
      $9,195,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6553
    Latitude
    30.313
    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
    $95,715
    $5,198,900
    $764
    $5,199,664
    -
    $5,198,900
    $764
    $5,199,664

    Comparable in this City

    • Value Estimation by Request

      4350 Spring Park Rd

      Retail properties & Spaces
      4350 Spring Park Rd, Jacksonville, FL 32207
      View Details
    • Value Estimation by Request

      3906 Emerson St

      Retail properties & Spaces
      3906 Emerson St, Jacksonville, FL 32207
      View Details
    • Value Estimation by Request
      0.14 Acres

      Clinton Ave

      COMMERCIAL (GENERAL) • 0.14 Acres
      Clinton Ave, Jacksonville, FL 32207
      View Details
    • Value Estimation
      $925,000
      5,144 SF

      3501 Emerson St

      COMMERCIAL (GENERAL) • 5,144 SF
      3501 Emerson St, Jacksonville, FL 32207-5638
      View Details
    • Value Estimation by Request
      0.05 Acres

      Jerusalem St

      COMMERCIAL (GENERAL) • 0.05 Acres
      Jerusalem St, Jacksonville, FL 32207
      View Details
    • Value Estimation by Request
      17,555 SF

      5858 St Augustine Rd

      Retail properties & Spaces • 17,555 SF
      5858 St Augustine Rd, Jacksonville, FL 32207
      View Details

    Similar Nearby for Sale

    • $400,000

      Prime Jacksonville Retail Space

      High-traffic location, excellent investment.
      4350 Spring Park Rd, Jacksonville, FL 32207
      View Details
    • $1,700,000
      420 SF

      Shovel-Ready Industrial Development Opportunity

      Fully engineered industrial site approved for 24,000 SF development.
      5310 Philips Hwy, Jacksonville, FL 32207
      View Details
    • $1,550,000
      4,740 SF

      Jacksonville Quadraplex Near San Marco

      Income-producing quadraplex near San Marco and St. Johns River.
      1710 River Rd, Jacksonville, FL 32207
      View Details
    • Contact for pricing
      13,500 SF

      San Jose Blvd Development Opportunity

      4.06 acres with frontage on San Jose Blvd.
      1532 Flanders Rd, Jacksonville, FL 32207
      View Details
    • $1,100,000
      4,945 SF

      Church and Car Lot Opportunity

      Two buildings available: church and car lot near downtown.
      2565 Philips Hwy, Jacksonville, FL 32207
      View Details
    • $499,900
      1,219 SF

      Grocery Store Building For Sale

      European grocery store with licenses in high-traffic Jacksonville location.
      5209 Beach Blvd, Jacksonville, FL 32207
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      28,314 SF

      Prime San Marco East Outparcel

      Jacksonville Land - Development Opportunity
      3563 Philips Hwy, Jacksonville, FL 32207
      View Details
    • Contact for pricing

      Fairmont Street Flex Warehouse Center

      Flex warehouse with showroom, storage, and highway access.
      5317 Fairmont St, Jacksonville, FL 32207
      View Details
    • Contact for pricing

      Industrial Space with Secured Storage

      71,136± SF industrial space with secured outside storage.
      5032 Philips Hwy, Jacksonville, FL 32207
      View Details
    • Contact for pricing
      1,050 SF

      Southside Office Sublease Opportunity

      1050 SF office sublease in Jacksonville's Southside.
      4741 Atlantic Blvd, Jacksonville, FL 32207
      View Details
    • Contact for pricing
      8,569 SF

      Iconic Office Park in Jacksonville

      Central office park with versatile floor plans and ample amenities.
      1809 Art Museum Dr, Jacksonville, FL 32207
      View Details
    • Contact for pricing

      New Construction Retail Space Available

      New retail construction at Beach and University Boulevards.
      5617 Beach Blvd, Jacksonville, FL 32207
      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.
    1300 Hendricks Ave
    Jacksonville, FL 32207
    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.
    Sign Up Successful!
    You now have access to more from Realmo!