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

    1301 Davis St Jacksonville, FL 32209-6639

    • Office buildings
    • 2,846 SF
    • 14.13 lot acres
    OFF-MARKET
    Value Estimations
    $635,000
    Show details
    Cap Rate Potential
    7.1%
    Office buildings
    Location Intelligence
    Property ID
    US18-3155909
    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

    • Jacksonville Housing Police / Police Department
    • Blodgett Villas / Apartment Building

    Property Details for 1301 Davis St

    Year built
    1993
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    14.13 lot acres
    Property size
    2,846 SF
    Zone code
    PBF-1
    Property type
    Office buildings
    APN
    052874-0000
    APU
    528740000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $615,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $730,000
      6.5%
      $670,000
      7%
      $625,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $880,000
      Market price range: $299k - $880k
      AI Estimate
      $620,000
      Market price range: $175k - $621k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $555,000
      Current use
      COMMERCIAL (GENERAL)
      $720,000
      Change: +30% Conversion: Easy
      MEDICAL BUILDING
      $650,000
      Change: +18% Conversion: Easy
      AUTO REPAIR, GARAGE
      $605,000
      Change: +10% Conversion: Difficult
      RETAIL STORES
      $515,000
      Change: -7% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $455,000
      Change: -17% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6646
    Latitude
    30.3406
    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
    $0.00
    $1,632,192
    $8,533,714
    $10,165,906
    -
    $1,632,192
    $8,533,714
    $10,165,906

    Comparable in this City

    • Value Estimation
      $9,350,000
      36,744 SF

      1093 6th St

      OFFICE BUILDING • 36,744 SF
      1093 6th St, Jacksonville, FL 32209-6445
      View Details
    • Value Estimation
      $2,640,000
      10,378 SF

      1767 Kings Rd

      OFFICE BUILDING • 10,378 SF
      1767 Kings Rd, Jacksonville, FL 32209-5362
      View Details
    • Value Estimation
      $3,700,000
      14,529 SF

      4811 Payne Stewart Dr

      OFFICE BUILDING • 14,529 SF
      4811 Payne Stewart Dr, Jacksonville, FL 32209-9208
      View Details
    • Value Estimation by Request
      255 SF

      2286 Beaver St

      OFFICE BUILDING • 255 SF
      2286 Beaver St, Jacksonville, FL 32209-7405
      View Details
    • Value Estimation
      $765,000
      5,641 SF

      2944 Edgewood W Ave

      OFFICE BUILDING • 5,641 SF
      2944 Edgewood W Ave, Jacksonville, FL 32209
      View Details
    • Value Estimation by Request
      1,173 SF

      5775 Moncrief Rd

      OFFICE BUILDING • 1,173 SF
      5775 Moncrief Rd, Jacksonville, FL 32209-2536
      View Details

    Similar Nearby for Sale

    • $119,500
      3,228 SF

      Mixed-Use Building in Jacksonville, FL

      Mixed-use building with office and apartment space for sale.
      5506 Ave B, Jacksonville, FL 32209
      View Details
    • $124,999
      1,000 SF

      Prime Jacksonville Multifamily Investment

      High-Yield Rental Portfolio, 19.2% Cap Rate
      1187 3Rd St, Jacksonville, FL 32209
      View Details
    • Contact for pricing
      0.04 Acres

      Vacant Land in Jacksonville, Florida

      Vacant land offering a building opportunity in Jacksonville, Florida.
      4508 Friden Dr, Jacksonville, FL 32209
      View Details
    • Contact for pricing
      Pending

      Double Lot in Jacksonville, FL

      Large double lot suitable for a starter home and multiple projects.
      W 18Th St, Jacksonville, FL 32209
      View Details
    • Contact for pricing
      0.07 Acres

      Cleared Land Ready to Build

      Cleared land in up-and-coming Jacksonville area, ready to build.
      1476 Grothe St, Jacksonville, FL 32209
      View Details
    • Contact for pricing
      0.11 Acres

      Cleared Lot in Jacksonville, FL

      Cleared lot in established neighborhood, convenient to downtown Jacksonville.
      1364 Prince St, Jacksonville, FL 32209
      View Details

    Similar Nearby for Lease

    • $1,400 /Mo
      5,359 SF

      Renovated Commercial Office Suite

      Newly renovated office suite with convenient parking and excellent location.
      5600 New Kings Rd, Jacksonville, FL 32209
      View Details
    • Contact for pricing
      74,034 SF

      Edgewood Ave Retail Center

      Jacksonville Strip Mall, High Traffic
      2261 Edgewood Ave, Jacksonville, FL 32209
      View Details
    • Contact for pricing

      Jacksonville Warehouse Ground Lease

      Prime 2.34-acre fenced warehouse lot.
      0 Walgreen Rd, Jacksonville, FL 32209
      View Details
    • Contact for pricing
      154,800 SF

      Jacksonville Logistics Center Warehouse Space

      Institutional quality warehouse space in Jacksonville's Westside submarket.
      2255 Edgewood Ave N, Jacksonville, FL 32209
      View Details
    • $3,500 /Mo

      Fenced Yard with Modular Office

      Stabilized, fenced, and lighted yard with easy highway access.
      2089 W 26Th St, Jacksonville, FL 32209
      View Details
    • $2,000 /Mo
      18,731 SF

      Fenced Commercial Lot in Jacksonville

      Versatile fenced commercial lot for lease in central Jacksonville.
      45TH W 45Th St W, Jacksonville, FL 32209
      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.
    1301 Davis St
    Jacksonville, FL 32209-6639
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.