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Property profile & analytics
OFF-MARKET
Estimated value
$13,715,000
Hotels
1331 Prudential Dr Jacksonville, FL 32207-8129
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-5234754
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
59,749 SF
Lot
1.64 ac (71,476 SF)
Zoning code
CCBD
APN
080327-1000
UPID
US18-5234754
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
-
Hampton Inn Jacksonville-Downtown-I-95 Hotel & Motel
-
Vystar Veterans Memorial Park Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.86M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.50M
Blend (final)
Blend
$13.72M
Owner & transaction history
Fortune Investments LLC · 3 yrs held
Fortune Investments LLC
since 2022
Last sale
$15.9M
6 recorded transactions
Zoning & alternative use
CCBD · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$13.7M
+34.3%
Neighborhood: shopping center
$13.1M
+29.2%
Auto repair, garage
$12.7M
+25.3%
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
$13,345,000
ML approach
$8,860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$10,170,000
Current use
MEDICAL BUILDING
$13,650,000
Change: +34% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$13,140,000
Change: +29% · Conversion: Difficult
AUTO REPAIR, GARAGE
$12,740,000
Change: +25% · Conversion: Difficult
RETAIL STORES
$10,815,000
Change: +6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$9,860,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$13.72M
Range $12.34M – $15.09M · ±10% · vs last sale $15.93M (Nov 17 2022)
Last sale anchor
$15.93M
Nov 17 2022
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
$230 / 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
$234,640
Tax year 2023
Assessed value
$12,415,300
Assessed 2023
Previous assessed
$10,739,100
+15.6% YoY
Effective rate
1.89%
On assessed value
Assessed land
$1,787,025
Assessed improvement
$10,628,275
Land market value
$1,787,025
Improvement market value
$10,628,275
Total market value
$12,415,300
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
WALL UNIT
Buildings
2
Stories
5
Rooms
119
Bathrooms
371
Total area
59,749 SF
Lot
1.64 ac (71,476 SF)
Zoning code
CCBD
APN
080327-1000
UPID
US18-5234754
Jurisdiction
DUVAL
Zoning & alternative use
CCBD · Jacksonville, FL
Zoning CCBD · permitted uses
CCBD · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$10.2M
MEDICAL BUILDING
Est. value
$13.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.1M
AUTO REPAIR, GARAGE
Est. value
$12.7M
RETAIL STORES
Est. value
$10.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.9M
HOTEL/MOTEL Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
5
Buildings
2
Rooms
119
Bathrooms
371
Lot
1.64 ac
Current owner
From public records · entity-resolved
Fortune Investments LLC
Entity
Free & Clear · 3 yrs held
Mailing address
125 NE 1ST AVE STE #1, OCALA, FL 34470-6675
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2022
$15,925,900
Fortune Investments LLC
Jacksonville Hotel Property Company
Special Warranty Deed
—
Jan 14, 2020
—
Jacksonville Hotel Property Co
—
Deed
related
$25,400,000 · Pfp Hldg Co Vi LLC
Jun 9, 2016
—
Jacksonville Hotel Property Company
1331 Prudential Holdings LLC
Special Warranty Deed
$26,556,000 · Compass Bank
Aug 9, 2011
$10,000,000
1331 Prudential Holdings LLC
Rfs Spe 2000 LLC
Special Warranty Deed
$7,345,000 · C-iii Commercial Mortgage LLC
Aug 17, 2000
$4,087,000
Rfs Spe 2000 LLC
Rfs Partnership LP
Grant Deed
related
$4,808,880 · Bank Of America
—
—
Jacksonville Hotel Property Co
—
Deed Of Trust
related
$25,400,000 · Pfp Hldg Co Vi LLC
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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