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

    1401 Tradeport Dr Jacksonville, FL 32218-2486

    • Distribution centers
    • 53,080 SF
    • 10.21 lot acres
    OFF-MARKET
    Value Estimations
    $7,345,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US19-0893554
    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

    • Patterson Logistics Inc / Logistics Company / Freight Service

    Property Details for 1401 Tradeport Dr

    Year built
    1993
    Construction
    CONCRETE
    Lot size
    10.21 lot acres
    Property size
    53,080 SF
    Zone code
    PUD
    Property type
    Distribution centers
    APN
    019359-0150
    APU
    193590150

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $5,510,000
      6.5%
      $5,085,000
      7%
      $4,720,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $6,711,000
      Market price range: $344k - $6.71M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $8,015,000
      Current use
      MEDICAL BUILDING
      $12,130,000
      Change: +51% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $11,320,000
      Change: +41% Conversion: Easy
      RETAIL STORES
      $9,610,000
      Change: +20% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $8,760,000
      Change: +9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6555
    Latitude
    30.4797
    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
    $150,026
    $1,322,481
    $9,183,119
    $10,505,600
    -
    $1,322,481
    $9,183,119
    $10,505,600

    Comparable in this City

    • Value Estimation by Request
      267,280 SF

      1215 Imeson Park Blvd

      Distribution properties • 267,280 SF
      1215 Imeson Park Blvd, Jacksonville, FL 32218
      View Details
    • Value Estimation
      $7,230,000
      76,984 SF

      1400 Eastport Rd

      DISTRIBUTION WAREHOUSE • 76,984 SF
      1400 Eastport Rd, Jacksonville, FL 32218-2220
      View Details
    • Value Estimation
      $4,485,000
      62,390 SF

      9400 Busch N Dr

      DISTRIBUTION WAREHOUSE • 62,390 SF
      9400 Busch N Dr, Jacksonville, FL 32218-5705
      View Details
    • Value Estimation
      $4,525,000
      32,239 SF

      1401 Wheels Rd

      DISTRIBUTION WAREHOUSE • 32,239 SF
      1401 Wheels Rd, Jacksonville, FL 32218-9408
      View Details
    • Value Estimation by Request
      155,688 SF

      13225 Vantage Way

      DISTRIBUTION WAREHOUSE • 155,688 SF
      13225 Vantage Way, Jacksonville, FL 32218-2350
      View Details
    • Value Estimation by Request
      547,200 SF

      1511 Zoo Pkwy

      DISTRIBUTION WAREHOUSE • 547,200 SF
      1511 Zoo Pkwy, Jacksonville, FL 32218-5669
      View Details

    Similar Nearby for Sale

    • New
      $330,850
      0.53 Acres

      Jacksonville Commercial Land For Sale

      0.53 acre commercial land with redevelopment potential in Jacksonville, FL.
      763 Eastport Rd, Jacksonville, FL 32218
      View Details
    • Contact for pricing

      Prime Industrial Property in Jacksonville

      4+ acres with buildings and rentals in growing industrial corridor.
      775803 Eastport Rd, Jacksonville, FL 32218
      View Details
    • $9,520,000
      40.00 Acres

      Jacksonville Industrial Land - 40 Acres

      Prime 40-acre industrial site in Jacksonville, FL.
      527 Gun Club Rd, Jacksonville, FL 32218
      View Details
    • $6,533,750
      108.00 Acres

      Jacksonville Industrial Land - 108 Acres

      Prime I-95 industrial land, Duval County. Excellent investment opportunity.
      at I-95 Owens Rd, Jacksonville, FL 32218
      View Details
    • Contact for pricing
      10,000 SF

      Industrial Warehouse on N Main

      10,000 SF industrial warehouse with 50 parking spots.
      14353 N Main St, Jacksonville, FL 32218
      View Details
    • $363,900

      Remodeled Commercial Property on Dunn Ave

      Remodeled commercial property with high traffic and IBP zoning.
      5722 Dunn Ave, Jacksonville, FL 32218
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      267,280 SF

      Jacksonville Industrial Warehouse

      Modern warehouse space, flexible lease options.
      1215 Imeson Park Blvd, Jacksonville, FL 32218
      View Details
    • Contact for pricing
      96,972 SF

      Tradeport Vantage II Warehouse Space

      Large Warehouse Space Available; Excellent Location
      1460 Vantage Way, Jacksonville, FL 32218
      View Details
    • Contact for pricing
      117,000 SF

      Prime Warehouse Space Available

      Modern Distribution Center, Flexible Units
      13910 Alvarez Rd, Jacksonville, FL 32218
      View Details
    • Contact for pricing
      525,000 SF

      Pecan Park Industrial Warehouse

      Modern 525,000 SF distribution center.
      0 Pecan Park Rd, Jacksonville, FL 32218
      View Details
    • Contact for pricing
      174,157 SF

      Jacksonville Industrial/Office Space

      Class A space, flexible options, prime location.
      2619 Ignition Dr, Jacksonville, FL 32218
      View Details
    • Contact for pricing
      499,000 SF

      Airport 295 Logistics Park

      Three new Class A warehouses, North Florida
      12435 Lem Turner Rd, Jacksonville, FL 32218
      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.
    1401 Tradeport Dr
    Jacksonville, FL 32218-2486
    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!