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

    15 Church St Jacksonville, FL 32202-3127

    • Specialty properties
    • 24,540 SF
    • 0.41 lot acres
    OFF-MARKET
    Last Sale
    Dec 19, 2022
    $2,750,000
    Value Estimations
    $2,525,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5384155
    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

    • Citadel Corps / Church
    • The Salvation Army Jacksonville Citadel Corps / Senior Center / Community Center
    • PARTNERSHIP FOR THE HOMELESS / Shelter

    Property Details for 15 Church St

    Year built
    1969
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.41 lot acres
    Property size
    24,540 SF
    Zone code
    CCBD
    Property type
    Specialty properties
    APN
    073865-0000
    APU
    738650000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,305,000
      ML approach
      $2,295,000

    • Alternative Use

      Use
      Estimation
      CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
      $1,575,000
      Current use
      RESTAURANT
      $3,340,000
      Change: +112% Conversion: Difficult
      RETAIL STORES
      $2,680,000
      Change: +70% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $2,425,000
      Change: +54% Conversion: Difficult
      OFFICE BUILDING
      $2,370,000
      Change: +51% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,275,000
      Change: +45% Conversion: Difficult
      MEDICAL BUILDING
      $2,135,000
      Change: +36% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6564
    Latitude
    30.3301
    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
    $21,610
    $449,750
    $734,601
    $1,184,351
    -
    $449,750
    $734,601
    $1,184,351

    Comparable in this City

    • Value Estimation
      $3,045,000
      21,098 SF

      220 Ocean St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 21,098 SF
      220 Ocean St, Jacksonville, FL 32202-3218
      View Details
    • Value Estimation by Request
      6,112 SF

      1040 Broad N St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 6,112 SF
      1040 Broad N St, Jacksonville, FL 32202-3904
      View Details
    • Value Estimation
      $1,125,000
      42,933 SF

      410 Broad N St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 42,933 SF
      410 Broad N St, Jacksonville, FL 32202-4806
      View Details
    • Value Estimation
      $675,000
      4,175 SF

      525 Beaver St

      FUNERAL HOME • 4,175 SF
      525 Beaver St, Jacksonville, FL 32202-4089
      View Details
    • Value Estimation by Request
      10,266 SF

      712 Duval St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 10,266 SF
      712 Duval St, Jacksonville, FL 32202-4824
      View Details
    • Value Estimation by Request
      29.29 Acres

      1 Main St

      CENTRALLY ASSESSED • 29.29 Acres
      1 Main St, Jacksonville, FL 32202
      View Details

    Similar Nearby for Sale

    • $1,460,000

      Prime Jacksonville Special Purpose Property

      20-Unit Building, $1.46M Asking
      311 Ashley St, Jacksonville, FL 32202
      View Details
    • $247,830
      1,502 SF

      Downtown Jacksonville Executive Suite

      Prime Office Space, Stunning Views
      233 Bay St, Jacksonville, FL 32202
      View Details
    • $1,095,000
      1,050 SF

      Downtown Jacksonville Office with Parking

      Renovated office building near downtown Jacksonville with parking.
      531 W Union St, Jacksonville, FL 32202
      View Details
    • $730,000
      3,667 SF

      Downtown Jacksonville Office Building

      Historic 2-Story Office, 3,667 SF
      332 Adams St, Jacksonville, FL 32202
      View Details
    • $2,600,000
      19,518 SF

      Versatile Warehouse/Distribution Building For Sale

      19,518 SF building ideal for industrial, warehouse, or distribution.
      503 Parker St, Jacksonville, FL 32202
      View Details
    • $249,000

      Corner Lot in Cathedral District

      Corner lot near Pearl St and Sports & Entertainment District.
      421 N Washington St, Jacksonville, FL 32202
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      15,400 SF

      Bank of America Tower Suites

      Prime Jacksonville Office Space: Flexible Options
      50 Laura St 2500, Jacksonville, FL 32202
      View Details
    • Contact for pricing
      6,945 SF

      Furnished Rooftop Restaurant Space

      Fully furnished and equipped rooftop restaurant space with city views.
      100 W Bay St, Jacksonville, FL 32202
      View Details
    • Contact for pricing
      543 SF

      Downtown Jacksonville Retail Space Available

      Retail space in Downtown Jacksonville's central business district.
      200 W Forsyth St, Jacksonville, FL 32202
      View Details
    • Contact for pricing

      Land For Lease Jacksonville

      Land available for lease in Jacksonville, Florida.
      Beaver St, Jacksonville, FL 32202
      View Details
    • Contact for pricing
      12,770 SF

      Turn-Key Bar/Brewery Space Available

      Fully renovated bar/brewery with outdoor patio in Jacksonville, FL.
      1730 N Main St, Jacksonville, FL 32202
      View Details
    • $20 SF/Yr
      7,000 SF

      Downtown Retail Space For Rent

      Ground floor commercial space in the heart of downtown Jacksonville.
      31 West Adams St, Jacksonville, FL 32202
      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.
    15 Church St
    Jacksonville, FL 32202-3127
    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.