New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,910,000
Strip malls
157 8th St Jacksonville, FL 32206-3780
Trust Owned
15-yr Hold
~
Est. High Equity
Property ID
US18-9367834
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1909
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,887 SF
Lot
0.26 ac (11,531 SF)
Zoning code
CCG-S
APN
071860-0000
UPID
US18-9367834
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
-
Crux Collective Textile Manufacturer Factory
-
The Azalea Rose Project Social Service Agency Charitable Organization
-
The Classic Maven Boutique Clothing Store
-
Fatherhood P.R.I.D.E. Social Service Agency Charitable Organization
-
Good Sandwich Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.91M
Owner & transaction history
Culp Charles W Family Trust · 15 yrs held
Culp Charles W Family Trust
since 2011
6 recorded transactions
Zoning & alternative use
CCG-S · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.1M
+20.9%
Retail stores
$2.9M
+12.8%
Apartment house (5+ units)
$2.6M
+2.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,550,000
Current use
OFFICE BUILDING
$3,085,000
Change: +21% · Conversion: Moderate
RETAIL STORES
$2,875,000
Change: +13% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,620,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.91M
Range $1.72M – $2.10M · ±10%
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
$120 / 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
$13,906
Tax year 2023
Assessed value
$1,157,600
Assessed 2023
Previous assessed
$946,600
+22.3% YoY
Effective rate
1.20%
On assessed value
Assessed land
$69,186
Assessed improvement
$1,088,414
Land market value
$69,186
Improvement market value
$1,088,414
Total market value
$1,157,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1909
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
18
Rooms
18
Bathrooms
48
Total area
15,887 SF
Lot
0.26 ac (11,531 SF)
Zoning code
CCG-S
APN
071860-0000
UPID
US18-9367834
Jurisdiction
DUVAL
Zoning & alternative use
CCG-S · Jacksonville, FL
Zoning CCG-S · permitted uses
CCG-S · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.6M
OFFICE BUILDING
Est. value
$3.1M
RETAIL STORES
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
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
1909
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
18
Rooms
18
Bathrooms
48
Lot
0.26 ac
Current owner
From public records · entity-resolved
Culp Charles W Family Trust
Trust
Mailing address
PO BOX 7504, SAINT MARYS, GA 31558-7504
Ownership since
2011
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
Aug 28, 2018
—
Charles W Culp
—
Deed
related
$108,000 · Vystar Cu
Apr 15, 2011
$250,000
Culp Charles W Family Trust
Atlantic Coast Bk
Grant Deed
$125,000 · Ameris Bank
Sep 9, 2008
—
Atlantic Coast Bk
Clerk Of Court Of Duval County
Trustees Deed
related
—
Aug 26, 2008
$100
Atlantic Coast Bk
Clerk Of Court Of Duval County
Trustees Deed
related
—
Aug 12, 2002
$437,500
Symbiosis Investments LLC
Castlemine Properties INC
Grant Deed
$362,500 · Castlemine Properties INC
—
—
Charles W Culp
—
Deed Of Trust
related
$108,000 · Vystar Cu
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 157 8th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
