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Property profile & analytics
OFF-MARKET
Estimated value
$2,280,000
Office Spaces
1590 Is Ln Fleming Island, FL 32003-4406
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-4229474
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
26,167 SF
Lot
1.9 ac (82,589 SF)
Zoning code
PUD
APN
32-04-26-021262-006-27
UPID
US18-4229474
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
-
O'Connor Development Corporation Construction Company General Contractor
-
Eckert & Associates, PA Law Firm
-
Hair By Alex Martin Hair Salon
-
Fleming Island Training Center Training Center
-
Solar panels of Fleming Island Solar Energy Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.64M
Blend (final)
Blend
$2.28M
Owner & transaction history
Ibrahim Association LLC · 5 yrs held
Ibrahim Association LLC
since 2020
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
PUD · Fleming Island, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Fleming Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fleming Island 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
$2,645,000
ML approach
$2,445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.28M
Range $2.05M – $2.51M · ±10% · vs last sale $2.00M (Oct 9 2020)
Last sale anchor
$2.00M
Oct 9 2020
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
$87 / 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
$53,427
Tax year 2023
Assessed value
$2,734,217
Assessed 2023
Previous assessed
$2,463,374
+11.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$1,032,463
Assessed improvement
$1,701,754
Land market value
$1,032,463
Improvement market value
$1,701,754
Total market value
$2,734,217
Applied tax rate
1.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
64
Total area
26,167 SF
Lot
1.9 ac (82,589 SF)
Zoning code
PUD
APN
32-04-26-021262-006-27
UPID
US18-4229474
Jurisdiction
CLAY
Zoning & alternative use
PUD · Fleming Island, FL
Zoning PUD · permitted uses
PUD · Fleming Island, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fleming Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
64
Lot
1.9 ac
Current owner
From public records · entity-resolved
Ibrahim Association LLC
Entity
Mailing address
6144 SAN JOSE BLVD W, JACKSONVILLE, FL 32217-2345
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2026
—
The Ibrahim Association LLC
—
Deed
related
$1,100,000 · Bank Of America NA
Oct 9, 2020
$14,000
Ibrahim Association LLC
Fl Fleming Island Office Build
Warranty Deed
—
Oct 9, 2020
—
Ibrahim Association LLC
—
Deed
related
$1,500,000 · Centerstate Bk NA
Dec 30, 2014
—
Fleming Island Business Center
Fleming Island Business Coc
Quit Claim Deed
related
—
—
—
Zz Studios INC
—
Deed Of Trust
related
$350,000 · Mercantile Bank
—
—
Ibrahim Association LLC
—
Deed Of Trust
related
$1,500,000 · Centerstate Bk NA
—
—
Florida Apple 1 LLC
—
Deed Of Trust
related
$15,000,000 · Bank Of America
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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