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Property profile & analytics
FOR LEASE
Strip malls
1650 Art Museum Dr Jacksonville, FL 32207
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-0631335
For Lease
1 / 2
$11 SF/Yr
1650 Art Museum Dr, Jacksonville, FL 32207
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
28,058 SF
Lot
2.75 ac (119,796 SF)
Zoning code
CCG-1
APN
129463-0000
UPID
US18-0631335
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
-
Precision Sound Studios Recording Studio
-
Victory Chapel CFC - Emerson Church
-
DGMG SOUNDCAMP Recording Studio
-
J&H Furnitures Furniture & Home Goods Home Decor Store
-
VyStar Credit Union ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.45M
Owner & transaction history
Monir Yazgi · 1 yrs held
Monir Yazgi
since 2025
7 recorded transactions
Zoning & alternative use
CCG-1 · Jacksonville, 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 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
Blend value · Realmo final
$1.45M
Range $1.31M – $1.60M · ±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
$52 / 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
$27,663
Tax year 2023
Assessed value
$1,737,400
Assessed 2023
Previous assessed
$1,176,700
+47.7% YoY
Effective rate
1.59%
On assessed value
Assessed land
$260,300
Assessed improvement
$1,477,100
Land market value
$260,300
Improvement market value
$1,477,100
Total market value
$1,737,400
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
For Lease
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
21
Rooms
21
Bathrooms
33
Total area
28,058 SF
Lot
2.75 ac (119,796 SF)
Zoning code
CCG-1
APN
129463-0000
UPID
US18-0631335
Jurisdiction
DUVAL
Zoning & alternative use
CCG-1 · Jacksonville, FL
Zoning CCG-1 · permitted uses
CCG-1 · 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.
Building & site characteristics
From public records
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
21
Rooms
21
Bathrooms
33
Lot
2.75 ac
Current owner
From public records · entity-resolved
Monir Yazgi
Individual
Mailing address
7633 HOLIDAY RD S, JACKSONVILLE, FL 32216-3247
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2025
—
Monir Yazgi
Monir Yazgi
Deed
related
—
Jul 2, 2021
—
C Diamond Infra LLC
—
Deed
related
$796,204 · Deutsche Bank Trust Co Americas
Aug 22, 2014
—
—
Yazgi,monir & Sylvia M
Quit Claim Deed
related
—
Aug 12, 2013
$1,000,000
Monir Yazgi
Solomon,raymond G
Grant Deed
—
—
—
Raymond G Solomon
—
Deed Of Trust
related
$150,000 · First Alliance Bank Fsb
—
—
Raymond G Solomon
—
Deed Of Trust
related
$2,094,649 · Jacksonville Bank
—
—
Raymond G Solomon
—
Deed Of Trust
related
$100,000 · Jacksonville Bank
—
—
Raymond G Solomon
—
Deed Of Trust
related
$285,000 · First Alliance Bank Fsb
—
—
Raymond G Solomon
—
Deed Of Trust
related
$205,000 · Jacksonville Bank
—
—
Raymond G Solomon
—
Deed Of Trust
related
$2,103,230 · Jacksonville Bank
—
—
Raymond G Solomon
—
Deed Of Trust
related
$380,000 · First Alliance Bank Fsb
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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