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Property profile & analytics
OFF-MARKET
Estimated value
$14,440,000
Office buildings
1650 Prudential Dr Jacksonville, FL 32207-8147
Entity Owned
11-yr Hold
Free & Clear
Property ID
US18-2925485
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1988
Construction
CONCRETE
Total area
78,498 SF
Lot
8.97 ac (390,700 SF)
Zoning code
CCBD
APN
080082-0100
UPID
US18-2925485
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
-
Baptist Psychiatry Medical Clinic
-
Sheldon Kaplan, PhD Physician Medical Clinic
-
Karla Repper, PhD Physician Medical Clinic
-
RBC Capital Markets Bank
-
Michelle McDonald, PhD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.53M
Comparable Approach
Comparable
$14.81M
Blend (final)
Blend
$14.44M
Owner & transaction history
Baptist Health Properties INC · 11 yrs held
Baptist Health Properties INC
since 2015
3 recorded transactions
Zoning & alternative use
CCBD · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$17.9M
+78.0%
Neighborhood: shopping center
$17.3M
+71.3%
Auto repair, garage
$16.7M
+66.1%
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%
$20,070,000
6.5%
$18,525,000
7%
$17,205,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,075,000
Current use
MEDICAL BUILDING
$17,935,000
Change: +78% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$17,265,000
Change: +71% · Conversion: Difficult
AUTO REPAIR, GARAGE
$16,740,000
Change: +66% · Conversion: Difficult
RETAIL STORES
$14,210,000
Change: +41% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$12,955,000
Change: +29% · Conversion: Easy
Blend value · Realmo final
$14.44M
Range $13.00M – $15.88M · ±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
$184 / 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
Assessed value
$20,894,200
Assessed 2023
Previous assessed
$18,143,300
+15.2% YoY
Assessed land
$6,852,318
Assessed improvement
$14,041,882
Land market value
$6,852,318
Improvement market value
$14,041,882
Total market value
$20,894,200
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 buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1988
Construction
CONCRETE
Heating
FORCED AIR
Cooling
AC.CHILLED WATER
Stories
4
Units
1
Rooms
2
Bathrooms
158
Total area
78,498 SF
Lot
8.97 ac (390,700 SF)
Zoning code
CCBD
APN
080082-0100
UPID
US18-2925485
Jurisdiction
DUVAL
Zoning & alternative use
CCBD · Jacksonville, FL
Zoning CCBD · permitted uses
CCBD · 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
OFFICE BUILDING Current
Est. value
$10.1M
MEDICAL BUILDING
Est. value
$17.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$17.3M
AUTO REPAIR, GARAGE
Est. value
$16.7M
RETAIL STORES
Est. value
$14.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.0M
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1988
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
1
Rooms
2
Bathrooms
158
Lot
8.97 ac
Current owner
From public records · entity-resolved
Baptist Health Properties INC
Entity
Free & Clear · 11 yrs held
Mailing address
841 PRUDENTIAL DR UNIT #1602, JACKSONVILLE, FL 32207-8372
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2015
$16,000,000
Baptist Health Properties INC
Fdg Dupont Center I LLC
Grant Deed
—
Nov 28, 2007
—
Fdg Dupont Center I LLC
Flagler Dev Co LLC
Grant Deed
—
Jun 14, 2004
—
Flagler Dev Co
Flagler Dev
Quit Claim Deed
related
—
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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