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Property profile & analytics
OFF-MARKET
Estimated value
$2,580,000
Medical Office Space
1711 5th S St, Jacksonville Beach, FL 32250-4040
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-3534559
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1990
Construction
STEEL FRAME
Total area
7,067 SF
Lot
0.8 ac (35,023 SF)
Zoning code
JC-1
APN
179704-0000
UPID
US18-3534559
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.58M
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.58M
Owner & transaction history
Smbc Leasing And Finance INC · 2 yrs held
Smbc Leasing And Finance INC
since 2024
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
JC-1 · Jacksonville Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.8M
+132.5%
Office building
$1.9M
+15.7%
Commercial (general)
$1.8M
+10.4%
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 Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville Beach 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
$2,580,000
ML approach
$2,580,000
CAP Approach
CAP Return
Estimation
6%
$1,910,000
6.5%
$1,760,000
7%
$1,635,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,615,000
Current use
RESTAURANT
$3,755,000
Change: +132% · Conversion: Difficult
OFFICE BUILDING
$1,870,000
Change: +16% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,785,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$2.58M
Range $2.32M – $2.84M · ±10% · vs last sale $2.58M (Feb 27 2024)
Last sale anchor
$2.58M
Feb 27 2024
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
$365 / 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
$24,553
Tax year 2023
Assessed value
$1,315,814
Assessed 2023
Previous assessed
$1,315,814
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$700,440
Assessed improvement
$615,374
Land market value
$700,440
Improvement market value
$615,374
Total market value
$1,315,814
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1990
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
17
Rooms
17
Bathrooms
12
Total area
7,067 SF
Lot
0.8 ac (35,023 SF)
Zoning code
JC-1
APN
179704-0000
UPID
US18-3534559
Jurisdiction
DUVAL
Zoning & alternative use
JC-1 · Jacksonville Beach, FL
Zoning JC-1 · permitted uses
JC-1 · Jacksonville Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jacksonville Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.6M
RESTAURANT
Est. value
$3.8M
OFFICE BUILDING
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.8M
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1990
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
17
Rooms
17
Bathrooms
12
Lot
0.8 ac
Current owner
From public records · entity-resolved
Smbc Leasing And Finance INC
Entity
Free & Clear · 2 yrs held
Mailing address
277 PARK AVE, NEW YORK, NY 10172-0003
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
31 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2024
$2,581,500
Smbc Leasing And Finance INC
Benck Family Partnership
Special Warranty Deed
—
Dec 6, 2023
—
David A Ganak
Yola N Mourginis
Warranty Deed
—
Aug 26, 2022
—
Eric B Royal
Plus One INC
Quit Claim Deed
related
—
Feb 9, 2021
—
Cfbo Note Z
Forge Trust
Intrafamily Transfer
related
—
Dec 22, 2020
—
Ira Roth
Jon R Addison
Quit Claim Deed
related
—
Sep 18, 2020
—
Calvin T Matsumura
Calvin T Matsumura
Quit Claim Deed
related
—
Sep 30, 2017
—
Charles W Yeates
Yeates,charles W
Quit Claim Deed
—
Sep 19, 2017
—
Lynn M Shinn
Shinn Lynn M Trust
Quit Claim Deed
related
—
Jun 29, 2017
—
Shinn,lynn M Trust
Shinn,lynn M
Quit Claim Deed
related
—
Jun 20, 2017
—
Lynn M Shinn
Shinn Investments LLC
Quit Claim Deed
related
—
Mar 2, 2016
—
Sherry A Kelly
Kelley L C JR Trust
Quit Claim Deed
related
—
May 29, 2015
—
Thrifty Trust
Clow G Frederick
Quit Claim Deed
related
—
Jan 25, 2013
$200,000
Carl A Lillmars JR.
Rockwell Debt-free Props INC
Warranty Deed
—
Jan 25, 2013
$103,400
Royal Hampton INC
Rockwell Debt-free Props INC
Warranty Deed
—
Jan 25, 2013
$250,000
Jon R Addison
Rockwell Debt-free Props INC
Warranty Deed
—
Jan 25, 2013
$100,000
Kelley Lawrence C JR Trust
Rockwell Debt-free Props INC
Warranty Deed
—
Jan 25, 2013
$129,000
Yola N Mourginis
Rockwell Debt-free Props INC
Warranty Deed
—
Jan 25, 2013
$150,000
Graff Clara M Trust
Rockwell Debt-free Props INC
Warranty Deed
—
Jan 25, 2013
$190,000
Charles W Yeates
Rockwell Debt-free Props INC
Warranty Deed
—
Oct 24, 2012
$150,000
Graff Clara M Living Trust
Rockwell Debt-free Props INC
Warranty Deed
—
Oct 24, 2012
$100,000
Kelley Lawrence C JR Trust
Rockwell Debt-free Props INC
Warranty Deed
—
Oct 24, 2012
$190,000
Charles W Yeates
Rockwell Debt-free Props INC
Warranty Deed
—
Oct 24, 2012
$200,000
Carl A Lillmars JR.
Rockwell Debt-free Props INC
Warranty Deed
—
Oct 24, 2012
$103,400
Royal Hampton INC
Rockwell Debt-free Props INC
Warranty Deed
—
Sep 13, 2012
$210,000
Royal Hampton INC
Rockwell Debt-free Props INC
Warranty Deed
—
Sep 13, 2012
$100,000
G Frederick Clow
Rockwell Debt-free Props INC
Warranty Deed
—
Sep 13, 2012
$116,800
Calvin T Matsumura
Rockwell Debt-free Props INC
Warranty Deed
—
Sep 13, 2012
$400,000
Benck Family Ptshp A
Rockwell Debt-free Props INC
Warranty Deed
—
Sep 13, 2012
$125,000
Shinn Investments LLC
Rockwell Debt-free Props INC
Warranty Deed
—
Aug 13, 2012
$1,997,200
Rockwell Debt-free Props INC
Rmalc INC
Warranty Deed
—
Dec 28, 2005
$1,300,000
Rmalc INC
Cmw Partnership
Corporation Deed
$1,240,000 · Millennium Bank
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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