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Property profile & analytics
OFF-MARKET
Estimated value
$88,940,000
Parking lots & garages
1771 Edgewood W Ave Jacksonville, FL 32208-3278
Entity Owned
7-yr Hold
Free & Clear
Property ID
US18-4411559
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1988
Total area
35,748 SF
Lot
3.06 ac (133,143 SF)
Zoning code
CRO
APN
027075-0000
UPID
US18-4411559
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
-
Edgewood Nursing Center Nursing Home
-
Simmons III Charles E MD Pediatrician Medical Clinic
-
Hana Care Rehab Services Medical Clinic
-
Trendz Beauty Salon Hair Salon Nail Salon
-
United Security and Patrol Agency Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$81.48M
Blend (final)
Blend
$88.94M
Owner & transaction history
Lancaster-essex Properties LLC · 7 yrs held
Lancaster-essex Properties LLC
since 2018
2 recorded transactions
Zoning & alternative use
CRO · 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
$88.94M
Range $80.05M – $97.83M · ±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
$2,488 / 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
$226,601
Assessed 2023
Previous assessed
$223,191
+1.5% YoY
Assessed land
$199,941
Assessed improvement
$26,660
Land market value
$199,941
Improvement market value
$26,660
Total market value
$226,601
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1988
Heating
NONE
Total area
35,748 SF
Lot
3.06 ac (133,143 SF)
Zoning code
CRO
APN
027075-0000
UPID
US18-4411559
Jurisdiction
DUVAL
Zoning & alternative use
CRO · Jacksonville, FL
Zoning CRO · permitted uses
CRO · 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
1988
Heating
NONE
Lot
3.06 ac
Current owner
From public records · entity-resolved
Lancaster-essex Properties LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1880 EDGEWOOD AVE W, JACKSONVILLE, FL 32208-3021
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2018
$5,000,000
Lancaster-essex Properties LLC
Ltc-lake Forest INC
Grant Deed
—
Oct 15, 2002
$150,000
Greater Macedonia Baptist Chur
Pheo Med LP
Grant Deed
—
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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