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Property profile & analytics
OFF-MARKET
Estimated value
$1,440,000
Retail space
1878 Ln S Ave Jacksonville, FL 32210-1252
Individually Owned
14-yr Hold
Free & Clear
Property ID
US18-2522591
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2017
Construction
STEEL FRAME
Total area
9,282 SF
Lot
1.27 ac (55,182 SF)
Zoning code
CCG-1
APN
011521-0000
UPID
US18-2522591
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
-
Family Dollar Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.62M
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$1.44M
Owner & transaction history
Family Dollar Stores Of Florida I · 14 yrs held
Family Dollar Stores Of Florida I
since 2011
5 recorded transactions
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.1M
+64.7%
Auto repair, garage
$2.0M
+53.7%
Office building
$1.7M
+33.5%
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%
$1,750,000
6.5%
$1,615,000
7%
$1,500,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,290,000
Current use
MEDICAL BUILDING
$2,120,000
Change: +65% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,980,000
Change: +54% · Conversion: Difficult
OFFICE BUILDING
$1,720,000
Change: +33% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,530,000
Change: +19% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,135,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$1.44M
Range $1.30M – $1.58M · ±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
$155 / 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
$25,844
Tax year 2023
Assessed value
$1,410,600
Assessed 2023
Previous assessed
$1,356,300
+4.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$342,384
Assessed improvement
$1,068,216
Land market value
$342,384
Improvement market value
$1,068,216
Total market value
$1,410,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2017
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
1
Bathrooms
7
Total area
9,282 SF
Lot
1.27 ac (55,182 SF)
Zoning code
CCG-1
APN
011521-0000
UPID
US18-2522591
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
2017
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
7
Lot
1.27 ac
Current owner
From public records · entity-resolved
Family Dollar Stores Of Florida I
Individual
Free & Clear · 14 yrs held
Mailing address
500 VOLVO PKWY, CHESAPEAKE, VA 23320-1604
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2011
—
Family Dollar Stores Of Florida I
Kibler,danny L & Robin
Grant Deed
related
—
Jan 28, 2008
$36,900
Danny L Kibler
Kibler,danny L
Quit Claim Deed
related
$119,000 · Countrywide Bank
Aug 24, 2005
—
Owner Name Unavailable
Kibler,danny L
Quit Claim Deed
related
—
Aug 27, 2004
—
Danny L Kibler
Kibler,danny L
Quit Claim Deed
related
—
—
—
Danny L Kibler
—
Deed Of Trust
related
$56,000 · Beverly Hills Funding Corp
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.
Try Rey
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