Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1910 Valens Dr Jacksonville, FL 32216

    • Commercial real estate
    • 2.97 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5607274
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1910 Valens Dr

    Lot size
    2.97 lot acres
    Property type
    Commercial real estate
    APN
    138024-0000

    Description

    This exceptional 2.97-acre commercial land parcel presents a compelling investment opportunity in Jacksonville, Florida. Located at 1910 Valens Drive, in the desirable 32216 zip code, this property boasts a strategic location directly across from HCA Florida Memorial Hospital and Brooks Rehabilitation Hospital. The permitted zoning is RLD-60 and CRO, offering considerable flexibility for development plans. The ample lot size provides significant potential for various commercial ventures, particularly those aligned with the medical sector given its proximity to major healthcare facilities. The property's APN is 138024-0000. This presents an ideal setting for medical-related businesses or other commercial uses that would benefit from high visibility and convenient access to a substantial patient and employee base. An added benefit for potential buyers is the owner's willingness to lease back a residential portion of the property for a specified period, offering a unique income stream during the initial development phase. This 2.97-acre site in Duval County represents a rare chance to acquire a highly desirable and strategically positioned commercial property with significant long-term growth potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.597685339785
    Latitude
    30.288300812978

    Comparable in this City

    • Contact for pricing
      0.98 Acres

      Prime Jacksonville Commercial Land

      0.98 Acres, CCG-2 Zoned, Ideal Location
      112 Arlington Rd, Jacksonville, FL 32216
      View Details
    • $549,000
      1.01 Acres

      Prime Commercial Land Opportunity

      1-acre land with PUD zoning, ideal for automotive businesses.
      5711 Richard St, Jacksonville, FL 32216
      View Details
    • $350,000
      1.00 Acre

      Residential Land with Creek Access

      One-acre residential lot with creek access in Jacksonville, Florida.
      28 Agnue Ave, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      2.83 Acres

      Jacksonville Restaurant & Land Opportunity

      12,000 SF Restaurant, 2.83+ Acres, High Traffic
      3216 University Blvd, Jacksonville, FL 32216
      View Details
    • $525,000

      CCG-2 Zoned Commercial Land

      0.98-acre commercial land with versatile usage options.
      112 Arlington Rd N, Jacksonville, FL 32216
      View Details
    • $7,499,999
      65.00 Acres

      65-Acre Multifamily Development Site

      Jacksonville, FL: Prime Development Land
      0 Gate Pkwy And Deerwood Lk Pkwy, Jacksonville, FL 32216
      View Details

    Similar Nearby for Sale

    • $7,499,999
      65.00 Acres

      65-Acre Multifamily Development Site

      Jacksonville, FL: Prime Development Land
      0 Gate Pkwy And Deerwood Lk Pkwy, Jacksonville, FL 32216
      View Details
    • $360,000

      University Blvd Commercial Land Parcel

      1.38 acre commercial land parcel on University Blvd.
      3235 University Blvd N, Jacksonville, FL 32216
      View Details
    • Contact for pricing

      Land Available for Assemblage

      Land available; neighboring property may be available for assemblage.
      7117 Crane Ave, Jacksonville, FL 32216
      View Details
    • $225,000

      Commercial Land Near Beach Blvd

      Cleared, fenced commercial land near downtown, beaches, and highways.
      Grove Park Blvd, Jacksonville, FL 32216
      View Details
    • $2,200,000

      Prime Jacksonville Retail Land

      High-traffic location, excellent development potential.
      5730 University Boulevard Ct, Jacksonville, FL 32216
      View Details
    • $7,500,000
      1.18 Acres

      Prime Jacksonville Car Wash Land

      1.18-acre commercial lot, excellent investment.
      8405 Beach Blvd, Jacksonville, FL 32216
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      12,000 SF

      University Blvd Retail Opportunity

      High-traffic Southside Jacksonville retail land
      3216 University Blvd, Jacksonville, FL 32216
      View Details
    • Contact for pricing

      Southside Blvd Commercial Land Opportunity

      Prime Southside location, flexible space available.
      3729 Southside Blvd, Jacksonville, FL 32216
      View Details
    • $0.02 SF/Yr
      12,062 SF

      Richard Street Office Building

      Prime Office Space, 1 Acre Lot
      5711 Richard St, Jacksonville, FL 32216
      View Details
    • $2,400 /Mo
      1,140 SF

      Jacksonville Office Park End Unit

      Multi-use office park with easy access and ample parking.
      8825 Perimeter Park Blvd, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      20,960 SF

      University Executive Center: Prime Office Space

      Exceptional Office Suites, Duval County
      3101 University Blvd, Jacksonville, FL 32216
      View Details
    • $17 SF/Yr
      17,647 SF

      Jacksonville Office Sublease Opportunity

      17,647 sq ft Office Space in Southpoint
      4500 Salisbury Rd, Jacksonville, FL 32216
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1910 Valens Dr
    Jacksonville, FL 32216
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.