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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Apartment buildings
20 3rd St Jacksonville, FL 32206-4907
Entity Owned
4-yr Hold
Free & Clear
Property ID
US19-0386749
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1914
Construction
WOOD
Total area
3,910 SF
Lot
0.17 ac (7,524 SF)
Zoning code
RMD-S
APN
070808-0000
UPID
US19-0386749
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
$655k
CAP Approach
CAP
$445k
Comparable Approach
Comparable
$720k
Blend (final)
Blend
$670k
Owner & transaction history
Tamar Capital LLC · 4 yrs held
Tamar Capital LLC
since 2022
Last sale
$700,000
3 recorded transactions
Zoning & alternative use
RMD-S · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$895,000
+38.5%
Auto repair, garage
$835,000
+29.2%
Office building
$760,000
+17.6%
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
$585,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
$480,000
6.5%
$445,000
7%
$415,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$645,000
Current use
MEDICAL BUILDING
$895,000
Change: +38% · Conversion: Moderate
AUTO REPAIR, GARAGE
$835,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$760,000
Change: +18% · Conversion: Moderate
RETAIL STORES
$710,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$630,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $700k (Apr 29 2022)
Last sale anchor
$700k
Apr 29 2022
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
$171 / 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
$5,463
Tax year 2023
Assessed value
$295,669
Assessed 2023
Previous assessed
$258,040
+14.6% YoY
Effective rate
1.85%
On assessed value
Assessed land
$73,485
Assessed improvement
$222,184
Land market value
$73,485
Improvement market value
$222,184
Total market value
$295,669
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1914
Construction
WOOD
Heating
FORCED AIR
Cooling
WALL UNIT
Stories
2
Units
8
Rooms
8
Bathrooms
8
Total area
3,910 SF
Lot
0.17 ac (7,524 SF)
Zoning code
RMD-S
APN
070808-0000
UPID
US19-0386749
Jurisdiction
DUVAL
Zoning & alternative use
RMD-S · Jacksonville, FL
Zoning RMD-S · permitted uses
RMD-S · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$645,000
MEDICAL BUILDING
Est. value
$895,000
AUTO REPAIR, GARAGE
Est. value
$835,000
OFFICE BUILDING
Est. value
$760,000
RETAIL STORES
Est. value
$710,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$630,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1914
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
8
Rooms
8
Bathrooms
8
Lot
0.17 ac
Current owner
From public records · entity-resolved
Tamar Capital LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5415 MISSOURI AVE, JACKSONVILLE, FL 32254-1334
Ownership since
2022
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
Apr 29, 2022
$840,000
Tamar Capital LLC
Alohomora LLC
Warranty Deed
—
Apr 29, 2022
$700,000
Alohomora LLC
Vision Investment Properties LLC
Warranty Deed
—
May 16, 2006
$230,000
Vision Investment Props LLC
Ferrell,stephen W II
Warranty 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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