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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Grocery and convenience stores
2203 Dunn Ave Jacksonville, FL 32218-4719
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3987746
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,000 SF
Lot
1.07 ac (46,427 SF)
Zoning code
PUD
APN
044220-0045
UPID
US18-3987746
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
-
Fadeaway Barber shop Barber Shop
-
ATM (Prime Stop Food Store) Atm
-
Prime Time Food Store Grocery & Convenience Store
-
Hard Tymz Tattoo Supply Tattoo & Piercing Shop
-
Prime Stop Food Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
$1.15M
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.10M
Owner & transaction history
N D Yazgi 2203 Dunn Ave INC · 1 yrs held
N D Yazgi 2203 Dunn Ave INC
since 2024
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
PUD · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.8M
+117.9%
Commercial (general)
$1.3M
+57.1%
Medical building
$1.1M
+42.3%
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
$1,100,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
$1,240,000
6.5%
$1,145,000
7%
$1,065,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$805,000
Current use
OFFICE BUILDING
$1,750,000
Change: +118% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,260,000
Change: +57% · Conversion: Easy
MEDICAL BUILDING
$1,140,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,065,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$905,000
Change: +13% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$825,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.10M (Sep 24 2024)
Last sale anchor
$1.10M
Sep 24 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
$220 / 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
$17,018
Tax year 2023
Assessed value
$913,100
Assessed 2023
Previous assessed
$913,100
+0.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$142,440
Assessed improvement
$770,660
Land market value
$142,440
Improvement market value
$770,660
Total market value
$913,100
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
3
Rooms
3
Bathrooms
12
Total area
5,000 SF
Lot
1.07 ac (46,427 SF)
Zoning code
PUD
APN
044220-0045
UPID
US18-3987746
Jurisdiction
DUVAL
Zoning & alternative use
PUD · Jacksonville, FL
Zoning PUD · permitted uses
PUD · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$805,000
OFFICE BUILDING
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$905,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$825,000
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
3
Rooms
3
Bathrooms
12
Lot
1.07 ac
Current owner
From public records · entity-resolved
N D Yazgi 2203 Dunn Ave INC
Entity
Mailing address
3690 CATHEDRAL OAKS PL N, JACKSONVILLE, FL 32217-4210
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2024
—
N D Yazgi 2203 Dunn Ave INC
N D Yazgi INC
Intrafamily Transfer
related
—
Feb 9, 2022
$1,100,000
N D Yazgi INC
2203 Dunn Jax LLC
Warranty Deed
—
Apr 18, 2018
—
Vre 2203 Dunn LLC
—
Deed
related
$866,654 · American Momentum Bk
Apr 11, 2018
$970,000
2203 Dunn Jax LLC
Vre 2203 Dunn LLC
Grant Deed
—
Feb 24, 2012
$755,000
Vre 2203 Dunn LLC
Kandah,sam G
Grant Deed
—
—
—
Vre 2203 Dunn LLC
—
Deed Of Trust
related
$977,760 · American Momentum Bank
—
—
Osama Qandah
—
Deed Of Trust
related
$400,000 · Jacksonville Bank
—
—
Vre 2203 Dunn LLC
—
Loan Modification
related
$866,654 · American Momentum Bk
—
—
Sam G Kandah
—
Deed Of Trust
related
$100,000 · Eddie E Farah
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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