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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Apartment buildings
2247 Riverside Ave Jacksonville, FL 32204-4650
Entity Owned
~
Est. High Equity
Property ID
US19-0384295
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,978 SF
Lot
0.26 ac (11,487 SF)
Zoning code
CRO
APN
090657-0000
UPID
US19-0384295
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
-
Dabster Entertainment (Bike/Boat/Book/etc) Store Corporate Office
-
The Osceola Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$565k
Comparable Approach
Comparable
$911k
Blend (final)
Blend
$655k
Owner & transaction history
2247 Riverside Avenue LLC
2247 Riverside Avenue LLC
since 2025
Last sale
$875,000
5 recorded transactions
Zoning & alternative use
CRO · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+29.2%
Office building
$965,000
+17.6%
Commercial (general)
$935,000
+13.8%
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%
$615,000
6.5%
$565,000
7%
$525,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$820,000
Current use
AUTO REPAIR, GARAGE
$1,060,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$965,000
Change: +18% · Conversion: Moderate
COMMERCIAL (GENERAL)
$935,000
Change: +14% · Conversion: Moderate
RETAIL STORES
$900,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$800,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±10% · vs last sale $875k (Aug 3 2025)
Last sale anchor
$875k
Aug 3 2025
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
$132 / 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
$15,481
Tax year 2023
Assessed value
$964,488
Assessed 2023
Previous assessed
$866,172
+11.4% YoY
Effective rate
1.61%
On assessed value
Assessed land
$253,620
Assessed improvement
$710,868
Land market value
$253,620
Improvement market value
$710,868
Total market value
$964,488
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
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
6
Rooms
6
Bathrooms
6
Total area
4,978 SF
Lot
0.26 ac (11,487 SF)
Zoning code
CRO
APN
090657-0000
UPID
US19-0384295
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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$820,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$965,000
COMMERCIAL (GENERAL)
Est. value
$935,000
RETAIL STORES
Est. value
$900,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$800,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
6
Rooms
6
Bathrooms
6
Lot
0.26 ac
Current owner
From public records · entity-resolved
2247 Riverside Avenue LLC
Entity
Mailing address
441 BLAGDON CT, JACKSONVILLE, FL 32225-6123
Ownership since
2025
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
Nov 3, 2025
$875,000
2247 Riverside Avenue LLC
Sg5 Holdings LLC
Warranty Deed
—
Apr 23, 2024
—
Sg5 Holdings LLC
—
Deed
related
$600,000 · A&d Mortgage LLC
Jan 30, 2019
$1,100,000
Sg5 Holdings LLC
Dean & Bradley LLC
Grant Deed
—
May 9, 2012
$480,000
Dean & Bradley LLC
Riverside Avenue Invs LLC
Grant Deed
$495,000 · Tiner Robert L & Jo D Trust
—
—
Riverside Avenue Invs LLC
—
Deed Of Trust
related
$96,000 · Amsouth Bank
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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