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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Grocery and convenience stores
2688 Old Middleburg N Rd Jacksonville, FL 32210-3513
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-4125348
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,744 SF
Lot
0.62 ac (27,007 SF)
Zoning code
CCG-1
APN
012475-0000
UPID
US18-4125348
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
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Circle K Grocery & Convenience Store
-
Bitcoin Depot | Bitcoin ATM Crypto Atm Atm
-
Kangaroo Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$385k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$435k
Blend (final)
Blend
$525k
Owner & transaction history
Circle K Stores INC · 10 yrs held
Circle K Stores INC
since 2016
4 recorded transactions
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$855,000
+86.7%
Auto repair, garage
$800,000
+74.2%
Office building
$695,000
+51.3%
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
by Request
ML approach
$385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$460,000
Current use
MEDICAL BUILDING
$855,000
Change: +87% · Conversion: Difficult
AUTO REPAIR, GARAGE
$800,000
Change: +74% · Conversion: Difficult
OFFICE BUILDING
$695,000
Change: +51% · Conversion: Moderate
RETAIL STORES
$520,000
Change: +13% · Conversion: Easy
WAREHOUSE, STORAGE
$450,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$140 / 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
$22,258
Tax year 2023
Assessed value
$1,253,800
Assessed 2023
Previous assessed
$1,097,600
+14.2% YoY
Effective rate
1.78%
On assessed value
Assessed land
$85,529
Assessed improvement
$1,168,271
Land market value
$85,529
Improvement market value
$1,168,271
Total market value
$1,253,800
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
3
Rooms
3
Bathrooms
10
Total area
3,744 SF
Lot
0.62 ac (27,007 SF)
Zoning code
CCG-1
APN
012475-0000
UPID
US18-4125348
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$460,000
MEDICAL BUILDING
Est. value
$855,000
AUTO REPAIR, GARAGE
Est. value
$800,000
OFFICE BUILDING
Est. value
$695,000
RETAIL STORES
Est. value
$520,000
WAREHOUSE, STORAGE
Est. value
$450,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
3
Rooms
3
Bathrooms
10
Lot
0.62 ac
Current owner
From public records · entity-resolved
Circle K Stores INC
Entity
Free & Clear · 10 yrs held
Mailing address
17 DC, PHOENIX, AZ 85072
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2016
$1,500,000
Circle K Stores INC
2688 North Old Middleburg Road
Grant Deed
—
Feb 6, 2015
—
2688 North Old Middleburg Road
Andrews Family Ptshp Ltd
Grant Deed
related
—
Sep 25, 2014
—
2688 North Old Middleburg Road
Andrews Family Ptshp Ltd
Grant Deed
—
Dec 12, 2008
—
Andrews Family Ptshp Ltd
Andrews J L Living Trust
Quit Claim Deed
related
—
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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