Back to Search
Property profile & analytics
OFF-MARKET
Banks
2709 Monument Rd Jacksonville, FL 32225-2526
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4120917
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,804 SF
Lot
0.61 ac (26,688 SF)
Zoning code
PUD
APN
161135-0210
UPID
US18-4120917
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
-
Bank of America ATM (Drive-thru) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jacksonville Covenant Group LLC · 1 yrs held
Jacksonville Covenant Group LLC
since 2024
1 recorded transaction
Zoning & alternative use
PUD · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
or other districts shall apply to those portions of a Planned Unit Development (PUD) which are devoted to uses permitted in these respective districts, unless specifically provided otherwise in the written description of the intended plan of development. (Ord. 91-59-148, § 1; Ord. 91-761-410, § 1; Ord. 2008-969-E, § 1; Ord. 2014-279-E,
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
138,142.68 ac
Source
Zoning Ordinance
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$13,889
Tax year 2023
Assessed value
$753,100
Assessed 2023
Previous assessed
$753,100
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$219,544
Assessed improvement
$533,556
Land market value
$219,544
Improvement market value
$533,556
Total market value
$753,100
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
5
Rooms
7
Bathrooms
9
Total area
3,804 SF
Lot
0.61 ac (26,688 SF)
Zoning code
PUD
APN
161135-0210
UPID
US18-4120917
Jurisdiction
DUVAL
Zoning & alternative use
PUD · Jacksonville, FLZoning PUD · permitted uses
PUD · Jacksonville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
or other districts shall apply to those portions of a Planned Unit Development (PUD) which are devoted to uses permitted in these respective districts, unless specifically provided otherwise in the written description of the intended plan of development. (Ord. 91-59-148, § 1; Ord. 91-761-410, § 1; Ord. 2008-969-E, § 1; Ord. 2014-279-E,
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
138,142.68 ac
Source
Zoning Ordinance
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
5
Rooms
7
Bathrooms
9
Lot
0.61 ac
Current owner
From public records · entity-resolved
Jacksonville Covenant Group LLC
Entity
Mailing address
101 N TRYON ST, CHARLOTTE, NC 28246-0100
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2024
$1,525,000
Jacksonville Covenant Group LLC
Bank Of America National Associatio
Special Warranty Deed
$1,400,000 · South State Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2709 Monument Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
