Back to Search
Property profile & analytics
OFF-MARKET
Commercial land
281 8th N Ave Jacksonville Beach, FL 32250-7129
Individually Owned
12-yr Hold
Free & Clear
Property ID
US18-8670046
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1943
Total area
2,588 SF
Lot
0.14 ac (5,980 SF)
Zoning code
JC-1
APN
174443-0000
UPID
US18-8670046
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Joseph E Kenney · 12 yrs held
Joseph E Kenney
since 2014
7 recorded transactions
Zoning & alternative use
JC-1 · Jacksonville Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville Beach 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
Assessed value
$281,250
Assessed 2023
Previous assessed
$281,250
+0.0% YoY
Assessed land
$281,250
Land market value
$281,250
Total market value
$281,250
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1943
Heating
YES
Cooling
WALL UNIT
Stories
1
Rooms
1
Bathrooms
3
Total area
2,588 SF
Lot
0.14 ac (5,980 SF)
Zoning code
JC-1
APN
174443-0000
UPID
US18-8670046
Jurisdiction
DUVAL
Zoning & alternative use
JC-1 · Jacksonville Beach, FLZoning JC-1 · permitted uses
JC-1 · Jacksonville Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1943
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
Joseph E Kenney
Individual
Free & Clear · 12 yrs held
Mailing address
1431 RIVERPLACE BLVD APT #1206, JACKSONVILLE, FL 32207-9101
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2014
$192,000
Joseph E Kenney
Kenney Boys LLC
Grant Deed
related
—
Nov 18, 2013
$168,600
Kenney Boys LLC
Kenney,joseph E
Grant Deed
related
—
May 17, 2013
—
Joseph E Kenney
Kenney,joseph E
Quit Claim Deed
related
—
Mar 23, 2009
$290,000
Joseph Kenney
Joseph Romano
Warranty Deed
$203,000 · Florida Capital Bank NA
Dec 1, 2006
—
Joseph Romano
Romano,allison
Quit Claim Deed
related
—
Aug 1, 2006
$550,000
Joseph J Romano
Beaches Properties LLP
Warranty Deed
$440,000 · First Franklin
Mar 28, 2005
$376,000
Beaches Properties LLP
Kilgannon,william F
Warranty Deed
—
Jul 29, 2003
$480,000
William F Kilgannon
Pryor,phillip E & Paula J
Grant Deed
$384,000 · Countrywide Home Loans INC
Sep 11, 1996
$120,000
Phillip E Pryor
Popp,ruth M
Grant Deed
$108,000 · First South Bank Fsb
—
—
Phillip E Pryor
—
Deed Of Trust
related
$180,000 · Taylor Bean & Whitaker Mtg
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 281 8th N Ave?
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.