Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,410,000
Strip malls
2853 Henley Rd Green Cove Springs, FL 32043-8616
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4393315
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
WOOD
Total area
11,961 SF
Lot
1.4 ac (60,844 SF)
Zoning code
PUD
APN
21-05-25-010094-002-06
UPID
US18-4393315
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
-
Destination Yoga LLC Gym & Fitness Center
-
Asbury Dance and Music Center Vocational School
-
Asbury Arts Center/North FL Dance Ctr. Training Center
-
Kayla A. Gaughan, APRN Physician
-
50Floor - Green Cove Springs Flooring Installers General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.41M
Owner & transaction history
Coastal Regions Healthcare Portfoli · 3 yrs held
Coastal Regions Healthcare Portfoli
since 2022
Last sale
$4.7M
5 recorded transactions
Zoning & alternative use
PUD · Green Cove Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
on. The design of the development within each zone will need to comply with the regulations of that zone, unless specifically stated otherwise in this article. There is currently one site zoned Planned Unit Development (PUD) within the Form Based Code area. New PUD zoning districts shall not be allowed within the Form Based Code area. The following sections…
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
1,788.54 ac
Source
Form Based Code Information
Top alternative use upside
Restaurant
$6.7M
+280.2%
Office building
$3.1M
+78.0%
Medical building
$3.1M
+73.8%
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 Green Cove Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Green Cove Springs 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
$4,045,000
ML approach
$4,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$6,700,000
Change: +280% · Conversion: Difficult
OFFICE BUILDING
$3,135,000
Change: +78% · Conversion: Moderate
MEDICAL BUILDING
$3,065,000
Change: +74% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,675,000
Change: +52% · Conversion: Easy
Blend value · Realmo final
$4.41M
Range $3.97M – $4.85M · ±10% · vs last sale $4.73M (Oct 27 2022)
Last sale anchor
$4.73M
Oct 27 2022
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
$369 / 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
$21,865
Tax year 2023
Assessed value
$1,440,000
Assessed 2023
Previous assessed
$1,360,000
+5.9% YoY
Effective rate
1.52%
On assessed value
Assessed land
$889,844
Assessed improvement
$550,156
Land market value
$889,844
Improvement market value
$550,156
Total market value
$1,440,000
Applied tax rate
1.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
FORCED AIR
Cooling
OTHER
Stories
1
Units
7
Rooms
11
Total area
11,961 SF
Lot
1.4 ac (60,844 SF)
Zoning code
PUD
APN
21-05-25-010094-002-06
UPID
US18-4393315
Jurisdiction
CLAY
Zoning & alternative use
PUD · Green Cove Springs, FLZoning PUD · permitted uses
PUD · Green Cove Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
on. The design of the development within each zone will need to comply with the regulations of that zone, unless specifically stated otherwise in this article. There is currently one site zoned Planned Unit Development (PUD) within the Form Based Code area. New PUD zoning districts shall not be allowed within the Form Based Code area. The following sections show the intent of each T-zone. CITY OF GREEN COVE SPRINGS LAND DEVELOPMENT CODE AR
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
1,788.54 ac
Source
Form Based Code Information
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$6.7M
OFFICE BUILDING
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$2.7M
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2007
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
7
Rooms
11
Lot
1.4 ac
Current owner
From public records · entity-resolved
Coastal Regions Healthcare Portfoli
Individual
Mailing address
13553 ATLANTIC BLVD STE #201, JACKSONVILLE, FL 32225-4227
Ownership since
2022
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
Oct 27, 2022
$4,725,000
Coastal Regions Healthcare Portfoli
Crsvpm Lake Asbury LLC
Special Warranty Deed
$29,000,000 · South State Bank NA
Sep 1, 2022
$1,175,000
Mcdonalds USA LLC
Bentod INC
Special Warranty Deed
—
Dec 21, 2021
$1,625,000
Crsvpm Lake Asbury LLC
Bentod INC
Special Warranty Deed
$2,911,000 · South State Bank NA
Jul 14, 2021
$969,600
Pavilion Health Services INC
Bentod INC
Special Warranty Deed
—
Jan 24, 2011
—
Clay County
Bentod INC
Warranty Deed
—
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 2853 Henley 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.
