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Property profile & analytics
OFF-MARKET
Parking lots & garages
2978 Lenox Ave Jacksonville, FL 32254
Entity Owned
Free & Clear
Property ID
US18-0153426
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1924
Total area
765 SF
Lot
0.23 ac (10,150 SF)
Zoning code
RLD-60
APN
063328-0020
UPID
US18-0153426
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
529 Meduff Ave LLC
529 Meduff Ave LLC
since 2025
Last sale
$85,000
4 recorded transactions
Zoning & alternative use
RLD-60 · Jacksonville, 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 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
$516
Tax year 2023
Assessed value
$23,042
Assessed 2023
Previous assessed
$22,371
+3.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$17,800
Assessed improvement
$5,242
Land market value
$17,800
Improvement market value
$5,242
Total market value
$23,042
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1924
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
765 SF
Lot
0.23 ac (10,150 SF)
Zoning code
RLD-60
APN
063328-0020
UPID
US18-0153426
Jurisdiction
DUVAL
Zoning & alternative use
RLD-60 · Jacksonville, FL
Zoning RLD-60 · permitted uses
RLD-60 · 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.
Building & site characteristics
From public records
Year built
1924
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
529 Meduff Ave LLC
Entity
Free & Clear · 0 yrs held
Mailing address
8650 OLD KINGS RD S STE #12, JACKSONVILLE, FL 32217-4865
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2025
$85,000
529 Meduff Ave LLC
Setzer Family Foundation INC
Special Warranty Deed
—
Feb 28, 2020
—
Setzer Family Foundation INC
Palmer Leonardo LLC
Grant Deed
—
Jan 27, 2009
—
Palmer Leonardo LLC
Setzer,leonard
Grant Deed
related
—
Feb 4, 2008
—
Palmer Leonardo LLC
Setzer,leonard
Grant 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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