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Property profile & analytics
OFF-MARKET
Estimated value
$2,625,000
Grocery and convenience stores
2990 Rayford St Jacksonville, FL 32205-5625
Entity Owned
2-yr Hold
Free & Clear
Property ID
US19-0450496
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,938 SF
Lot
0.64 ac (27,727 SF)
Zoning code
CCG-2
APN
063375-0010
UPID
US19-0450496
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
-
ATM (Cho's BP) Atm
-
Sunoco Gas Station Gas Station
-
SQRL Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.63M
Owner & transaction history
Jacksonville Park Place LLC · 2 yrs held
Jacksonville Park Place LLC
since 2024
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
CCG-2 · 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
Method
Estimation
Statistic approach
$2,625,000
ML approach
$2,625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.63M
Range $2.36M – $2.89M · ±10% · vs last sale $2.63M (Jan 5 2024)
Last sale anchor
$2.63M
Jan 5 2024
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
$1,354 / 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
$7,674
Tax year 2023
Assessed value
$410,700
Assessed 2023
Previous assessed
$410,700
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$90,681
Assessed improvement
$320,019
Land market value
$90,681
Improvement market value
$320,019
Total market value
$410,700
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
3
Bathrooms
10
Total area
1,938 SF
Lot
0.64 ac (27,727 SF)
Zoning code
CCG-2
APN
063375-0010
UPID
US19-0450496
Jurisdiction
DUVAL
Zoning & alternative use
CCG-2 · Jacksonville, FL
Zoning CCG-2 · permitted uses
CCG-2 · 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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
10
Lot
0.64 ac
Current owner
From public records · entity-resolved
Jacksonville Park Place LLC
Entity
Free & Clear · 2 yrs held
Mailing address
400 S 4TH ST STE #410, MINNEAPOLIS, MN 55415-1419
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2024
$2,626,000
Jacksonville Park Place LLC
Orlyjacksonville LLC
Special Warranty Deed
—
Dec 21, 2022
$2,250,000
Orlyjacksonville LLC
Standard Development Company LLC
Special Warranty Deed
$1,687,500 · Settlers Bank
Dec 21, 2022
$1,475,000
Standard Development Company LLC
Dhanvi LLC
Special Warranty Deed
—
Oct 11, 2018
—
Dhanvi LLC
Golden Transaction Corp
Quit Claim Deed
related
—
Oct 11, 2018
$1,060,000
Dhanvi LLC
Golden Transaction Corp
Warranty Deed
—
Oct 31, 2014
$600,000
Golden Transaction Corp
Chos Amoco INC
Warranty Deed
$626,700 · Newtek Small Busn Fin
Dec 22, 2003
$300,000
Chos Amoco INC
Cho,kyung K & Bun S
Grant Deed
related
—
—
—
Kyung K Cho
—
Deed Of Trust
related
$95,000 · Southtrust Bank NA
—
—
Kyung K Cho
—
Deed Of Trust
related
$280,000 · First Guaranty Bk & Tr Jackson
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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