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Property profile & analytics
OFF-MARKET
Estimated value
$1,935,000
Strip malls
311 3rd N St Jacksonville Beach, FL 32250-6913
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-9578389
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,306 SF
Lot
0.65 ac (28,171 SF)
Zoning code
JCBD
APN
174051-0000
UPID
US18-9578389
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
$1.94M
Owner & transaction history
Standard Insurance Company · 3 yrs held
Standard Insurance Company
since 2022
7 recorded transactions
Zoning & alternative use
JCBD · Jacksonville Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.0M
+12.8%
Apartment house (5+ units)
$2.7M
+2.8%
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 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,620,000
Current use
RETAIL STORES
$2,950,000
Change: +13% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,690,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.94M
Range $1.74M – $2.13M · ±10%
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
$119 / 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
$73,846
Tax year 2023
Assessed value
$4,168,400
Assessed 2023
Previous assessed
$3,496,800
+19.2% YoY
Effective rate
1.77%
On assessed value
Assessed land
$1,546,875
Assessed improvement
$2,621,525
Land market value
$1,546,875
Improvement market value
$2,621,525
Total market value
$4,168,400
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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
5
Rooms
6
Bathrooms
85
Total area
16,306 SF
Lot
0.65 ac (28,171 SF)
Zoning code
JCBD
APN
174051-0000
UPID
US18-9578389
Jurisdiction
DUVAL
Zoning & alternative use
JCBD · Jacksonville Beach, FL
Zoning JCBD · permitted uses
JCBD · Jacksonville Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jacksonville Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.6M
RETAIL STORES
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
5
Rooms
6
Bathrooms
85
Lot
0.65 ac
Current owner
From public records · entity-resolved
Standard Insurance Company
Entity
Free & Clear · 3 yrs held
Mailing address
30 CHURCH ST, NEW ROCHELLE, NY 10801-6367
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2022
—
Standard Insurance Company
Darobara Milford LLC
Assignment Of Agreement Of Sale
—
Jul 31, 2015
$3,640,000
Darobara Milford LLC
Rref Snv-iii Fl Ulbb LLC
Grant Deed
$2,285,000 · Miscellaneous Ins Co
Jun 12, 2015
—
Rref Snv III-fl Ulbb LLC
Johnson Jennie S
Quit Claim Deed
related
—
Nov 4, 2013
—
Rref Snv III-fl Ulbb LLC
Butler,paul A Coc
Trustees Deed
related
—
Oct 16, 2013
—
Rref Snv Acquisitions LLC
Clerk Of Court Of Duval County
Trustees Deed
related
—
Mar 29, 2006
$3,000,000
Urbana LLC
Conley,brian J
Grant Deed
$2,995,000 · First Coast Community Bank
Jun 1, 1998
$480,000
Brian J Conley
Clark,jacqueline T
Grant Deed
$380,000 · Individual
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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