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    Property profile & analytics

    3507 Southside Blvd Jacksonville, FL 32216-4633

    • Strip malls
    • 7,835 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimations
    $835,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0180371
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Murphy Pipeline Contractors / General Contractor
    • Beautifying World / Hair Salon / Nail Salon
    • MAFIECE DZYNZ / Barber Shop
    • Beautylicious / (Bike/Boat/Book/etc) Store / Cosmetic Store
    • 2nd Level Barber Shop / Barber Shop

    Property Details for 3507 Southside Blvd

    Year built
    1992
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.55 lot acres
    Property size
    7,835 SF
    Zone code
    CCG-1
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    124494-0030
    APU
    1244940030

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $960,000
      Market price range: $596k - $2.06M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,260,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,295,000
      Change: +3% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.5587
    Latitude
    30.2822
    CBSA code
    27260
    CBSA name
    JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,492
    $202,208
    $698,392
    $900,600
    -
    $202,208
    $698,392
    $900,600

    Comparable in this City

    • Value Estimation
      $1,675,000
      11,704 SF

      4100 Belfort Rd

      SHOPPING CENTER, STRIP CENTER • 11,704 SF
      4100 Belfort Rd, Jacksonville, FL 32216-1412
      View Details
    • Value Estimation
      $965,000
      6,696 SF

      4076 Belfort Rd

      SHOPPING CENTER, STRIP CENTER • 6,696 SF
      4076 Belfort Rd, Jacksonville, FL 32216-1468
      View Details
    • Value Estimation
      $2,450,000
      19,643 SF

      4160 Southside Blvd

      SHOPPING CENTER, STRIP CENTER • 19,643 SF
      4160 Southside Blvd, Jacksonville, FL 32216-8500
      View Details
    • Value Estimation
      $1,095,000
      7,873 SF

      32 Arlington Rd S32-42

      SHOPPING CENTER, STRIP CENTER • 7,873 SF
      32 Arlington Rd S32-42, Jacksonville, FL 32216
      View Details
    • Value Estimation
      $2,075,000
      18,000 SF

      7120 Hogan Rd

      SHOPPING CENTER, STRIP CENTER • 18,000 SF
      7120 Hogan Rd, Jacksonville, FL 32216-4714
      View Details
    • Value Estimation
      $3,040,000
      24,849 SF

      7035 Philips Hwy

      SHOPPING CENTER, STRIP CENTER • 24,849 SF
      7035 Philips Hwy, Jacksonville, FL 32216-6009
      View Details

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      Jacksonville Flex Space Investment Opportunity

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      Jacksonville Restaurant & Land Opportunity

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    • $750,000

      Jacksonville Retail Investment Opportunity

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    • $2,500,000
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      Prime Jacksonville Bar/Restaurant

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      Prime Jacksonville Retail Land

      High-traffic location, excellent development potential.
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      Prime Jacksonville Commercial Land

      Versatile 0.98-acre lot, $525,000
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    Similar Nearby for Lease

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      Jacksonville Regional Shopping Center Space

      Retail spaces available in Jacksonville Regional Shopping Center.
      3000 Dunn Avenue Ter, Jacksonville, FL 32216
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      1,508 SF

      Retail Space on Fort Caroline

      Retail space available on Fort Caroline Road in Jacksonville, FL.
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      Retail and Restaurant Space Available

      Retail and restaurant spaces in Jacksonville with ample parking.
      4160 Southside Blvd, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      900 SF

      Retail Space in SouthPoint Plaza

      Multi-tenant retail building in a dense business park.
      6426 Bowden Rd, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      115,835 SF

      Beach Blvd Retail Center

      High-traffic Jacksonville retail space.
      8595 Beach Blvd, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      1,000 SF

      Retail Center Anchored by Tax Collector

      Multi-tenant retail center with high visibility and ample parking.
      7120 Hogan Rd, Jacksonville, FL 32216
      View Details
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    3507 Southside Blvd
    Jacksonville, FL 32216-4633
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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