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Property profile & analytics
FOR LEASE
Industrial properties
3508 Lenox Ave Jacksonville, FL 32254
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-5702409
For Lease
1 / 30
$3,850/Mo
3508 Lenox Ave, Jacksonville, FL 32254
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1998
Construction
STEEL FRAME
Total area
2,501 SF
Lot
0.31 ac (13,644 SF)
Zoning code
CCG-2
APN
078776-0000
UPID
US18-5702409
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
-
PEC Corporate Office
-
Performance Electrical Contracting Inc. Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$510k
Comparable Approach
Comparable
$652k
Blend (final)
Blend
$660k
Owner & transaction history
Pec Capital Holdings LLC · 9 yrs held
Pec Capital Holdings LLC
since 2017
6 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$550,000
6.5%
$510,000
7%
$470,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$630,000
Current use
OFFICE BUILDING
$580,000
Change: -8% · Conversion: Easy
MEDICAL BUILDING
$570,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$660k
Range $594k – $726k · ±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
$264 / 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
$5,492
Tax year 2023
Assessed value
$334,400
Assessed 2023
Previous assessed
$300,000
+11.5% YoY
Effective rate
1.64%
On assessed value
Assessed land
$40,641
Assessed improvement
$293,759
Land market value
$40,641
Improvement market value
$293,759
Total market value
$334,400
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
For Lease
Year built
1998
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
9
Rooms
9
Bathrooms
8
Total area
2,501 SF
Lot
0.31 ac (13,644 SF)
Zoning code
CCG-2
APN
078776-0000
UPID
US18-5702409
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$630,000
OFFICE BUILDING
Est. value
$580,000
MEDICAL BUILDING
Est. value
$570,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
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
1998
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
9
Rooms
9
Bathrooms
8
Lot
0.31 ac
Current owner
From public records · entity-resolved
Pec Capital Holdings LLC
Entity
Mailing address
3508 LENOX AVE, JACKSONVILLE, FL 32254-4135
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2026
—
Pec Capital Holdings LLC
—
Deed
related
$2,382,000 · The Bancorp Bank
Aug 14, 2019
—
Pec Capilan Hodngs LLC
—
Deed
related
$190,000 · Whitney Bank
Jul 10, 2017
$248,600
Pec Capital Holdings LLC
Christopher Alee Danese
Warranty Deed
$199,000 · Bank Of America NA
Apr 20, 2007
$300,000
Christopher A Danese
Thornton T JR Living Trust
Grant Deed
$270,000 · Thornton T JR Living Trust
Feb 16, 2006
$220,000
Thornton Tommie JR Trust
Coleman Electric Co INC
Grant Deed
—
—
—
Coleman Electric Co INC
—
Deed Of Trust
related
$120,000 · Jaxon Developers INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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