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Property profile & analytics
OFF-MARKET
Estimated value
$25,225,000
Parking lots & garages
3599 University S Blvd Jacksonville, FL 32216-4252
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-6027672
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,128 SF
Lot
0.85 ac (36,861 SF)
Zoning code
PBF-3
APN
136288-0500
UPID
US18-6027672
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
-
Brooks Rehabilitation Hospital Med: Borbely Michael J MD Physician Medical Clinic
-
Nicholas J. Deprima, PSYD Physician Medical Clinic
-
Dr. Alaina Breitberg Physician Medical Clinic
-
Rosenthal Plastic Surgery Medical Clinic
-
Pangenics Regenerative Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$23.09M
Blend (final)
Blend
$25.23M
Owner & transaction history
Memorial Healthcare Group INC · 10 yrs held
Memorial Healthcare Group INC
since 2016
2 recorded transactions
Zoning & alternative use
PBF-3 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
PBF-1 and PBF-3 District- (i) One street frontage sign per lot not exceeding one square foot for each linear foot of street frontage, per street, to a maximum size of 300 square feet in area for every 300 linear feet of street frontage or portion thereof, is permitted, provided they are located no closer than 200 feet apart. (ii) Wall signs are permitted. (2…
Zone name
Public Buildings And Facilities 3
General category
UNKNOWN
Zone area
8,501.37 ac
Source
Zoning Ordinance
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$25.23M
Range $22.70M – $27.75M · ±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
$2,491 / 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
$4,350
Tax year 2023
Assessed value
$205,702
Assessed 2023
Previous assessed
$204,418
+0.6% YoY
Effective rate
2.11%
On assessed value
Assessed land
$147,408
Assessed improvement
$58,294
Land market value
$147,408
Improvement market value
$58,294
Total market value
$205,702
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
6
Rooms
6
Bathrooms
28
Total area
10,128 SF
Lot
0.85 ac (36,861 SF)
Zoning code
PBF-3
APN
136288-0500
UPID
US18-6027672
Jurisdiction
DUVAL
Zoning & alternative use
PBF-3 · Jacksonville, FLZoning PBF-3 · permitted uses
PBF-3 · Jacksonville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
PBF-1 and PBF-3 District- (i) One street frontage sign per lot not exceeding one square foot for each linear foot of street frontage, per street, to a maximum size of 300 square feet in area for every 300 linear feet of street frontage or portion thereof, is permitted, provided they are located no closer than 200 feet apart. (ii) Wall signs are permitted. (2)
Zone name
Public Buildings And Facilities 3
General category
UNKNOWN
Zone area
8,501.37 ac
Source
Zoning Ordinance
Building & site characteristics
From public records
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
6
Rooms
6
Bathrooms
28
Lot
0.85 ac
Current owner
From public records · entity-resolved
Memorial Healthcare Group INC
Entity
Free & Clear · 10 yrs held
Mailing address
1 PARK PLZ BLDG #2, NASHVILLE, TN 37203-6527
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2016
—
Memorial Healthcare Group INC
Radi Diana Living Trust
Quit Claim Deed
related
—
Jan 8, 2014
$135,000
Memorial Healthcare Group INC
Hamilton,james C
Quit Claim 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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