Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3662 Spg Park Rd Jacksonville, FL 32207-5734

    • Specialty properties
    • 4,512 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimations
    $200,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5002537
    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

    • American Legion Post 88 / Veterans Organization

    Property Details for 3662 Spg Park Rd

    Year built
    1979
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.24 lot acres
    Property size
    4,512 SF
    Zone code
    CCG-1
    Property type
    Specialty properties
    APN
    127982-0500
    APU
    1279820500

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $230,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $172,000
      Market price range: $172k - $427k

    • Alternative Use

      Use
      Estimation
      CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
      $290,000
      Current use
      OFFICE BUILDING
      $355,000
      Change: +23% Conversion: Difficult
      WAREHOUSE, STORAGE
      $315,000
      Change: +8% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $270,000
      Change: -6% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6254
    Latitude
    30.2894
    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
    $959
    $48,528
    $166,012
    $214,540
    -
    $48,528
    $166,012
    $214,540

    Comparable in this City

    • Value Estimation by Request
      17,600 SF

      5530 Bch Blvd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 17,600 SF
      5530 Bch Blvd, Jacksonville, FL 32207-5161
      View Details
    • Value Estimation
      $230,000
      4,832 SF

      2309 Jernigan Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 4,832 SF
      2309 Jernigan Rd, Jacksonville, FL 32207-7298
      View Details
    • Value Estimation
      $195,000
      5,282 SF

      1601 Oaklawn Pl

      FUNERAL HOME • 5,282 SF
      1601 Oaklawn Pl, Jacksonville, FL 32207-6461
      View Details
    • Value Estimation
      $300,000
      6,526 SF

      1203 Hendricks Ave

      FUNERAL HOME • 6,526 SF
      1203 Hendricks Ave, Jacksonville, FL 32207-8618
      View Details
    • Value Estimation
      $230,000
      4,168 SF

      1423 San Marco Blvd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 4,168 SF
      1423 San Marco Blvd, Jacksonville, FL 32207-8535
      View Details
    • Value Estimation
      $950,000
      8,270 SF

      1509 Hendricks Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 8,270 SF
      1509 Hendricks Ave, Jacksonville, FL 32207-3107
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      54,297 SF

      Beach Blvd Commercial Property

      54,297 SF, 5.81 Acres, High Traffic
      5940 Beach Blvd, Jacksonville, FL 32207
      View Details
    • $699,900

      Large Church Building Near Downtown

      Church building for sale near downtown Jacksonville, Florida.
      2565 Philips Hwy, Jacksonville, FL 32207
      View Details
    • $3,650,000
      5,471 SF

      Jacksonville Retail NNN Opportunity

      Retail property in Jacksonville, Florida, offering NNN investment opportunity.
      1808 Kings Ave, Jacksonville, FL 32207
      View Details
    • $2,970,000

      Downtown Jacksonville Warehouse

      Rare Multi-Use Warehouse, Move-In Ready
      1451 Louisa St, Jacksonville, FL 32207
      View Details
    • $680,000

      Jacksonville Industrial Flex Space

      Prime Flex Space, Owner-User Opportunity
      4104 St Augustine Rd, Jacksonville, FL 32207
      View Details
    • $99,900
      1,413 SF

      Jacksonville Retail Business Opportunity

      Prime Philips Hwy location, established business.
      2919 Philips Hwy, Jacksonville, FL 32207
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      9,790 SF

      Commercial Property in Thriving Hub

      Located in a thriving economic hub near San Marco.
      2899 Powers Ave, Jacksonville, FL 32207
      View Details
    • Contact for pricing
      28,314 SF

      Prime San Marco East Outparcel

      Jacksonville Land - Development Opportunity
      3563 Philips Hwy, Jacksonville, FL 32207
      View Details
    • $6 SF/Yr
      71,136 SF

      Jacksonville Industrial Space For Lease

      71,136 SF Warehouse, Manufacturing, Distribution
      5032 Philips Hwy, Jacksonville, FL 32207
      View Details
    • $14 SF/Yr
      20,440 SF

      Fairmont Street Business Park

      Jacksonville Flex Warehouse Space
      5317 Fairmont St, Jacksonville, FL 32207
      View Details
    • $2,500 /Mo
      1,232 SF

      Remodeled Office Space in Jacksonville

      Completely remodeled office space with high visibility and easy access.
      1620 Emerson St, Jacksonville, FL 32207
      View Details
    • $1,200 /Mo

      Adaptable Commercial Space For Lease

      Versatile commercial space suitable for various business types.
      1730 Shadowood Ln, Jacksonville, FL 32207
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3662 Spg Park Rd
    Jacksonville, FL 32207-5734
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.