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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Warehouses
3693 Morton St Jacksonville, FL 32217-2545
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-3217893
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Construction
STEEL FRAME
Total area
3,977 SF
Lot
0.39 ac (16,874 SF)
Zoning code
PUD
APN
154132-0000
UPID
US18-3217893
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
-
Turf Doctor Landscaping & Lawn, LLC Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
$415k
Comparable Approach
Comparable
$601k
Blend (final)
Blend
$510k
Owner & transaction history
Vogt Ventures LLC · 4 yrs held
Vogt Ventures LLC
since 2022
Last sale
$510,000
7 recorded transactions
Zoning & alternative use
PUD · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
or other districts shall apply to those portions of a Planned Unit Development (PUD) which are devoted to uses permitted in these respective districts, unless specifically provided otherwise in the written description of the intended plan of development. (Ord. 91-59-148, § 1; Ord. 91-761-410, § 1; Ord. 2008-969-E, § 1; Ord. 2014-279-E,
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
138,142.68 ac
Source
Zoning Ordinance
Top alternative use upside
Auto repair, garage
$850,000
+77.6%
Retail stores
$720,000
+50.8%
Neighborhood: shopping center
$640,000
+33.7%
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
$490,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
$445,000
6.5%
$415,000
7%
$385,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$475,000
Current use
AUTO REPAIR, GARAGE
$850,000
Change: +78% · Conversion: Easy
RETAIL STORES
$720,000
Change: +51% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$640,000
Change: +34% · Conversion: Moderate
OFFICE BUILDING
$540,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $510k (Mar 17 2022)
Last sale anchor
$510k
Mar 17 2022
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
$128 / 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
$7,309
Tax year 2023
Assessed value
$396,600
Assessed 2023
Previous assessed
$348,500
+13.8% YoY
Effective rate
1.84%
On assessed value
Assessed land
$50,313
Assessed improvement
$346,287
Land market value
$50,313
Improvement market value
$346,287
Total market value
$396,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
6
Rooms
6
Bathrooms
8
Total area
3,977 SF
Lot
0.39 ac (16,874 SF)
Zoning code
PUD
APN
154132-0000
UPID
US18-3217893
Jurisdiction
DUVAL
Zoning & alternative use
PUD · Jacksonville, FLZoning PUD · permitted uses
PUD · Jacksonville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
or other districts shall apply to those portions of a Planned Unit Development (PUD) which are devoted to uses permitted in these respective districts, unless specifically provided otherwise in the written description of the intended plan of development. (Ord. 91-59-148, § 1; Ord. 91-761-410, § 1; Ord. 2008-969-E, § 1; Ord. 2014-279-E,
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
138,142.68 ac
Source
Zoning Ordinance
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$475,000
AUTO REPAIR, GARAGE
Est. value
$850,000
RETAIL STORES
Est. value
$720,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$640,000
OFFICE BUILDING
Est. value
$540,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE 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
1997
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
6
Rooms
6
Bathrooms
8
Lot
0.39 ac
Current owner
From public records · entity-resolved
Vogt Ventures LLC
Entity
Mailing address
3693 MORTON ST, JACKSONVILLE, FL 32217-2545
Mailing matches property
Yes
Owner-occupied
Yes
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
Mar 17, 2022
$510,000
Vogt Ventures LLC
Sts Group LLC
Special Warranty Deed
$408,000 · Synovus Bank
Mar 28, 2019
$410,000
Sts Group LLC
Croft,deborah G
Grant Deed
—
Aug 27, 2018
$242,300
Deborah G Croft
Jjww LLC
Warranty Deed
—
Aug 19, 2014
$230,000
Jjww LLC
R J Bernath INC
Grant Deed
$236,500 · Alpha Equipment Sales & Rental
—
—
R J Bernath INC
—
Loan Modification
related
—
—
—
R J Bernath INC
—
Deed Of Trust
related
—
—
—
R J Benath INC
—
Deed Of Trust
related
$175,000 · Compass Bank
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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