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Property profile & analytics
OFF-MARKET Estimated value $1,260,000
Strip malls

3861 Baymeadows Rd Jacksonville, FL 32217-4634

10,800 SF 0.97 ac lot Built 1971
Entity Owned 22-yr Hold Free & Clear
Property ID
US18-4646810
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1971
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,800 SF
Lot 0.97 ac (42,458 SF)
Zoning code CCG-2
APN 152531-0000
UPID US18-4646810
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.54M
Blend (final) Blend
$1.26M
Owner & transaction history
Kennard Investments V Lc · 22 yrs held
Kennard Investments V Lc
since 2004
2 recorded transactions
2004
Price N/A
1969
Price N/A
Zoning & alternative use
CCG-2 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Commercial Community/General-2 (CCG-2) District. (a) Permitted uses and structures. (1) Commercial Retail Sales and Service Establishments (2) Retail sales of new or used automobiles, trucks and tractors, mobile homes, boats, pawnshops subject to Part 4, automotive vehicle parts (but not automobile wrecking yards, junkyards or scrap processing yards), heavy…

Zone name Commercial Community General 2
General category COMMERCIAL
Zone area 5,623.40 ac
Source Zoning Ordinance
Top alternative use upside
Retail stores $2.0M +12.8%
Apartment house (5+ units) $1.8M +2.8%
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