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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Strip malls
4029 Blanding Blvd Jacksonville, FL 32210-5416
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-4579350
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,121 SF
Lot
3.41 ac (148,630 SF)
Zoning code
CRO
APN
102999-0000
UPID
US18-4579350
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
-
Don Harris Plumbing Co Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
$870k
Blend (final)
Blend
$1.00M
Owner & transaction history
Donald Harris Nelson · 2 yrs held
Donald Harris Nelson
since 2024
Last sale
$1.0M
3 recorded transactions
Zoning & alternative use
CRO · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+86.7%
Auto repair, garage
$1.1M
+74.2%
Office building
$950,000
+51.3%
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
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
$1,120,000
6.5%
$1,030,000
7%
$960,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$625,000
Current use
MEDICAL BUILDING
$1,170,000
Change: +87% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,090,000
Change: +74% · Conversion: Difficult
OFFICE BUILDING
$950,000
Change: +51% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$845,000
Change: +35% · Conversion: Difficult
RETAIL STORES
$710,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.00M (May 16 2024)
Last sale anchor
$1.00M
May 16 2024
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
$195 / 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
$19,121
Tax year 2023
Assessed value
$1,045,000
Assessed 2023
Previous assessed
$1,045,000
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$414,857
Assessed improvement
$630,143
Land market value
$414,857
Improvement market value
$630,143
Total market value
$1,045,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Units
3
Rooms
6
Bathrooms
20
Total area
5,121 SF
Lot
3.41 ac (148,630 SF)
Zoning code
CRO
APN
102999-0000
UPID
US18-4579350
Jurisdiction
DUVAL
Zoning & alternative use
CRO · Jacksonville, FL
Zoning CRO · permitted uses
CRO · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$625,000
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$950,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$845,000
RETAIL STORES
Est. value
$710,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
3
Rooms
6
Bathrooms
20
Lot
3.41 ac
Current owner
From public records · entity-resolved
Donald Harris Nelson
Individual
Free & Clear · 2 yrs held
Mailing address
9323 ALMA ST, JACKSONVILLE, FL 32220-1925
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2024
—
Donald Harris Nelson
Glen F Nazwort
Warranty Deed
—
May 16, 2024
$1,000,000
Mandgwollitz LLC
Donald Harris Nelson
Warranty Deed
$880,246 · Ameris Bank
Aug 15, 2018
—
Harris,nelson Donald Liv Trust
Harris,nelson D
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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