Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    408 Bch Blvd Jacksonville Beach, FL 32250-5481
    Back to Search
    Property profile & analytics

    408 Bch Blvd, Jacksonville Beach, FL 32250-5481

    View on Map
    • Grocery and convenience stores
    • 32,054 SF
    • 2.67 lot acres
    Off-Market
    Property ID
    US18-6265473
    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.
    Value Estimations
    $3,400,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 408 Bch Blvd

    Year built
    2008
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.67 lot acres
    Zone code
    JPUD
    Property type
    Grocery and convenience stores
    APN
    175448-0005
    APU
    1754480005

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 31, 2015 $9,500,000 Publix Super Markets INC Thalata INC Grant Deed —
    Dec 20, 2007 — Thalata INC Kau INC Grant Deed · related —
    Apr 27, 2006 — Thalata INC — Trustees Deed · related $1M · Bisbee Baldwin Corp
    — — Thalata INC — Deed Of Trust · related $2.9M · Reliastar Life Insurance Co
    — — Thalata INC — Deed Of Trust · related $3.7M · Reliastar Life Insurance Co
    — — Thalata INC — Deed Of Trust · related $750k · R-g Crown Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,484,000
      Market price range: $1.17M - $5.38M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $5,290,000
      NEIGHBORHOOD: SHOPPING CENTER
      $5,145,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville Beach
    County
    Duval
    State
    Florida
    Longitude
    -81.3934
    Latitude
    30.2876
    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
    $105,075
    $3,112,350
    $2,741,250
    $5,853,600
    -
    $3,112,350
    $2,741,250
    $5,853,600

    Comparable in this City

    • Value Estimation
      $510,000
      3,280 SF

      1628 3rd N St

      CONVENIENCE STORE
      1628 3rd N St, Jacksonville Beach, FL 32250-7466
      View Details
    • Value Estimation
      $1,730,000
      6,915 SF

      2520 3rd S St, Unit 1

      CONVENIENCE STORE
      2520 3rd S St, Jacksonville Beach, FL 32250-6024
      View Details
    • Value Estimation
      $2,075,000
      4,620 SF

      1403 3rd N St

      CONVENIENCE STORE
      1403 3rd N St, Jacksonville Beach, FL 32250-7349
      View Details
    • Value Estimation
      $720,000
      4,611 SF

      2517 3rd S St

      CONVENIENCE STORE
      2517 3rd S St, Jacksonville Beach, FL 32250-6023
      View Details
    • Value Estimation
      $800,000
      2,640 SF

      1601 Penman Rd

      CONVENIENCE STORE
      1601 Penman Rd, Jacksonville Beach, FL 32250-3745
      View Details
    • Value Estimation by Request
      2,450 SF

      14294 Bch Blvd

      CONVENIENCE STORE
      14294 Bch Blvd, Jacksonville, FL 32250-1546
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,193 SF

      Jacksonville Beach Retail Building

      Retail building in the heart of Jacksonville Beach.
      240 3Rd St S, Jacksonville Beach, FL 32250
      View Details
    • Contact for pricing
      Pending

      Thriving Salon Space in Jacksonville

      Turnkey hair salon with rental income potential in Jacksonville Beach.
      1401 Penman Rd, Jacksonville Beach, FL 32250
      View Details
    • Contact for pricing
      1,688 SF

      Commercial Property in Jacksonville Beach

      Commercial property in a high-traffic area of Jacksonville Beach.
      815 3Rd St N, Jacksonville Beach, FL 32250
      View Details
    • Contact for pricing

      Jacksonville Beach Commercial Property

      Commercial property in Jacksonville Beach with high traffic location.
      815 3Rd St N, Jacksonville Beach, FL 32250
      View Details
    • Contact for pricing

      Commercial Property Near Jacksonville Beach

      Commercial property in Jacksonville Beach, four blocks from the ocean.
      122 4Th St N, Jacksonville Beach, FL 32250
      View Details
    • New
      $1,700,000
      Pending

      Jacksonville Beach Retail Center Opportunity

      Rare retail center in vibrant Jacksonville Beach with income potential.
      1131 3Rd St N, Jacksonville Beach, FL 32250
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,500 SF

      Beach Boulevard Retail Space Available

      Retail space on Beach Boulevard with high visibility and ample parking.
      1059 Beach Blvd, Jacksonville Beach, FL 32250
      View Details
    • Contact for pricing
      811 SF

      Retail Space in Beach Community

      Retail space with high traffic in Jacksonville Beach, Florida.
      204-216 3Rd Ave S, Jacksonville Beach, FL 32250
      View Details
    • Contact for pricing
      9,604 SF

      Retail Space in High-Traffic Plaza

      Retail and medical spaces available in a vibrant, anchored shopping center.
      14444 Beach Blvd, Jacksonville Beach, FL 32250
      View Details
    • Contact for pricing
      13,188 SF

      Retail Space on Beach Blvd

      Retail space available on high-traffic Beach Blvd near A1A.
      1202-1320 Beach Blvd, Jacksonville Beach, FL 32250
      View Details
    • Contact for pricing
      2,089 SF

      Jacksonville Beach Retail Space

      Retail space for rent in the heart of Jacksonville.
      700-798 3Rd St S, Jacksonville Beach, FL 32250
      View Details
    • Contact for pricing

      Downtown Jacksonville Beach Retail Unit

      Class A retail unit in the heart of Jacksonville Beach.
      102 6Th Ave N, Jacksonville Beach, FL 32250
      View Details

    Property Visit Statistics

    • Visits by month
      63.0k
    • Visitors by month
      32.5k
    • Avg Time on site
      18 min
    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.
    408 Bch Blvd
    Jacksonville Beach, FL 32250-5481
    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

    Thank You for Inquiry
    408 Bch Blvd, Jacksonville Beach, FL, 32250
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!