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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Day care centers
419 5th N Ave Jacksonville Beach, FL 32250-5613
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-5388284
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,662 SF
Lot
0.29 ac (12,500 SF)
Zoning code
JRM-1
APN
174203-0000
UPID
US18-5388284
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
$755k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$692k
Blend (final)
Blend
$770k
Owner & transaction history
Salt Air Homes INC · 4 yrs held
Salt Air Homes INC
since 2022
Last sale
$850,000
4 recorded transactions
Zoning & alternative use
JRM-1 · Jacksonville Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$970,000
+87.3%
Commercial (general)
$925,000
+78.8%
Medical building
$835,000
+61.9%
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 Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville Beach 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
$690,000
ML approach
$755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$515,000
Current use
OFFICE BUILDING
$970,000
Change: +87% · Conversion: Difficult
COMMERCIAL (GENERAL)
$925,000
Change: +79% · Conversion: Difficult
MEDICAL BUILDING
$835,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$780,000
Change: +51% · Conversion: Difficult
RETAIL STORES
$665,000
Change: +28% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$590,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$770k
Range $693k – $847k · ±10% · vs last sale $850k (Jun 1 2022)
Last sale anchor
$850k
Jun 1 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
$210 / 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
$12,994
Tax year 2023
Assessed value
$696,379
Assessed 2023
Previous assessed
$683,272
+1.9% YoY
Effective rate
1.87%
On assessed value
Assessed land
$504,400
Assessed improvement
$191,979
Land market value
$504,400
Improvement market value
$191,979
Total market value
$696,379
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
8
Rooms
8
Bathrooms
12
Total area
3,662 SF
Lot
0.29 ac (12,500 SF)
Zoning code
JRM-1
APN
174203-0000
UPID
US18-5388284
Jurisdiction
DUVAL
Zoning & alternative use
JRM-1 · Jacksonville Beach, FLZoning JRM-1 · permitted uses
JRM-1 · Jacksonville Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$515,000
OFFICE BUILDING
Est. value
$970,000
COMMERCIAL (GENERAL)
Est. value
$925,000
MEDICAL BUILDING
Est. value
$835,000
AUTO REPAIR, GARAGE
Est. value
$780,000
RETAIL STORES
Est. value
$665,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$590,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
8
Rooms
8
Bathrooms
12
Lot
0.29 ac
Current owner
From public records · entity-resolved
Salt Air Homes INC
Entity
Free & Clear · 4 yrs held
Mailing address
226 TALLWOOD RD, JACKSONVILLE BEACH, FL 32250-2984
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2022
$850,000
Salt Air Homes INC
419 5th Ave N INC
Special Warranty Deed
—
May 16, 2017
$500,000
419-5th Ave N INC
Perschel,linda K
Grant Deed
$400,000 · Linda K Perschel
Nov 15, 2000
$341,400
Mark K Perschel
Perschel & Wagner Investments
Quit Claim Deed
related
—
Jun 5, 1997
$175,000
Perschel Investments
Bivins,juanita E
Grant Deed
$140,130 · Seller
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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