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Property profile & analytics
OFF-MARKET
Estimated value
$5,740,000
Drug stores
4297 Oldfield Xing Dr Jacksonville, FL 32223-7866
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-2706526
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,841 SF
Lot
1.75 ac (76,283 SF)
Zoning code
CCG-1
APN
158967-0250
UPID
US18-2706526
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Cardtronics ATM Atm
-
Pamela J. Linder, ARNP Physician
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.90M
Blend (final)
Blend
$5.74M
Owner & transaction history
1121 Jerusalam Partners LLC · 5 yrs held
1121 Jerusalam Partners LLC
since 2021
Last sale
$5.6M
4 recorded transactions
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.4M
+193.4%
Commercial (general)
$3.5M
+39.4%
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
$6,085,000
ML approach
$5,670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$7,350,000
Change: +193% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,490,000
Change: +39% · Conversion: Easy
Blend value · Realmo final
$5.74M
Range $5.17M – $6.31M · ±10% · vs last sale $5.60M (Feb 1 2021)
Last sale anchor
$5.60M
Feb 1 2021
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
$415 / 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
$58,668
Tax year 2023
Assessed value
$3,202,400
Assessed 2023
Previous assessed
$2,921,400
+9.6% YoY
Effective rate
1.83%
On assessed value
Assessed land
$1,105,560
Assessed improvement
$2,096,840
Land market value
$1,105,560
Improvement market value
$2,096,840
Total market value
$3,202,400
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
11
Rooms
11
Bathrooms
16
Total area
13,841 SF
Lot
1.75 ac (76,283 SF)
Zoning code
CCG-1
APN
158967-0250
UPID
US18-2706526
Jurisdiction
DUVAL
Zoning & alternative use
CCG-1 · Jacksonville, FL
Zoning CCG-1 · permitted uses
CCG-1 · 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
RESTAURANT
Est. value
$7.4M
COMMERCIAL (GENERAL)
Est. value
$3.5M
RESTAURANT
COMMERCIAL (GENERAL)
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
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
11
Rooms
11
Bathrooms
16
Lot
1.75 ac
Current owner
From public records · entity-resolved
1121 Jerusalam Partners LLC
Entity
Free & Clear · 5 yrs held
Mailing address
865 MERRICK AVE STE 50N, WESTBURY, NY 11590-6697
Ownership since
2021
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
Feb 1, 2021
$5,600,000
1121 Jerusalam Partners LLC
Cardinal Green Investment LLC
Special Warranty Deed
—
Oct 9, 2020
$4,015,000
Cardinal Green Investments LLC
Surfcomber Jacksonville Associates
Special Warranty Deed
$3,355,933 · The Northern Trust Co
Jan 6, 1998
$2,905,000
Surfcomber Jax Associates LLC
Fog Partners Six Ltd
Grant Deed
—
Jul 30, 1997
$562,500
Fog Partners Six Ltd
Dmb Trust
Trustees Deed
$2,325,000 · Barnett 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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