Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4403 Roosevelt Blvd Jacksonville, FL 32210

    • Strip malls
    • 18,057 SF
    • 1.94 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5333915
    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.

    Current Use by Public Records

    • Okinawa Japanese Grillhouse & Sushi Bar / Japanese Restaurant / Asian Restaurant
    • Okinawa Japanese Restaurant / Japanese Restaurant
    • Panera Bread / Cafe / Delivery Service
    • Moe's Southwest Grill / Caterer / Mexican Restaurant
    • Roosevelt Square Associates / Shopping Mall / Grocery Store

    Property Details for 4403 Roosevelt Blvd

    Year built
    2003
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.94 lot acres
    Property size
    18,057 SF
    Zone code
    CCG-1
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    093937-0000
    APU
    939370000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,510,000
      Market price range: $608k - $1.51M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $2,210,000
      Current use
      OFFICE BUILDING
      $3,345,000
      Change: +51% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $2,980,000
      Change: +35% Conversion: Difficult
      RETAIL STORES
      $2,505,000
      Change: +13% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.7189
    Latitude
    30.2811
    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
    $0.00
    $1,267,590
    $8,372,110
    $9,639,700
    -
    $1,267,590
    $8,372,110
    $9,639,700

    Comparable in this City

    • Value Estimation
      $705,000
      5,440 SF

      5560 Timuquana Rd, Unit 5

      SHOPPING CENTER, STRIP CENTER • 5,440 SF
      5560 Timuquana Rd, Jacksonville, FL 32210-8053
      View Details
    • Value Estimation
      $880,000
      9,400 SF

      10731 103rd St

      SHOPPING CENTER, STRIP CENTER • 9,400 SF
      10731 103rd St, Jacksonville, FL 32210-8642
      View Details
    • Value Estimation
      $2,920,000
      28,140 SF

      6677 103rd St

      SHOPPING CENTER, STRIP CENTER • 28,140 SF
      6677 103rd St, Jacksonville, FL 32210-7100
      View Details
    • Value Estimation
      $550,000
      6,000 SF

      1842 Blanding Blvd

      SHOPPING CENTER, STRIP CENTER • 6,000 SF
      1842 Blanding Blvd, Jacksonville, FL 32210-1939
      View Details
    • Value Estimation
      $1,340,000
      10,920 SF

      4555 Saint Johns Ave

      SHOPPING CENTER, STRIP CENTER • 10,920 SF
      4555 Saint Johns Ave, Jacksonville, FL 32210-1858
      View Details
    • Value Estimation by Request
      4,000 SF

      5240 Timuquana Rd

      SHOPPING CENTER, STRIP CENTER • 4,000 SF
      5240 Timuquana Rd, Jacksonville, FL 32210-8958
      View Details

    Similar Nearby for Sale

    • $825,000
      7,560 SF

      Jacksonville Retail Plaza For Sale

      Fully occupied retail plaza near desirable Jacksonville locations.
      5670 Timuquana Rd, Jacksonville, FL 32210
      View Details
    • $2,995,000
      23,810 SF

      Jacksonville Retail Asset For Sale

      Multi-tenanted retail asset in close proximity to desirable Jacksonville locations.
      5640 Timuquana Rd, Jacksonville, FL 32210
      View Details
    • $2,500,000
      1.03 Acres

      Prime Jacksonville Retail Investment

      1.03-Acre Multi-Use Retail Property
      1985 Blanding Blvd, Jacksonville, FL 32210
      View Details
    • $2,995,000
      23,810 SF

      Timuquana Retail Center

      Jacksonville Retail Investment Opportunity
      5640 Timuquana Rd, Jacksonville, FL 32210
      View Details
    • $285,000

      Prime Jacksonville Retail Property

      Blanding Blvd Retail Land, $285K
      4804 Blanding Blvd, Jacksonville, FL 32210
      View Details
    • $11,899,000
      15,143 SF

      Jacksonville CVS Investment Opportunity

      High-Yield CVS Storefront in Prime Location
      4475 San Juan Ave, Jacksonville, FL 32210
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      675 SF

      Retail Space in Jacksonville Center

      Prime retail space available in a high-traffic Jacksonville shopping center.
      7945 103Rd St, Jacksonville, FL 32210
      View Details
    • Contact for pricing
      2,862 SF

      Retail Space on Blanding Blvd

      Retail space available in a high-traffic Jacksonville location.
      3602-3776 Blanding Blvd, Jacksonville, FL 32210
      View Details
    • Contact for pricing
      1,300 SF

      Retail Space in Jacksonville Center

      Dominant shopping center with great visibility and access in Jacksonville.
      6230-6366 103Rd St, Jacksonville, FL 32210
      View Details
    • Contact for pricing
      1,200 SF

      Jacksonville Retail Space For Rent

      Retail space available in Jacksonville Family Center shopping center.
      6733 103Rd St, Jacksonville, FL 32210
      View Details
    • $15 SF/Yr
      6,359 SF

      Renovated Retail Space on Timuquana

      Retail, office, or service space available after 2024 renovation.
      5150 Timuquana Rd, Jacksonville, FL 32210
      View Details
    • Contact for pricing
      76,400 SF

      Hillman Square Shopping Center

      Jacksonville Retail Center: High Traffic, 3 Spaces Available
      7900 103Rd St, Jacksonville, FL 32210
      View Details

    Property Visit Statistics

    • Visits by month
      3.1k
    • Visitors by month
      2.3k
    • Avg Time on site
      25 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.
    4403 Roosevelt Blvd
    Jacksonville, FL 32210
    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

    Google sign-in failed. Please try again or use another login method.