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Financial
Distress signals
Property profile

45 Bay St 2 Jacksonville, FL 32202

OFF-MARKET
Office buildings
Property ID
US19-0675437
13,083 SF 0.12 ac lot Built 1909
Last sale Dec 2013 · $376,100
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional commercial property, located at 45 West Bay Street in the heart of Downtown Jacksonville, Florida (zip code 32202), offers two available executive office suites. The suites range in size from 2,320 to 3,260 square feet, providing ample space for a variety of business needs. The property is zoned for Commercial Central Business District (CCBD) use within Duval County, ensuring flexibility for diverse commercial operations. The building features a multi-tenant occupancy…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value$922k
Assessed land$157k
Assessed improvement$765k
Effective rate1.85%

Value estimate

· Oct 2026
$1.48M
$1.33M – $1.63M
Submarket $/SF estimate$1.42M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$127/SF
ZIP average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$85 – $191

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CCBD
CCG, CCBD and CR zoning districts- (i) One street frontage sign per lot not exceeding one square foot for each linear foot of street fron...
General categoryCOMMERCIAL
JurisdictionDUVAL

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.1
Laundry Service8.8
Watch Repair Shop8.7

Location

45 Bay St, Unit 2 Jacksonville, FL 32202-3600
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24 Market, Jacksonville, FL 32202-2852 $1,600,000 May 2025 18,072 SF
5 Forsyth, Jacksonville, FL 32202-3674 $5,000,000 May 2025 19,196 SF
317 Forsyth, Jacksonville, FL 32202-4307 $1,000,000 Dec 2023 8,874 SF
328 Ocean, Jacksonville, FL 32202-3220 $2,290,000 Jul 2023 23,556 SF
501 Bay, Jacksonville, FL 32202-4428 $2,000,000 May 2022 21,815 SF
502 Hogan, Jacksonville, FL 32202-4106 $675,000 Apr 2022 18,789 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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