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Property profile & analytics
FOR LEASE
Warehouses
4627 J P Hall Blvd, Green Cove Springs, FL 32043
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4360024
For Lease
1 / 7
$36,590,000
4627 J P Hall Blvd, Green Cove Springs, FL 32043
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Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Construction
STEEL FRAME
Total area
207,978 SF
Lot
137.13 ac (5,973,383 SF)
APN
38-06-26-016518-001-00
UPID
US18-4360024
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
-
Calavo Growers, Inc. Big Box & Wholesale Store Food Market
-
Innovative Construction Group Production Facility
-
U.S. LUMBER - Jacksonville Distribution Center Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$27.45M
Comparable Approach
Comparable
$36.56M
Blend (final)
Blend
$36.59M
Owner & transaction history
Stewart W Mills · 5 yrs held
Stewart W Mills
since 2021
Last sale
$40.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$54.6M
+129.3%
Medical building
$53.3M
+123.9%
Commercial (general)
$46.5M
+95.4%
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 Green Cove Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Green Cove Springs 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
$36,560,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$29,735,000
6.5%
$27,450,000
7%
$25,490,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$23,790,000
Current use
OFFICE BUILDING
$54,555,000
Change: +129% · Conversion: Difficult
MEDICAL BUILDING
$53,270,000
Change: +124% · Conversion: Difficult
COMMERCIAL (GENERAL)
$46,485,000
Change: +95% · Conversion: Difficult
AUTO REPAIR, GARAGE
$39,160,000
Change: +65% · Conversion: Easy
RETAIL STORES
$31,575,000
Change: +33% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$30,655,000
Change: +29% · Conversion: Moderate
Blend value · Realmo final
$36.59M
Range $32.93M – $40.25M · ±10% · vs last sale $40.63M (Mar 22 2021)
Last sale anchor
$40.63M
Mar 22 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
$176 / 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
$571,263
Tax year 2023
Assessed value
$37,669,910
Assessed 2023
Previous assessed
$37,669,910
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$7,816,410
Assessed improvement
$29,853,500
Land market value
$7,816,410
Improvement market value
$29,853,500
Total market value
$37,669,910
Applied tax rate
1.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
OTHER
Buildings
6
Stories
1
Rooms
18
Total area
207,978 SF
Lot
137.13 ac (5,973,383 SF)
APN
38-06-26-016518-001-00
UPID
US18-4360024
Jurisdiction
CLAY
Zoning & alternative use
Zoning · permitted uses
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
WAREHOUSE, STORAGE Current
Est. value
$23.8M
OFFICE BUILDING
Est. value
$54.6M
MEDICAL BUILDING
Est. value
$53.3M
COMMERCIAL (GENERAL)
Est. value
$46.5M
AUTO REPAIR, GARAGE
Est. value
$39.2M
RETAIL STORES
Est. value
$31.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$30.7M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
6
Rooms
18
Lot
137.13 ac
Current owner
From public records · entity-resolved
Stewart W Mills
Individual
Free & Clear · 5 yrs held
Mailing address
1111 BRICKELL AVE STE #2375, MIAMI, FL 33131-3148
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2021
$82,100
Stewart W Mills
Green Cove LLC
Special Warranty Deed
—
Mar 22, 2021
$24,700
Bradley P Gdowski
Green Cove LLC
Special Warranty Deed
—
Mar 22, 2021
$3,077,100
Nefic Holdings LLC
Green Cove LLC
Special Warranty Deed
—
Mar 22, 2021
$1,459,000
Merel Ventures Limited Partnership
Green Cove LLC
Special Warranty Deed
—
Mar 22, 2021
$1,800,700
Timothy Luby
Green Cove LLC
Special Warranty Deed
—
Mar 22, 2021
$4,596,100
Stewart W Mills
Green Cove LLC
Special Warranty Deed
—
Mar 22, 2021
$40,625,000
Green Cove Springs Distribution Ctr
Stewart W Mills
Special Warranty Deed
$94,675 · Cit Bank NA
Jul 28, 2004
—
Green Cove LLC
Owner Name Unavailable
Warranty Deed
related
—
—
—
Green Cove LLC
—
Loan Modification
related
$13,263,393 · Wells Fargo Bk
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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