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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4647 Town Ctr Pkwy Jacksonville, FL 32246-7400

    • Retail space
    • 6,112 SF
    • 0.94 lot acres
    OFF-MARKET
    Value Estimations
    $1,105,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US19-0023807
    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

    • Jared / Watch Repair Service / Jewelry Store

    Property Details for 4647 Town Ctr Pkwy

    Year built
    2005
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.94 lot acres
    Property size
    6,112 SF
    Zone code
    PUD
    Property type
    Retail space
    APN
    167727-7420
    APU
    1677277420

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,150,000
      6.5%
      $1,065,000
      7%
      $985,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,155,000
      Market price range: $193k - $1.16M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,105,000
      Current use
      COMMERCIAL (GENERAL)
      $1,540,000
      Change: +39% Conversion: Easy
      MEDICAL BUILDING
      $1,395,000
      Change: +26% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,305,000
      Change: +18% Conversion: Difficult
      OFFICE BUILDING
      $1,185,000
      Change: +7% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $1,010,000
      Change: -9% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $980,000
      Change: -11% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.5285
    Latitude
    30.2593
    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
    $62,845
    $961,166
    $2,522,034
    $3,483,200
    -
    $961,166
    $2,522,034
    $3,483,200

    Comparable in this City

    • Value Estimation
      $790,000
      6,996 SF

      10940 Bch Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,996 SF
      10940 Bch Blvd, Jacksonville, FL 32246-4808
      View Details
    • Value Estimation by Request
      13,440 SF

      10965 Bch Blvd

      RETAIL STORES (PERSONAL SERVICES) • 13,440 SF
      10965 Bch Blvd, Jacksonville, FL 32246-4807
      View Details
    • Value Estimation by Request
      20,225 SF

      11732 Bch Blvd

      RETAIL STORES (PERSONAL SERVICES) • 20,225 SF
      11732 Bch Blvd, Jacksonville, FL 32246-6608
      View Details
    • Value Estimation by Request
      910 SF

      10417 Bch Blvd

      RETAIL STORES (PERSONAL SERVICES) • 910 SF
      10417 Bch Blvd, Jacksonville, FL 32246-3679
      View Details
    • Value Estimation
      $3,315,000
      19,092 SF

      10207 Buckhead Br Dr

      RETAIL STORES (PERSONAL SERVICES) • 19,092 SF
      10207 Buckhead Br Dr, Jacksonville, FL 32246-7406
      View Details
    • Value Estimation by Request
      1,194 SF

      9822 Tapestry Park Cir Ste, Unit 103

      RETAIL STORES (PERSONAL SERVICES) • 1,194 SF
      9822 Tapestry Park Cir Ste, Jacksonville, FL 32246-9259
      View Details

    Similar Nearby for Sale

    • $6,550,964
      3,614 SF

      NNN Ground Lease JPM Chase

      NNN ground lease with 17.5 years remaining on initial term.
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      46,000 SF

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      46,000 SF multi-tenant flex/showroom building on 3.64 acres.
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    • $1,500,000
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      Retail Property Near Town Center

      Retail property in close proximity to prominent retail areas.
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    • Contact for pricing

      Restaurant Space in St. Johns

      1,500 SF restaurant space in high-density area.
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    • $2,050,000
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      High-yield, fully leased office buildings.
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    Similar Nearby for Lease

    • Contact for pricing
      14,000 SF

      Retail Space in Town Center

      Available retail space in a grocery-anchored mixed-use destination.
      4860-4874 Big Island Dr, Jacksonville, FL 32246
      View Details
    • $18 SF/Yr
      1,550 SF

      Retail Space in Peach Plaza

      Retail space available in Jacksonville's Peach Plaza shopping center.
      10095 Beach Blvd, Jacksonville, FL 32246
      View Details
    • Contact for pricing
      5,193 SF

      Retail Space in St. Johns

      Retail space with high visibility and ample parking available for lease.
      10769 Beach Blvd, Jacksonville, FL 32246
      View Details
    • Contact for pricing
      1,100 SF

      Neighborhood Retail Center Space Available

      Retail space in renovated neighborhood center with high visibility.
      12041 Beach Blvd, Jacksonville, FL 32246
      View Details
    • Contact for pricing
      16,400 SF

      4907 Big Island Dr

      Super regional malls • 16,400 SF
      4907 Big Island Dr, Jacksonville, FL 32246
      View Details
    • $18 SF/Yr
      2,000 SF

      Retail Space on Beach Blvd

      Retail space available for lease with 2,000 square feet.
      11000 Beach Blvd, Jacksonville, FL 32246
      View Details
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    4647 Town Ctr Pkwy
    Jacksonville, FL 32246-7400
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    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
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