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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Medical Office Space
465 3rd N St Jacksonville Beach, FL 32250-7028
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-5148443
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,159 SF
Lot
0.41 ac (17,759 SF)
Zoning code
JCBD
APN
174077-0000
UPID
US18-5148443
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$785k
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$815k
Owner & transaction history
Jammes Road LLC · 12 yrs held
Jammes Road LLC
since 2014
3 recorded transactions
Zoning & alternative use
JCBD · Jacksonville Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$835,000
+15.7%
Commercial (general)
$795,000
+10.4%
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 Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville Beach 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$855,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$720,000
Current use
OFFICE BUILDING
$835,000
Change: +16% · Conversion: Easy
COMMERCIAL (GENERAL)
$795,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$675,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$815k
Range $734k – $897k · ±10%
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
$258 / 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
$19,682
Tax year 2023
Assessed value
$1,118,800
Assessed 2023
Previous assessed
$1,031,417
+8.5% YoY
Effective rate
1.76%
On assessed value
Assessed land
$1,031,250
Assessed improvement
$87,550
Land market value
$1,031,250
Improvement market value
$87,550
Total market value
$1,118,800
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
10
Rooms
10
Bathrooms
9
Total area
3,159 SF
Lot
0.41 ac (17,759 SF)
Zoning code
JCBD
APN
174077-0000
UPID
US18-5148443
Jurisdiction
DUVAL
Zoning & alternative use
JCBD · Jacksonville Beach, FL
Zoning JCBD · permitted uses
JCBD · Jacksonville Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jacksonville Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$720,000
OFFICE BUILDING
Est. value
$835,000
COMMERCIAL (GENERAL)
Est. value
$795,000
AUTO REPAIR, GARAGE
Est. value
$675,000
MEDICAL BUILDING Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
10
Rooms
10
Bathrooms
9
Lot
0.41 ac
Current owner
From public records · entity-resolved
Jammes Road LLC
Entity
Mailing address
8650 OLD KINGS RD S STE #12, JACKSONVILLE, FL 32217-4865
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2014
$935,000
Jammes Road LLC
Solomon D G Living Trust
Grant Deed
$460,000 · Solomon D G Living Trust
Mar 31, 2008
—
Solomon Douglas G Living Trust
Solomon,douglas G & Clarinda A
Quit Claim Deed
related
—
—
—
Richard Langford
—
Deed Of Trust
related
$30,650 · Compass 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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