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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Medical Office Space
5105 Bowden Rd Jacksonville, FL 32216-5907
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-5009199
Property summary
AI-generated overview
This exceptional single-tenant office building, located at 5105 Bowden Road, offers 7,155 square feet of well-maintained professional space. Situated on a 1.16-acre lot (APN 1530580050), the property boasts ample parking, ideal for clients or patients. Recent improvements include new flooring and paint throughout the 1800 square foot interior, and the exterior is currently being repainted. Landscaping has also been recently completed, enhancing the property's curb appeal. The interior features multiple private offices, exam rooms (perfect for medical professionals), a conference room, a boardroom, and a shared kitchenette. This is a fantastic opportunity for a variety of professional businesses, including physicians, CPAs, or attorneys. The property is offered as a gross lease, with the landlord covering all utilities, including electricity, water, and sewer. This all-inclusive lease structure simplifies budgeting and management, making this a truly attractive investment. The building consists of one suite, providing a cohesive and private work environment.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1979
Construction
STEEL FRAME
Total area
7,155 SF
Lot
1.16 ac (50,519 SF)
Zoning code
CCG-2
APN
153058-0050
UPID
US18-5009199
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
-
Parthenon Medical Center Physician
-
Parthenon Medical PLLC Medical Clinic
-
Medical Group Jax Medical Clinic
-
Philip Carnevale Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$910k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$900k
Owner & transaction history
Renevatio Realty LLC · 4 yrs held
Renevatio Realty LLC
since 2021
Last sale
$835,000
2 recorded transactions
Zoning & alternative use
CCG-2 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.5M
+4.5%
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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville 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
$905,000
ML approach
$910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,415,000
Current use
OFFICE BUILDING
$1,480,000
Change: +4% · Conversion: Easy
RETAIL STORES
$1,295,000
Change: -9% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,180,000
Change: -17% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,150,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $835k (Nov 9 2021)
Last sale anchor
$835k
Nov 9 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
$126 / 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
$13,736
Tax year 2023
Assessed value
$742,600
Assessed 2023
Previous assessed
$679,300
+9.3% YoY
Effective rate
1.85%
On assessed value
Assessed land
$185,564
Assessed improvement
$557,036
Land market value
$185,564
Improvement market value
$557,036
Total market value
$742,600
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
1979
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
15
Rooms
15
Bathrooms
12
Total area
7,155 SF
Lot
1.16 ac (50,519 SF)
Zoning code
CCG-2
APN
153058-0050
UPID
US18-5009199
Jurisdiction
DUVAL
Zoning & alternative use
CCG-2 · Jacksonville, FL
Zoning CCG-2 · permitted uses
CCG-2 · Jacksonville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jacksonville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
MEDICAL BUILDING Current
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1979
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
15
Rooms
15
Bathrooms
12
Lot
1.16 ac
Current owner
From public records · entity-resolved
Renevatio Realty LLC
Entity
Mailing address
301 W PLATT ST #387, TAMPA, FL 33606-2292
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2021
$835,000
Renevatio Realty LLC
Hcs Realty LLC
Warranty Deed
$709,750 · South State Bank NA
Apr 7, 2011
—
Hcs Realty LLC
Scott,henry C
Quit Claim Deed
related
—
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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