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Property profile & analytics
OFF-MARKET Estimated value $2,600,000
Strip malls

5111 Baymeadows Rd Jacksonville, FL 32217-4803

20,646 SF 2.6 ac lot Built 1984
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US19-0677488
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 20,646 SF
Lot 2.6 ac (113,292 SF)
Zoning code CCG-1
APN 148109-0020
UPID US19-0677488
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
  • Best Price Drycleaning 2 (Bike/Boat/Book/etc) Store
  • New Star Massage Alternative Medicine Practice Spa & Massage Center
  • Pupuseria El Paraiso Restaurant
  • Baymeadows Maytag Laundry (Bike/Boat/Book/etc) Store
  • Latinos Taste Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.64M
Blend (final) Blend
$2.60M
Owner & transaction history
Gsk 5111 Baymeadows Rd LLC · 8 yrs held
Gsk 5111 Baymeadows Rd LLC
since 2017
3 recorded transactions
2023
Price N/A
2017
$3.1M
2007
$3.8M
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(CCG-1), Commercial Community/General-2 (CCG-2), and Planned Unit Development (PUD) having commercial uses. (c) Building Form and Finish Materials. The following general provisions shall apply to all Development in the Mayport Road Zoning Overlay. (1) Roofs, which give the appearance of a flat roof from any street side of the building, are prohibited. Roofs…

Zone name Commercial Community General 1
General category COMMERCIAL
Zone area 6,934.94 ac
Source Zoning Ordinance
Top alternative use upside
Retail stores $3.7M +12.8%
Apartment house (5+ units) $3.4M +2.8%
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