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Property profile & analytics
OFF-MARKET
Estimated value
$2,215,000
Drug stores
5407 Blanding Blvd Jacksonville, FL 32244-1944
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-9951041
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,145 SF
Lot
1.86 ac (81,111 SF)
Zoning code
CCG-2
APN
097800-0010
UPID
US18-9951041
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
-
CVS Photo (Bike/Boat/Book/etc) Store
-
CDReload - Online Bitcoin ATM Crypto Atm Atm
-
LibertyX Bitcoin ATM Atm
-
Primo Water Refill Big Box & Wholesale Store
-
CVS Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.30M
Comparable Approach
Comparable
$2.11M
Blend (final)
Blend
$2.22M
Owner & transaction history
State Of Fl Dept & Transportation · 9 yrs held
State Of Fl Dept & Transportation
since 2017
7 recorded transactions
Zoning & alternative use
CCG-2 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.3M
+39.4%
Office building
$3.1M
+30.2%
Medical building
$3.0M
+26.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,485,000
6.5%
$2,295,000
7%
$2,130,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,380,000
Current use
COMMERCIAL (GENERAL)
$3,315,000
Change: +39% · Conversion: Easy
OFFICE BUILDING
$3,095,000
Change: +30% · Conversion: Easy
MEDICAL BUILDING
$3,005,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,805,000
Change: +18% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,170,000
Change: -9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,110,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$2.22M
Range $1.99M – $2.44M · ±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
$169 / 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
$54,031
Tax year 2023
Assessed value
$2,948,000
Assessed 2023
Previous assessed
$2,663,600
+10.7% YoY
Effective rate
1.83%
On assessed value
Assessed land
$1,070,623
Assessed improvement
$1,877,377
Land market value
$1,070,623
Improvement market value
$1,877,377
Total market value
$2,948,000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
1
Bathrooms
9
Total area
13,145 SF
Lot
1.86 ac (81,111 SF)
Zoning code
CCG-2
APN
097800-0010
UPID
US18-9951041
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
RETAIL STORES Current
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
9
Lot
1.86 ac
Current owner
From public records · entity-resolved
State Of Fl Dept & Transportation
Entity
Mailing address
1 CVS DR, WOONSOCKET, RI 02895-6146
Ownership since
2017
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
Apr 21, 2017
—
State Of Fl Dept & Transportation
Cvs 727 Fl LLC
Grant Deed
—
Jun 18, 2008
$200,000
Cvs 727 Fl LLC
Mann 1996 Living Trust
Warranty Deed
—
Jun 18, 2008
$1,000,000
Cvs 727 Fl LLC
Whisper Capital LLC
Grant Deed
—
Jun 18, 2008
$12,400
Cvs 727 Fl LLC
State Of Fl Dot
Quit Claim Deed
related
—
Jun 18, 2008
$1,200,000
Cvs 727 LLC
Atallah,marwan
Warranty Deed
—
Aug 7, 2002
$500,000
Marwan Atallah
H R Lewis Petroleum Co
Grant Deed
—
Aug 7, 2002
—
Marwan Atallah
H R Lewis Petroleum Co
Quit Claim Deed
related
$250,000 · Interbay Funding LLC
Apr 23, 1998
—
H R Lewis Petroleum Co
—
Deed Of Trust
related
$4,050,000 · Convenience Store Finance Co
Apr 16, 1997
$100,000
H R Lewis Petrolium Co
Mann,anna L
Grant Deed
—
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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