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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Medical Office Space
5425 Verna Blvd Jacksonville, FL 32205-4762
Individually Owned
~
Est. High Equity
Property ID
US18-3270282
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1991
Construction
WOOD
Total area
2,175 SF
Lot
0.5 ac (21,993 SF)
Zoning code
CCG-2
APN
059996-0000
UPID
US18-3270282
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
-
Jacksonville Community Pet Clinic, West Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$704k
Blend (final)
Blend
$505k
Owner & transaction history
Mary Elizabeth Rerisi
Mary Elizabeth Rerisi
since 2026
Last sale
$500,000
5 recorded transactions
Zoning & alternative use
CCG-2 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$550,000
+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 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
$520,000
ML approach
$475,000
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$505,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$495,000
Current use
COMMERCIAL (GENERAL)
$550,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$465,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$420,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $500k (Apr 10 2023)
Last sale anchor
$500k
Apr 10 2023
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
$232 / 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
$6,796
Tax year 2023
Assessed value
$444,900
Assessed 2023
Previous assessed
$301,400
+47.6% YoY
Effective rate
1.53%
On assessed value
Assessed land
$75,900
Assessed improvement
$369,000
Land market value
$75,900
Improvement market value
$369,000
Total market value
$444,900
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
1991
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
9
Rooms
9
Bathrooms
15
Total area
2,175 SF
Lot
0.5 ac (21,993 SF)
Zoning code
CCG-2
APN
059996-0000
UPID
US18-3270282
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
$495,000
COMMERCIAL (GENERAL)
Est. value
$550,000
AUTO REPAIR, GARAGE
Est. value
$465,000
OFFICE BUILDING
Est. value
$420,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1991
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
9
Rooms
9
Bathrooms
15
Lot
0.5 ac
Current owner
From public records · entity-resolved
Mary Elizabeth Rerisi
Individual
Mailing address
201 S OCEAN GRANDE DR UNIT #102, PONTE VEDRA, FL 32082-6514
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2026
—
Mary Elizabeth Rerisi
James R Rerisi
Deed
related
—
Apr 10, 2023
$500,000
James R Rerisi
Lf Commercial Holdings LLC
Warranty Deed
—
Jun 24, 2019
$380,000
Lf Commercial Holdings LLC
5425 Verna Blvd LLC
Grant Deed
related
—
May 22, 2013
$180,000
5425 Verna Blvd LLC
Morrison,wendell S
Warranty Deed
—
—
—
Wendell S Morrison
—
Deed Of Trust
related
$100,000 · Wachovia Bank NA
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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