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Property profile & analytics
OFF-MARKET
Estimated value
$10,875,000
Warehouses
5481 Normandy Blvd Jacksonville, FL 32205-6244
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-3096370
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
90,065 SF
Lot
8.06 ac (351,237 SF)
Zoning code
CCG-2
APN
059602-0000
UPID
US18-3096370
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
-
Self-Storage at U-Haul Storage Facility
-
Trailer Hitches at U-Haul Auto Parts Store
-
U-Haul Moving & Storage at Normandy Blvd Storage Facility
-
Trailer Rental at U-Haul Car Rental Facility
-
Truck Sales at U-Haul Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.85M
Comparable Approach
Comparable
$10.76M
Blend (final)
Blend
$10.88M
Owner & transaction history
U-haul Co Of Florida 3 LLC · 11 yrs held
U-haul Co Of Florida 3 LLC
since 2014
3 recorded transactions
Zoning & alternative use
CCG-2 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$17.5M
+61.7%
Retail stores
$16.3M
+50.8%
Apartment house (5+ units)
$14.9M
+37.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$13,920,000
6.5%
$12,850,000
7%
$11,930,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$10,810,000
Current use
OFFICE BUILDING
$17,485,000
Change: +62% · Conversion: Difficult
RETAIL STORES
$16,305,000
Change: +51% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$14,865,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$10.88M
Range $9.79M – $11.96M · ±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
$121 / 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
Assessed value
$5,650,200
Assessed 2023
Previous assessed
$4,749,700
+19.0% YoY
Assessed land
$2,032,140
Assessed improvement
$3,618,060
Land market value
$2,032,140
Improvement market value
$3,618,060
Total market value
$5,650,200
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Units
1
Rooms
5
Bathrooms
17
Total area
90,065 SF
Lot
8.06 ac (351,237 SF)
Zoning code
CCG-2
APN
059602-0000
UPID
US18-3096370
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
WAREHOUSE, STORAGE Current
Est. value
$10.8M
OFFICE BUILDING
Est. value
$17.5M
RETAIL STORES
Est. value
$16.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.9M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Units
1
Rooms
5
Bathrooms
17
Lot
8.06 ac
Current owner
From public records · entity-resolved
U-haul Co Of Florida 3 LLC
Entity
Mailing address
PO BOX 29046, PHOENIX, AZ 85038-9046
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
Sep 22, 2014
—
U-haul Co Of Florida 3 LLC
Arec 3 LLC
Grant Deed
$30,000,000 · German American Cap
Aug 4, 2005
$3,140,000
Arec 3 LLC
U Haul Co Of Florida
Special Warranty Deed
$165,012,000 · Merrill Lynch Mortgage Lending INC
—
—
U-haul Co Of Florida
—
Deed Of Trust
related
$884,870 · Wells Fargo Foothill INC
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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