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Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Warehouses
5509 Shad Rd A1-39, Jacksonville, FL 32257-1012
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-9059958
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2002
Construction
STEEL FRAME
Total area
10,650 SF
Lot
2.08 ac (90,413 SF)
Zoning code
IL
APN
159644-0000
UPID
US18-9059958
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
-
iStorage Storage Facility
-
Restoration Pros General Contractor
-
Jax Recycling and Junk Removal Waste Management Facility
-
Jacksonville Powder Coating & Hydrographics Powder Coating Service
-
Loretto Self Storage Unit Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.52M
Comparable Approach
Comparable
$2.09M
Blend (final)
Blend
$1.52M
Owner & transaction history
Istorage Po LLC · 9 yrs held
Istorage Po LLC
since 2016
7 recorded transactions
Zoning & alternative use
IL · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.4M
+90.3%
Auto repair, garage
$2.3M
+77.6%
Retail stores
$1.9M
+50.8%
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%
$1,645,000
6.5%
$1,520,000
7%
$1,410,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,280,000
Current use
MEDICAL BUILDING
$2,435,000
Change: +90% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,270,000
Change: +78% · Conversion: Easy
RETAIL STORES
$1,930,000
Change: +51% · Conversion: Moderate
OFFICE BUILDING
$1,885,000
Change: +48% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,760,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±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
$142 / 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
$3,466,000
Assessed 2023
Previous assessed
$3,039,600
+14.0% YoY
Assessed land
$450,875
Assessed improvement
$3,015,125
Land market value
$450,875
Improvement market value
$3,015,125
Total market value
$3,466,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
39
Rooms
209
Bathrooms
11
Total area
10,650 SF
Lot
2.08 ac (90,413 SF)
Zoning code
IL
APN
159644-0000
UPID
US18-9059958
Jurisdiction
DUVAL
Zoning & alternative use
IL · Jacksonville, FL
Zoning IL · permitted uses
IL · 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
$1.3M
MEDICAL BUILDING
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.3M
RETAIL STORES
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
2002
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
39
Rooms
209
Bathrooms
11
Lot
2.08 ac
Current owner
From public records · entity-resolved
Istorage Po LLC
Entity
Mailing address
8400 E PRENTICE AVE, GREENWOOD VILLAGE, CO 80111-2912
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2016
—
Istorage Po LLC
Sq Equity LP
Trustees Deed
$159,999,900 · Miscellaneous Ins Co
Dec 11, 2007
$1,825,000
Hanover Holdings Ltd
Loretto Properties INC
Warranty Deed
related
$1,563,800 · Plains Capital Bank
Feb 16, 2007
—
Loretto Properties INC
—
Trustees Deed
related
$15,000 · Monticello Bank
May 24, 2001
$190,000
Loretto Properties INC
Medley,william C & Marie L
Grant Deed
$750,000 · Fidelity Bank Florida
Nov 4, 1996
$190,000
William C Medley
Keitt,roland & Rosalind B
Grant Deed
$143,913 · First Union Nat'l Bank Florida
—
—
Hanover Holdings Ltd
—
Deed Of Trust
related
$10,533 · Plains Capital Bank
—
—
Hanover Holdings Ltd
—
Deed Of Trust
related
$1,295,000 · Mutual Of Omaha Bank
—
—
Loretto Properties INC
—
Deed Of Trust
related
$210,000 · Monticello Bank
—
—
Loretto Properties INC
—
Deed Of Trust
related
$986,275 · Monticello Bank
—
—
Loretto Properties INC
—
Deed Of Trust
related
$25,000 · Monticello Bank
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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