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    Property profile & analytics

    5711 Bowden Rd Jacksonville, FL 32216

    • Grocery and convenience stores
    • 2,754 SF
    • 0.79 lot acres
    For Lease
    View listing
    Value Estimations
    $255,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-6082141
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • ShutterBooth Jacksonville Photo Booth / Party Equipment Rental Service / Wedding Service
    • Line Up Get Faded / Barber Shop
    • Wellness Water Filtration Systems / Water Filter Supplier / Water Treatment Supplier
    • Simply Weddings by Amanda / Event Planner / Florist
    • Ibargainlive / Computer Repair Service / Computer Store

    Property Details for 5711 Bowden Rd

    Year built
    1989
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.79 lot acres
    Property size
    2,754 SF
    Zone code
    CCG-1
    Property type
    Grocery and convenience stores
    APN
    153093-0100
    APU
    1530930100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $255,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $250,000
      Market price range: $251k - $358k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6071
    Latitude
    30.2653
    CBSA code
    27260
    CBSA name
    JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,646
    $258,090
    $496,510
    $754,600
    -
    $258,090
    $496,510
    $754,600

    Comparable in this City

    • Value Estimation
      $405,000
      3,692 SF

      5642 Bowden Rd

      CONVENIENCE STORE • 3,692 SF
      5642 Bowden Rd, Jacksonville, FL 32216-6132
      View Details
    • Value Estimation
      $480,000
      5,220 SF

      4259 Southside Blvd

      CONVENIENCE STORE • 5,220 SF
      4259 Southside Blvd, Jacksonville, FL 32216-5471
      View Details
    • Value Estimation
      $405,000
      3,000 SF

      3244 University S Blvd

      CONVENIENCE STORE • 3,000 SF
      3244 University S Blvd, Jacksonville, FL 32216-2734
      View Details
    • Value Estimation
      $255,000
      2,496 SF

      204 Century 21st Dr

      CONVENIENCE STORE • 2,496 SF
      204 Century 21st Dr, Jacksonville, FL 32216-6816
      View Details
    • Value Estimation
      $285,000
      2,501 SF

      4024 Southside Blvd

      CONVENIENCE STORE • 2,501 SF
      4024 Southside Blvd, Jacksonville, FL 32216-4644
      View Details
    • Value Estimation
      $430,000
      6,066 SF

      4120 Belfort Rd

      CONVENIENCE STORE • 6,066 SF
      4120 Belfort Rd, Jacksonville, FL 32216-1465
      View Details

    Similar Nearby for Sale

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      Beach Boulevard Commercial Buildings

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    • $750,000
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      Retail Building Near Walmart

      1,920 SF retail building on 0.275 acre lot.
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      NNN Leased Investment Opportunity

      Long-term NNN lease with established national tenant, Kid City.
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    • $925,000
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      Retail Space with Fenced Yard

      Retail property with fenced yard, accessible from two roads.
      6043 Terry Rd, Jacksonville, FL 32216
      View Details
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      5,996 SF

      University Boulevard Retail Opportunity

      Freestanding retail building on high-traffic University Boulevard.
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    • $35,000
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      Barbershop Business For Sale

      Operating barbershop business for sale with lease in place.
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    Similar Nearby for Lease

    • Contact for pricing
      4,050 SF

      Retail Space in Remodeled Center

      Retail spaces available in a recently remodeled grocery-anchored center.
      5839-5909 University Blvd W, Jacksonville, FL 32216
      View Details
    • $24 SF/Yr
      2,800 SF

      Retail Space on Southside Blvd

      Retail space available with high traffic and ample parking.
      3805 Southside Blvd, Jacksonville, FL 32216
      View Details
    • New
      $3,636 /Mo
      1,600 SF

      Class-Ready Studio in Jacksonville, FL

      1,600 SF sublease opportunity in Publix-shadowed neighborhood center.
      2777 W University Blvd, Jacksonville, FL 32216
      View Details
    • $22 SF/Yr
      1,300 SF

      Retail Space on Southside Blvd

      Retail space with excellent signage and high traffic volume.
      3738 Southside Blvd, Jacksonville, FL 32216
      View Details
    • $25 SF/Yr
      387 SF

      Move-in Ready Store Front Suites

      Move-in ready suites near Memorial Hospital on University Blvd.
      4251 University Blvd S, Jacksonville, FL 32216
      View Details
    • $22 SF/Yr
      1,606 SF

      Retail Space in Deerwood Park

      1606 SF retail space in Deerwood Park Trade Area.
      4195 Southside Blvd, Jacksonville, FL 32216
      View Details

    Property Visit Statistics

    • Visits by month
      10.5k
    • Visitors by month
      5.1k
    • Avg Time on site
      12 min
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    5711 Bowden Rd
    Jacksonville, FL 32216
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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