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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Day care centers
5800 Ricker Rd Jacksonville, FL 32244-1605
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US19-0861076
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,195 SF
Lot
4.06 ac (176,796 SF)
Zoning code
CRO
APN
014551-0000
UPID
US19-0861076
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
-
Growing Minds Academy Daycare Center Foster Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$522k
Blend (final)
Blend
$575k
Owner & transaction history
Sun State Property Inv INC · 22 yrs held
Sun State Property Inv INC
since 2003
4 recorded transactions
Zoning & alternative use
CRO · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
In CO, RO, and CRO Districts changing message devices and illuminated and indirect lighting signs are also prohibited. (d) Industrial zoning districts: The allowable signs and the sign restrictions and requirements shall be the same as in CCG, CCBD and CR zoning districts. (e) Agriculture (AGR) zoning district: (1) One nonilluminated sign not exceeding a max…
Zone name
Commercial Residential And Office
General category
COMMERCIAL
Zone area
2,847.69 ac
Source
Zoning Ordinance
Top alternative use upside
Retail stores
$940,000
+28.3%
Apartment house (5+ units)
$855,000
+17.0%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$735,000
Current use
RETAIL STORES
$940,000
Change: +28% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$855,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$111 / 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
$677,467
Assessed 2023
Previous assessed
$644,304
+5.1% YoY
Assessed land
$272,903
Assessed improvement
$404,564
Land market value
$272,903
Improvement market value
$404,564
Total market value
$677,467
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
1
Units
1
Rooms
15
Bathrooms
2
Total area
5,195 SF
Lot
4.06 ac (176,796 SF)
Zoning code
CRO
APN
014551-0000
UPID
US19-0861076
Jurisdiction
DUVAL
Zoning & alternative use
CRO · Jacksonville, FLZoning CRO · permitted uses
CRO · Jacksonville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
In CO, RO, and CRO Districts changing message devices and illuminated and indirect lighting signs are also prohibited. (d) Industrial zoning districts: The allowable signs and the sign restrictions and requirements shall be the same as in CCG, CCBD and CR zoning districts. (e) Agriculture (AGR) zoning district: (1) One nonilluminated sign not exceeding a maximum of 16 square feet in area is permitted. (2) One nonilluminated sign not exceeding a maximum of 32 square feet in area may be allowed, provided it is specifically authorized in the grant of an exception. (f) Public Building and Facilities (PBF) Zoning Districts: (1)
Zone name
Commercial Residential And Office
General category
COMMERCIAL
Zone area
2,847.69 ac
Source
Zoning Ordinance
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$735,000
RETAIL STORES
Est. value
$940,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$855,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
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
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Units
1
Rooms
15
Bathrooms
2
Lot
4.06 ac
Current owner
From public records · entity-resolved
Sun State Property Inv INC
Entity
Mailing address
5800 RICKER RD, JACKSONVILLE, FL 32244-1605
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2003
$336,800
Sun State Property Inv INC
Heavener,mac D & Ann C
Grant Deed
$335,000 · Mac D & Ann C Heavener
—
—
Karen Henderson
—
Deed Of Trust
related
$296,400 · Mit Lending
—
—
Sun State Property Invs INC
—
Deed Of Trust
related
$322,325 · Ameris
—
—
Sun State Property Invs INC
—
Deed Of Trust
related
$322,000 · Ameris 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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