Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

5940 Merrill Rd Jacksonville, FL 32277

FOR SALE
Retail space
Property ID
US19-0288605
1,892 SF 0.25 ac lot Built 1963
Last sale May 2015 · $115,000
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This retail storefront property at 5940 Merrill Road includes dedicated on-site parking and has prominent street frontage intended to support customer access. The building is situated in the Commercial Community/General-1 (CCG-1) zoning district, which allows a broad range of commercial and professional uses, including retail and service establishments such as banks and offices, as well as certain community-focused uses like day care centers, churches, and art studios; some specialized…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$226k
Assessed land$52k
Assessed improvement$174k
Effective rate1.66%

Value estimate

· Nov 2026
$230k
$207k – $253k
AI approach$230k
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$4k
Operating expenses−$9k
NOI · 5.70% cap applied$21k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$181/SF
Submarket average, outlier-cleaned · 274 recorded sales of this use type
Observed band · Q1–Q3$80 – $307
Qualifying comparables6

Cap rate analysis

How does the asset earn?
5.70%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CCG-1
This district promotes general and community commercial activities
General categoryCOMMERCIAL
JurisdictionDUVAL

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply17.0
Law Firm16.9
Dental Office15.7

Location

5940 Merrill Rd Jacksonville, FL 32277
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6103 Ft Caroline, Jacksonville, FL 32277-2035 $1,400,000 Dec 2025 13,626 SF
5725 Ft Caroline, Jacksonville, FL 32277-1752 $2,350,000 Jun 2023 9,160 SF
8301 Ft Caroline, Jacksonville, FL 32277-2903 $1,250,000 Mar 2023 10,930 SF
7695 Merrill, Jacksonville, FL 32277-3712 $900,000 Jul 2021 2,980 SF
5634 Merrill, Jacksonville, FL 32277-3306 $1,375,000 Jan 2021 12,937 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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