Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    617365 Brandies Ave Callahan, FL 32011-3704
    Back to Search
    Property profile & analytics

    617365 Brandies Ave, Callahan, FL 32011-3704

    View on Map
    • Specialty properties
    • 7,205 SF
    • 1.29 lot acres
    Off-Market
    Last Sale Jan 2, 2024
    $650,000
    Property ID
    US18-9668213
    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.
    Value Estimations
    $650,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 617365 Brandies Ave

    Year built
    1908
    Construction
    WOOD
    Lot size
    1.29 lot acres
    Property type
    Specialty properties
    APN
    30-2N-25-0000-0016-0000
    APU
    302N25000000160000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 20, 2024 — Daryle R Roberson — Deed · related $425k · Funeral Directors Life Insurance Company
    Jan 2, 2024 $650,000 Daryle Robert Roberson Ellis L Mcaninch JR Warranty Deed $422k · Ellis L Mcaninch JR
    Jan 2, 2024 — Leroy Mcaninch Ellis Ellis L Mcaninch JR Affidavit · related —
    Dec 3, 2008 — Ellis L Mcaninch JR Markham J Mcaninch SR. Intrafamily Transfer · related $185k · Wachovia Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $650,000
      ML approach
      $650,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $880,000
      AUTO REPAIR, GARAGE
      $785,000
      WAREHOUSE, STORAGE
      $775,000
      RETAIL STORES
      $690,000
      MEDICAL BUILDING
      $630,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Callahan
    County
    Nassau
    State
    Florida
    Longitude
    -81.8347
    Latitude
    30.5636
    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
    $6,747
    $100,084
    $439,895
    $539,979
    -
    $100,084
    $439,895
    $539,979

    Comparable in this City

    • Value Estimation by Request
      0.26 Acres

      Chevy Rd

      CREMATORIUM, MORTUARY
      Chevy Rd, Callahan, FL 32011
      View Details
    • Value Estimation by Request
      2,560 SF

      56300 Nassau Oaks Dr

      CHARITABLE ORGANIZATION
      56300 Nassau Oaks Dr, Callahan, FL 32011-8353
      View Details
    • Value Estimation by Request
      1.62 Acres

      Jones Cemetery Rd

      CREMATORIUM, MORTUARY
      Jones Cemetery Rd, Callahan, FL 32011
      View Details
    • Value Estimation by Request
      1.00 Acres

      Roy Booth Rd

      CREMATORIUM, MORTUARY
      Roy Booth Rd, Callahan, FL 32011
      View Details
    • Value Estimation
      $840,000
      6,202 SF

      541720 Us Hwy 1st 1

      CREMATORIUM, MORTUARY
      541720 Us Hwy 1st 1, Callahan, FL 32011-8106
      View Details
    • Value Estimation by Request
      2.00 Acres

      431128 Keen Cemetery Rd

      CREMATORIUM, MORTUARY
      431128 Keen Cemetery Rd, Callahan, FL 32011
      View Details

    Similar Nearby for Sale

    • $295,000
      2,568 SF

      Callahan Commercial Property For Sale

      Commercial property in Callahan, Florida, with versatile zoning.
      617341 Brandies Ave, Callahan, FL 32011
      View Details
    • $338,000
      2,568 SF

      Callahan Commercial Property for Sale

      Commercial property available in Callahan, Florida.
      617341 Brandies Ave, Callahan, FL 32011
      View Details
    • $72,900

      Land Available off US Highway

      Land parcel accessible via deeded easement off Ratliff Road.
      27 Ratliff Rd, Callahan, FL 32011
      View Details
    • $3,000,000

      Callahan Land on US Highway

      Land available on US Highway 1 in Callahan, Florida.
      542088 Us Highway 1, Callahan, FL 32011
      View Details
    • Contact for pricing
      3,306 SF

      Callahan Commercial Property For Sale

      Commercial property with great potential in Callahan city limits.
      542464 Us Highway 1, Callahan, FL 32011
      View Details
    • $550,000
      11.89 Acres

      Callahan Land with Farm Pond

      11.89 acres of cleared land with paved access.
      Dyal Rd, Callahan, FL 32011
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,300 SF

      Callahan Multi-Tenant Center Leasing Opportunity

      New retail, medical, and office spaces available for lease.
      200 Sr, Callahan, FL 32011
      View Details
    • $28 SF/Yr
      16,500 SF

      Callahan Office Space Available

      Class A Office Suites, Flexible Lease Options
      542199 Us Highway 1, Callahan, FL 32011
      View Details
    • Contact for pricing
      1,504 SF

      Turnkey Medical/Office Space Available

      1,504 SF medical/office space on high-traffic US Hwy 301.
      449621 Us Highway 301, Callahan, FL 32011
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    617365 Brandies Ave
    Callahan, FL 32011-3704
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    617365 Brandies Ave, Callahan, FL, 32011
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!