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Property profile & analytics
FOR SALE
Bars & Pubs
6347 Philips Hwy Jacksonville, FL 32216
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-0087802
For Sale
$2,500,000
6347 Philips Hwy, Jacksonville, FL 32216
View Listing →
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
2000
Construction
STEEL FRAME
Total area
9,600 SF
Lot
1.42 ac (61,930 SF)
Zoning code
CCG-2
APN
152911-0000
UPID
US18-0087802
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
-
Dynasty lounge Bar & Pub Nightclub
-
The Nowhere Lounge Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.06M
Owner & transaction history
6347 Philips Investment Jax LLC · 3 yrs held
6347 Philips Investment Jax LLC
since 2023
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
CCG-2 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.4M
+110.2%
Auto repair, garage
$2.0M
+77.7%
Office building
$2.0M
+72.4%
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
$2,095,000
ML approach
$2,130,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,420,000
Change: +110% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,045,000
Change: +78% · Conversion: Difficult
OFFICE BUILDING
$1,985,000
Change: +72% · Conversion: Difficult
MEDICAL BUILDING
$1,900,000
Change: +65% · Conversion: Difficult
RETAIL STORES
$1,740,000
Change: +51% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,585,000
Change: +38% · Conversion: Difficult
Blend value · Realmo final
$2.06M
Range $1.85M – $2.27M · ±10% · vs last sale $2.01M (Feb 14 2023)
Last sale anchor
$2.01M
Feb 14 2023
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
$215 / 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
Tax billed
$19,509
Tax year 2023
Assessed value
$1,042,100
Assessed 2023
Previous assessed
$1,042,100
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$238,131
Assessed improvement
$803,969
Land market value
$238,131
Improvement market value
$803,969
Total market value
$1,042,100
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
For Sale
Year built
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
5
Rooms
5
Bathrooms
16
Total area
9,600 SF
Lot
1.42 ac (61,930 SF)
Zoning code
CCG-2
APN
152911-0000
UPID
US18-0087802
Jurisdiction
DUVAL
Zoning & alternative use
CCG-2 · Jacksonville, FL
Zoning CCG-2 · permitted uses
CCG-2 · 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
COMMERCIAL (GENERAL)
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.0M
OFFICE BUILDING
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.9M
RETAIL STORES
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
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
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
5
Rooms
5
Bathrooms
16
Lot
1.42 ac
Current owner
From public records · entity-resolved
6347 Philips Investment Jax LLC
Entity
Mailing address
8 THE GRNA, DOVER, DE 19901-3618
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2026
—
6347 Philips Investment Jax Ll
—
Deed
related
$5,000,000 · Cross River Bank
May 6, 2024
—
Club Dynasty Jacksonville LLC
—
Deed
related
$609,000 · Lpc Fund LLC
Apr 22, 2024
—
6347 Philips Investment Jax LLC
—
Deed
related
$1,500,000 · Waterfall Bank
Feb 14, 2023
$2,010,000
6347 Philips Investment Jax LLC
Pamela S Frady
Warranty Deed
$1,206,000 · Riverton Capital LLC
May 4, 2020
$975,000
Pamela S Frady
Seekonk Holding Corp
Warranty Deed
$765,000 · Seekonk Holding Corp
Feb 15, 2011
$1,217,300
Seekonk Holding Corp
Myungyeon Corp
Warranty Deed
—
Jun 5, 2007
$1,575,000
Myungyeon Corp
Seekonk Holding Corp
Warranty Deed
$1,275,000 · Seekonk Holding Corp
Jul 23, 1999
$295,000
Seekonk Holding Corp
Edmondson,richard T
Grant Deed
—
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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