6825 Evergreen Ave Jacksonville, FL 32208-4483
Entity Owned
Absentee Owner
Free & Clear
Estimated value (blended)
$22.35M
Range $20.12M – $24.59M (±10%)
Property ID
US18-5990025
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1939
Construction
STEEL FRAME
Total area
162,611 SF
Lot
48.7 ac (2,121,257 SF)
Zoning code
IW
APN
111104-0000
UPID
US18-5990025
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.90M
Comparable Approach
Comparable
$27.61M
Blend (final)
Blend
$22.35M
Owner & transaction history
Zoning & alternative use
IW · Jacksonville, FL
Zoning description
IH, and IW Districts and no other. (d) Provisions of this Zoning Code which apply to residential, commercial, industrial or other districts shall apply to those portions of a Planned Unit Development (PUD) which are devo…
General category
INDUSTRIAL
Top alternative use upside
Medical building
$37.2M
+148.0%
Auto repair, garage
$34.7M
+131.5%
Office building
$31.6M
+110.8%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$22.35M
Value range
$20.12M – $24.59M
±10% around blend
Estimated value / SF
$137 / SF
Confidence
Property data
88
Market benchmarks
67
Comparable evidence
60
$20.12M
blend $22.35M
$24.59M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
162,611 SF
Lot area
48.7 ac
Year built
1939
Stories
2
APN
111104-0000
Assessed value
$15,971,514
Annual tax
$304,225
3
Income approach: direct capitalization
Partial preview
Income approach indication
$13.90M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$15.06M
@ 6.5% CAP return
$13.90M
@ 7% CAP return
$12.91M
4
Sales comparison
Partial preview
Sales approach indication
$27.61M
Range $6.86M – $27.61M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$22.35M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 133 sales
$92
+49%
County 132 sales
$91
+50%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $137/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+148%
vs current-use indication
Auto Repair, Garage
Office Building
Apartment House (5+ Units)
Neighborhood: Shopping Center
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$15.97M
Move the market yield to see immediate price impact.
Value / SF
$98
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.01M
$20.12M
$14.37M
$11.18M
$1.12M
$22.36M
$15.97M
$12.42M
$1.23M
$24.60M
$17.57M
$13.66M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$304,225
Tax year 2023
Assessed value
$15,971,514
Assessed 2023
Previous assessed
$15,418,617
+3.6% YoY
Effective rate
1.90%
On assessed value
Assessed land
$10,052,959
Assessed improvement
$5,918,555
Land market value
$10,052,959
Improvement market value
$5,918,555
Total market value
$15,971,514
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
1939
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
NONE
Buildings
23
Stories
2
Rooms
21
Bathrooms
13
Total area
162,611 SF
Lot
48.7 ac (2,121,257 SF)
Zoning code
IW
APN
111104-0000
UPID
US18-5990025
Jurisdiction
DUVAL
Zoning & alternative use
IW · Jacksonville, FLZoning IW · permitted uses
IW · Jacksonville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
IH, and IW Districts and no other. (d) Provisions of this Zoning Code which apply to residential, commercial, industrial or other districts shall apply to those portions of a Planned Unit Development (PUD) which are devo…
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1939
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
23
Rooms
21
Bathrooms
13
Lot
48.7 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
IW
INDUSTRIAL
Jurisdiction
Jacksonville, FL
Recorded code
IW
Official district
IW
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IW in Jacksonville, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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