Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6960 Bonneval Rd, Unit C Jacksonville, FL 32216-4042

    • Office Properties & Spaces
    • 7,373 SF
    • 0.29 lot acres
    OFF-MARKET
    Last Sale
    Dec 22, 2020
    $1,200,000
    Value Estimations
    $1,515,000
    Show details
    Cap Rate Potential
    9.1%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US18-3723930
    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.

    Current Use by Public Records

    • ASAP Total Dental Care / Dentist
    • Northwestern Mutual / Financial Planner / Financial Consultant
    • Madison Property Management Solutions / Property Management Company
    • Ignite Church Revival Center / Church
    • Alfa Dental Management / Dentist

    Property Details for 6960 Bonneval Rd

    Year built
    1999
    Construction
    WOOD
    Lot size
    0.29 lot acres
    Property size
    7,373 SF
    Property type
    Office Properties & Spaces
    APN
    152821-1100
    APU
    1528211100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,240,000
      ML approach
      $1,225,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,885,000
      6.5%
      $1,740,000
      7%
      $1,615,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,888,000
      Market price range: $914k - $2.14M
      AI Estimate
      $1,330,000
      Market price range: $626k - $1.53M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,525,000
      Current use
      COMMERCIAL (GENERAL)
      $1,860,000
      Change: +22% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,570,000
      Change: +3% Conversion: Difficult
      MEDICAL BUILDING
      $1,460,000
      Change: -4% Conversion: Easy
      RETAIL STORES
      $1,335,000
      Change: -13% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6001
    Latitude
    30.2473
    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
    $22,141
    $0.00
    $1,310,500
    $1,310,500
    -
    $0.00
    $1,310,500
    $1,310,500

    Comparable in this City

    • Value Estimation by Request

      4131 University Boulevard Ct

      Office Properties & Spaces
      4131 University Boulevard Ct, Jacksonville, FL 32216
      View Details
    • Value Estimation by Request
      2,520 SF

      6789 Southpoint Dr

      Medical offices • 2,520 SF
      6789 Southpoint Dr, Jacksonville, FL 32216
      View Details
    • Value Estimation
      $255,000
      1,074 SF

      2120 Corporate Sq Blvd Ste, Unit 1

      CONDOMINIUM OFFICES • 1,074 SF
      2120 Corporate Sq Blvd Ste, Jacksonville, FL 32216-1976
      View Details
    • Value Estimation by Request
      5,040 SF

      6789 Southpoint Pkwy

      Medical offices • 5,040 SF
      6789 Southpoint Pkwy, Jacksonville, FL 32216
      View Details
    • Value Estimation by Request
      3,817 SF

      6210 Samuel Wells Dr

      Medical offices • 3,817 SF
      6210 Samuel Wells Dr, Jacksonville, FL 32216
      View Details
    • Value Estimation by Request
      3,006 SF

      8771 Perimeter Park Ctb2

      CONDOMINIUM OFFICES • 3,006 SF
      8771 Perimeter Park Ctb2, Jacksonville, FL 32216-6396
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,686 SF

      University Blvd Office Space

      Move-in ready medical/executive office
      4131 University Blvd, Jacksonville, FL 32216
      View Details
    • $1,200,000
      2,520 SF

      Southpoint Commons Office Building

      Jacksonville Office Building, Value-Add Opportunity
      6789 Southpoint Dr, Jacksonville, FL 32216
      View Details
    • $1,285,000
      6,686 SF

      Jacksonville Medical Office Building

      Turn-key medical office, excellent location.
      4131 University Blvd. #3 Jacksonville, Jacksonville, FL 32216
      View Details
    • $525,000

      Prime Jacksonville Commercial Land

      Versatile 0.98-acre lot, $525,000
      112 Arlington Rd, Jacksonville, FL 32216
      View Details
    • $379,000

      Jacksonville Medical Office Building

      Prime Medical Office, 6 Rooms, $379K
      4131 University Boulevard Ct, Jacksonville, FL 32216
      View Details
    • $250,000
      1,280 SF

      Office Condo in Commercial Area

      Polished, affordable office condo in a prime commercial area.
      2120 Corporate Square Blvd, Jacksonville, FL 32216
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      17,647 SF

      Jacksonville Office Sublease Opportunity

      17,647 sq ft Office Space in Southpoint
      4500 Salisbury Rd, Jacksonville, FL 32216
      View Details
    • $12 SF/Yr
      58,400 SF

      Bowden Commerce Center: Office & Warehouse

      Jacksonville, FL Office/Warehouse Space Available
      6500 Bowden Rd, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      19,126 SF

      Jacksonville Executive Office Suites

      Class A Office Space, Duval County
      9823 Tapestry Park Cir, Jacksonville, FL 32216
      View Details
    • $21 SF/Yr
      71,711 SF

      Fortune Plaza Executive Suites

      Jacksonville Office Space: 3,500-10,180 SF Available
      6622 Southpoint Dr, Jacksonville, FL 32216
      View Details
    • $16 SF/Yr
      22,344 SF

      Salisbury Lakes Office Space

      Jacksonville Office Suites Available
      4237 Salisbury Rd, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      30,548 SF

      Jacksonville Office & Retail Space

      Prime Jacksonville location, renovated spaces available
      7035 Philips Hwy, Jacksonville, FL 32216
      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.
    6960 Bonneval Rd, Unit C
    Jacksonville, FL 32216-4042
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.