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Property profile & analytics
OFF-MARKET
Estimated value
$52,330,000
Parking lots & garages
721 Pearl St Jacksonville, FL 32202
Entity Owned
Free & Clear
Property ID
US18-3583246
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1998
Construction
CONCRETE
Total area
223,008 SF
Lot
1.5 ac (65,484 SF)
Zoning code
CCBD
APN
074015-0000
UPID
US18-3583246
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$52.33M
Owner & transaction history
Publix Super Markets INC
Publix Super Markets INC
since 2025
3 recorded transactions
Zoning & alternative use
CCBD · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$235 / 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
$87,300
Tax year 2023
Assessed value
$4,528,100
Assessed 2023
Previous assessed
$4,449,000
+1.8% YoY
Effective rate
1.93%
On assessed value
Assessed land
$1,306,800
Assessed improvement
$3,221,300
Land market value
$1,306,800
Improvement market value
$3,221,300
Total market value
$4,528,100
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Buildings
2
Stories
5
Units
1
Rooms
2
Bathrooms
2
Total area
223,008 SF
Lot
1.5 ac (65,484 SF)
Zoning code
CCBD
APN
074015-0000
UPID
US18-3583246
Jurisdiction
DUVAL
Zoning & alternative use
CCBD · Jacksonville, FL
Zoning CCBD · permitted uses
CCBD · 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.
Building & site characteristics
From public records
Year built
1998
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
5
Buildings
2
Units
1
Rooms
2
Bathrooms
2
Lot
1.5 ac
Current owner
From public records · entity-resolved
Publix Super Markets INC
Entity
Free & Clear · 0 yrs held
Mailing address
7563 PHILIPS HWY STE #208, JACKSONVILLE, FL 32256-6834
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2026
—
721 Pearl Garage LLC
—
Deed
related
$22,202,000 · Dlp Lending Fund LLC
Sep 8, 2025
—
Publix Super Markets INC
119 Beaver St W LLC
Deed
—
Jan 5, 2022
$5,924,000
721 Pearl Garage LLC
First Baptist Chr Of Jacksonville F
Special Warranty Deed
$4,200,000 · Community First Credit Union Of Flo
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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