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Property profile & analytics
OFF-MARKET Estimated value $1,160,000
Strip malls

7293 Merrill Rd Jacksonville, FL 32277-3863

11,176 SF 0.52 ac lot Built 1985
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US18-2863358
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction STEEL FRAME
Total area 11,176 SF
Lot 0.52 ac (22,777 SF)
Zoning code CCG-1
APN 113014-0100
UPID US18-2863358
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
$1.28M
Blend (final) Blend
$1.16M
Owner & transaction history
Mega Liquidation Center INC · 8 yrs held
Mega Liquidation Center INC
since 2018
3 recorded transactions
2018
$1.0M
2011
$620,000
1998
$340,000
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(CCG-1), Commercial Community/General-2 (CCG-2), and Planned Unit Development (PUD) having commercial uses. (c) Building Form and Finish Materials. The following general provisions shall apply to all Development in the Mayport Road Zoning Overlay. (1) Roofs, which give the appearance of a flat roof from any street side of the building, are prohibited. Roofs…

Zone name Commercial Community General 1
General category COMMERCIAL
Zone area 6,934.94 ac
Source Zoning Ordinance
Top alternative use upside
Apartment house (5+ units) $1.8M +2.8%
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