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Property profile & analytics
OFF-MARKET
Estimated value
$8,980,000
Manufacturing properties
735 Bay St 1, Jacksonville, FL 32202-2303
Individually Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4328468
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1924
Construction
CONCRETE
Total area
78,715 SF
Lot
8.64 ac (376,349 SF)
Zoning code
CCBD
APN
073317-0200
UPID
US18-4328468
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
-
Jacksonville Fence Builders General Contractor Construction Company
-
Maxwell House Food Processing Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.73M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.98M
Owner & transaction history
Owner Name Unavailable · 21 yrs held
Owner Name Unavailable
since 2004
1 recorded transaction
Zoning & alternative use
CCBD · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$14.3M
+96.5%
Apartment house (5+ units)
$13.0M
+79.1%
Neighborhood: shopping center
$12.6M
+74.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,290,000
6.5%
$6,730,000
7%
$6,250,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$7,250,000
Current use
RETAIL STORES
$14,250,000
Change: +96% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$12,990,000
Change: +79% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$12,640,000
Change: +74% · Conversion: Difficult
Blend value · Realmo final
$8.98M
Range $8.08M – $9.88M · ±10%
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
$114 / 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
Assessed value
$10,365,112
Assessed 2023
Previous assessed
$10,057,884
+3.1% YoY
Assessed land
$7,526,300
Assessed improvement
$2,838,812
Land market value
$7,526,300
Improvement market value
$2,838,812
Total market value
$10,365,112
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
1924
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Buildings
4
Stories
5
Units
5
Rooms
70
Bathrooms
75
Total area
78,715 SF
Lot
8.64 ac (376,349 SF)
Zoning code
CCBD
APN
073317-0200
UPID
US18-4328468
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$7.3M
RETAIL STORES
Est. value
$14.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.6M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
1924
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
5
Buildings
4
Units
5
Rooms
70
Bathrooms
75
Lot
8.64 ac
Current owner
From public records · entity-resolved
Owner Name Unavailable
Individual
Free & Clear · 21 yrs held
Mailing address
801 WAUKEGAN RD, GLENVIEW, IL 60025-4312
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2004
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
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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