Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,910,000
Industrial properties
7403 Philips Hwy Jacksonville, FL 32256-6807
Entity Owned
9-yr Hold
Free & Clear
Property ID
US18-0520764
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1960
Construction
STEEL FRAME
Total area
16,580 SF
Lot
3.9 ac (170,054 SF)
Zoning code
IL
APN
152581-0100
UPID
US18-0520764
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
-
Aircraft Parts Store LLC Logistics Company Moving Company
-
Florida Air Recovery and Storage Distribution Center Logistics Company
-
Black Box Collective Freight Service Logistics Company
-
Dock Doctors Marine Construction Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.35M
Comparable Approach
Comparable
$6.25M
Blend (final)
Blend
$4.91M
Owner & transaction history
Bap Jax LLC · 9 yrs held
Bap Jax LLC
since 2017
7 recorded transactions
Zoning & alternative use
IL · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,630,000
6.5%
$3,350,000
7%
$3,110,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,180,000
Current use
MEDICAL BUILDING
$3,790,000
Change: -9% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,535,000
Change: -15% · Conversion: Difficult
OFFICE BUILDING
$3,500,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$4.91M
Range $4.42M – $5.40M · ±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
$296 / 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
$27,563
Tax year 2023
Assessed value
$1,619,800
Assessed 2023
Previous assessed
$1,379,600
+17.4% YoY
Effective rate
1.70%
On assessed value
Assessed land
$509,652
Assessed improvement
$1,110,148
Land market value
$509,652
Improvement market value
$1,110,148
Total market value
$1,619,800
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1960
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Rooms
2
Bathrooms
13
Total area
16,580 SF
Lot
3.9 ac (170,054 SF)
Zoning code
IL
APN
152581-0100
UPID
US18-0520764
Jurisdiction
DUVAL
Zoning & alternative use
IL · Jacksonville, FL
Zoning IL · permitted uses
IL · 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
COMMERCIAL (GENERAL) Current
Est. value
$4.2M
MEDICAL BUILDING
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.5M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1960
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Rooms
2
Bathrooms
13
Lot
3.9 ac
Current owner
From public records · entity-resolved
Bap Jax LLC
Entity
Free & Clear · 9 yrs held
Mailing address
8134 MIDDLE FRK WAY, JACKSONVILLE, FL 32256-7366
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2018
—
Bap Jax LLC
—
Deed
related
$300,000 · Iberiabank
Feb 6, 2018
—
Bap Jax LLC
—
Deed
related
$600,000 · Iberiabank
Jun 26, 2017
$1,200,000
Bap Jax LLC
Jtb Industries LLC
Grant Deed
—
Aug 17, 2010
$385,000
Jtb Industries LLC
7403 Phillips Highway Jacksonv
Grant Deed
—
Jun 21, 2010
—
7403 Phillips Highway Jacksonv
Home Loan Investment Bank Fsb
Grant Deed
related
—
Oct 14, 2009
—
Home Loan Investment Bank Fsb
Allied Printing INC Coc
Trustees Deed
related
—
—
—
Bap Jax LLC
—
Loan Modification
related
$300,000 · Iberiabank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7403 Philips Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
