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Property profile & analytics
OFF-MARKET Estimated value $1,505,000
Retail space

7700 Merrill Rd Jacksonville, FL 32277-3715

9,217 SF 1.51 ac lot Built 2012
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US18-0514949
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2012
Construction STEEL FRAME
Total area 9,217 SF
Lot 1.51 ac (65,580 SF)
Zoning code CN
APN 120459-0030
UPID US18-0514949
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
  • Western Union Bank Credit Union
  • Dollar General Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.61M
Comparable Approach Comparable
$1.90M
Blend (final) Blend
$1.51M
Owner & transaction history
Dg Jacksonville Fl LLC · 13 yrs held
Dg Jacksonville Fl LLC
since 2012
6 recorded transactions
2020
Price N/A
2012
$1.6M
2012
$500,000
2010
Price N/A
2000
$750,000
1969
Price N/A
Zoning & alternative use
CN · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CN zoning district- (i) One street frontage sign per lot not exceeding one square foot for each linear foot of street frontage, per street, to a maximum size of 200 square feet in area for every 200 linear feet of street frontage or portion thereof is permitted, provided they are located no closer than 200 feet apart. (ii) Wall signs are permitted. (3) CCG,…

Zone name Commercial Neighborhood
General category COMMERCIAL
Zone area 434.81 ac
Source Zoning Ordinance
Top alternative use upside
Commercial (general) $2.3M +39.4%
Medical building $2.1M +26.2%
Auto repair, garage $2.0M +17.8%
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