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    Property profile & analytics

    7741 Pt Mdws Dr Jacksonville, FL 32256-9201

    • Medical offices
    • 27,872 SF
    • 2.25 lot acres
    OFF-MARKET
    Value Estimations
    $480,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-7541867
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 7741 Pt Mdws Dr

    Year built
    2015
    Construction
    STEEL FRAME
    Lot size
    2.25 lot acres
    Property size
    27,872 SF
    Zone code
    CCG-1
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    167745-2140
    APU
    1677452140

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $480,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.5194
    Latitude
    30.2353
    CBSA code
    27260
    CBSA name
    JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $77,674
    $513,061
    $3,993,639
    $4,506,700
    -
    $513,061
    $3,993,639
    $4,506,700

    Comparable in this City

    • Value Estimation
      $265,000
      20,794 SF

      7740 Pt Mdws Dr

      MEDICAL BUILDING • 20,794 SF
      7740 Pt Mdws Dr, Jacksonville, FL 32256-9179
      View Details
    • Value Estimation
      $850,000
      57,228 SF

      7011 A C Skinner Pkwy

      MEDICAL BUILDING • 57,228 SF
      7011 A C Skinner Pkwy, Jacksonville, FL 32256-6954
      View Details
    • Value Estimation
      $610,000
      3,847 SF

      8259 Bayberry Rd

      MEDICAL BUILDING • 3,847 SF
      8259 Bayberry Rd, Jacksonville, FL 32256-7432
      View Details
    • Value Estimation
      $280,000
      3,825 SF

      9088 Baymeadows Park Dr

      MEDICAL BUILDING • 3,825 SF
      9088 Baymeadows Park Dr, Jacksonville, FL 32256-7793
      View Details
    • Value Estimation
      $425,000
      15,058 SF

      10898 Baymeadows Rd

      MEDICAL BUILDING • 15,058 SF
      10898 Baymeadows Rd, Jacksonville, FL 32256-5837
      View Details
    • Value Estimation
      $365,000
      5,244 SF

      14595 Philips Hwy

      MEDICAL BUILDING • 5,244 SF
      14595 Philips Hwy, Jacksonville, FL 32256-3709
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      58,102 SF

      Jacksonville Medical Office Building For Sale

      Fully occupied medical office building near Ascension St. Vincent’s Hospital.
      7011 A C Skinner Pkwy, Jacksonville, FL 32256
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      36,000 SF

      Office Building in Cypress Point

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      36,000 SF

      Prime Jacksonville Office Space

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    • $940,000
      3,993 SF

      Jacksonville Office Building: Prime Location

      New Construction, 3,993 sq ft Office
      9080 Baymeadows Park Dr, Jacksonville, FL 32256
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    • $500,000
      4,617 SF

      Renovated Office Space For Sale

      Completely renovated office space with convenient access to major roads.
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    • Contact for pricing
      344,000 SF

      Jacksonville Office Building For Sale

      344,000 square foot office building in Jacksonville, Florida.
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    Similar Nearby for Lease

    • $34 SF/Yr
      15,300 SF

      Point Meadows II Office Suites

      Modern Jacksonville Office Space for Lease
      8350 Point Meadows Dr, Jacksonville, FL 32256
      View Details
    • $20 SF/Yr
      7,200 SF

      Baymeadows Medical Office Space

      Class A medical office suites, Duval County.
      7807 Baymeadows Rd, Jacksonville, FL 32256
      View Details
    • Contact for pricing
      48,673 SF

      Prime Baymeadows Office Space

      Jacksonville Office Suites Available Now
      7901 Baypine Rd, Jacksonville, FL 32256
      View Details
    • Contact for pricing
      3,825 SF

      Village Crossing Center: Medical Office Space

      New 3,825 SF Medical Office in Jacksonville, FL
      11525 Village Crossing Dr, Jacksonville, FL 32256
      View Details
    • $9 SF/Yr
      5,442 SF

      Jacksonville Office Space for Lease

      Flexible Offices, Coworking & More
      10163 Fortune Pkwy, Jacksonville, FL 32256
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    • $24 SF/Yr
      96,049 SF

      Jacksonville Executive Office Suites

      Prestigious A-Class Office Space in Duval County
      5210 Belfort Rd, Jacksonville, FL 32256
      View Details
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    Jacksonville, FL 32256-9201
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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