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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Office buildings
7915 103rd St Jacksonville, FL 32210-6678
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-0608408
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,848 SF
Lot
16.01 ac (697,276 SF)
Zoning code
RMD-MH
APN
013828-0100
UPID
US18-0608408
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
-
Magnolia Circle Manufactured Home Community Campground & RV Park
-
Ortiz Junk Removal Services LLC Trucking Company Moving Company
-
Arturo Del Villar llc. Plumbing Service General Contractor
-
Gilmore Cleaning Service General Contractor
-
Lashes by Maira Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
$425k
Comparable Approach
Comparable
$642k
Blend (final)
Blend
$515k
Owner & transaction history
Magnolia Circle LLC · 13 yrs held
Magnolia Circle LLC
since 2013
5 recorded transactions
Zoning & alternative use
RMD-MH · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$605,000
+76.2%
Medical building
$420,000
+23.4%
Auto repair, garage
$395,000
+15.2%
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
$565,000
CAP Approach
CAP Return
Estimation
6%
$460,000
6.5%
$425,000
7%
$395,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$340,000
Current use
COMMERCIAL (GENERAL)
$605,000
Change: +76% · Conversion: Easy
MEDICAL BUILDING
$420,000
Change: +23% · Conversion: Easy
AUTO REPAIR, GARAGE
$395,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$279 / 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
$5,851,400
Assessed 2023
Previous assessed
$5,636,900
+3.8% YoY
Assessed land
$1,214,998
Assessed improvement
$4,636,402
Land market value
$1,214,998
Improvement market value
$4,636,402
Total market value
$5,851,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
32
Rooms
5
Bathrooms
2
Total area
1,848 SF
Lot
16.01 ac (697,276 SF)
Zoning code
RMD-MH
APN
013828-0100
UPID
US18-0608408
Jurisdiction
DUVAL
Zoning & alternative use
RMD-MH · Jacksonville, FL
Zoning RMD-MH · permitted uses
RMD-MH · 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
OFFICE BUILDING Current
Est. value
$340,000
COMMERCIAL (GENERAL)
Est. value
$605,000
MEDICAL BUILDING
Est. value
$420,000
AUTO REPAIR, GARAGE
Est. value
$395,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
32
Rooms
5
Bathrooms
2
Lot
16.01 ac
Current owner
From public records · entity-resolved
Magnolia Circle LLC
Entity
Mailing address
31200 NORTHWESTERN HWY, FARMINGTON HILLS, MI 48334-5900
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2025
—
Connie Jean Mhc LLC
—
Deed
related
$142,920,000 · Jpmorgan Chase Bank NA
May 14, 2021
—
Magnolia Circle LLC
—
Deed
related
$83,410,313 · Wells Fargo Bank NA
Apr 30, 2013
$3,194,200
Magnolia Circle LLC
Arcflmc LLC
Grant Deed
—
Jul 24, 2006
—
Arcflmc LLC
Arc III LLC
Grant Deed
$230,000,000 · Merrill Lynch Mortgage Lending
—
—
Arc III LLC
—
Deed Of Trust
related
$85,000,000 · Citigroup Global Markets Realt
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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