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    800 Dunn Ave Jacksonville, FL 32218-4803

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    800 Dunn Ave Jacksonville, FL 32218-4803


    • Medical Office Space
    • 5,491 SF
    • 1.19 lot acres
    Off-Market
    Last Sale Sep 13, 2024
    $2,010,000
    Property ID
    US18-4376226
    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.

    Value Estimations
    $2,085,000
    Show details
    Cap Rate Potential
    3.4%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Emergency Dentist Jacksonville FL / Dental Office
    • Affordable Dentures & Implants / Dental Office
    • Emergency Dentist 24/7Jacksonville / Dental Office
    • Daniel Marquez Menendez / Dental Office
    • Dr. Robert Kinney / Dental Office

    Property Details for 800 Dunn Ave

    Year built
    1984
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.19 lot acres
    Property size
    5,491 SF
    Zone code
    CCG-1
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    044148-0110
    APU
    441480110

    Description

    This exceptional investment opportunity presents a 5,491 square foot Class A medical office building in Jacksonville, Florida. Located at 800 Dunn Ave, this single-tenant property boasts a 100% occupancy rate with Affordable Care LLC, a credit-rated national tenant with a corporate guarantee. The NNN lease, featuring 2% annual rent bumps, has a remaining term of 6.5 years with two five-year options. The property, built in 1984 and renovated in 1990, sits on a 1.19-acre lot and offers ample parking (10 spaces per 1,000 sq ft). The asking price is $2,081,089, representing a compelling $379 per square foot and a 7.00% cap rate with a current NOI of $145,677. The property is zoned Commercial Community/General-1 (CCG-1) and benefits from a high-traffic location adjacent to a Publix-anchored shopping center. This stabilized investment offers a passive income stream with significant upside potential, driven by the tenant's strong financial performance and the robust growth of the Jacksonville market. The lease commenced November 4, 2020, and expires November 30, 2030. This is an ideal investment for those seeking a stable, high-return asset in a thriving market. The property features a strong national tenant, Affordable Care LLC, the seventh-largest Dental Service Organization (DSO) in the United States. Jacksonville's strong job growth and population increase contribute to the high demand for medical services in this area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,280,000
      ML approach
      $2,210,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,924,000
      Market price range: $592k - $1.92M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,255,000
      Current use
      RESTAURANT
      $2,915,000
      Change: +132% Conversion: Difficult
      OFFICE BUILDING
      $1,920,000
      Change: +53% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,385,000
      Change: +10% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6576
    Latitude
    30.4294
    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
    $23,893
    $926,298
    $398,502
    $1,324,800
    -
    $926,298
    $398,502
    $1,324,800
    More about this property
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