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Property profile & analytics
OFF-MARKET
Estimated value
$2,040,000
Drive through restaurants
8015 Merrill Rd Jacksonville, FL 32277-3718
Entity Owned
~
Est. High Equity
Property ID
US18-5510399
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1995
Construction
WOOD
Total area
2,576 SF
Lot
1.01 ac (43,914 SF)
Zoning code
PUD
APN
113012-0220
UPID
US18-5510399
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
-
Krystal Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$2.04M
Owner & transaction history
8015 Merrill INC
8015 Merrill INC
since 2026
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
PUD · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
or other districts shall apply to those portions of a Planned Unit Development (PUD) which are devoted to uses permitted in these respective districts, unless specifically provided otherwise in the written description of the intended plan of development. (Ord. 91-59-148, § 1; Ord. 91-761-410, § 1; Ord. 2008-969-E, § 1; Ord. 2014-279-E,
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
138,142.68 ac
Source
Zoning Ordinance
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
$2,075,000
ML approach
$2,140,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.04M
Range $1.84M – $2.24M · ±10% · vs last sale $2.01M (Feb 3 2020)
Last sale anchor
$2.01M
Feb 3 2020
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
$792 / 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
$22,793
Tax year 2023
Assessed value
$1,239,700
Assessed 2023
Previous assessed
$1,129,300
+9.8% YoY
Effective rate
1.84%
On assessed value
Assessed land
$327,712
Assessed improvement
$911,988
Land market value
$327,712
Improvement market value
$911,988
Total market value
$1,239,700
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
2
Rooms
2
Bathrooms
12
Total area
2,576 SF
Lot
1.01 ac (43,914 SF)
Zoning code
PUD
APN
113012-0220
UPID
US18-5510399
Jurisdiction
DUVAL
Zoning & alternative use
PUD · Jacksonville, FLZoning PUD · permitted uses
PUD · Jacksonville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
or other districts shall apply to those portions of a Planned Unit Development (PUD) which are devoted to uses permitted in these respective districts, unless specifically provided otherwise in the written description of the intended plan of development. (Ord. 91-59-148, § 1; Ord. 91-761-410, § 1; Ord. 2008-969-E, § 1; Ord. 2014-279-E,
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
138,142.68 ac
Source
Zoning Ordinance
Building & site characteristics
From public records
Year built
1995
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Rooms
2
Bathrooms
12
Lot
1.01 ac
Current owner
From public records · entity-resolved
8015 Merrill INC
Entity
Mailing address
207 HILLCREST DR, DURANGO, CO 81301-6516
Ownership since
2026
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
Apr 23, 2026
$1,950,000
8015 Merrill INC
Freitag Mark
Deed
—
Feb 3, 2020
$2,009,100
Freitag,a J SR & M A Trust
Phyllis U Mcelroy
Grant Deed
—
Feb 4, 2013
$1,510,000
Phyllis T Uyemura
Cfkry LLC
Grant Deed
—
Apr 9, 2012
$1,213,130
Cfkry LLC
The Krystal Company
Special Warranty Deed
—
—
—
Phyllis T Uyemura
—
Deed Of Trust
related
$925,000 · Zions First National Bank
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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