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    Property profile & analytics

    8240 Merrill Rd Jacksonville, FL 32277-2928

    • Grocery and convenience stores
    • 4,861 SF
    • 3.97 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-5992619
    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

    • RaceTrac / Gas Station / Tobacco Shop

    Property Details for 8240 Merrill Rd

    Year built
    2011
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.97 lot acres
    Property size
    4,861 SF
    Zone code
    PUD
    Property type
    Grocery and convenience stores
    APN
    120735-0020
    APU
    1207350020

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.5602
    Latitude
    30.3516
    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
    $47,988
    $579,548
    $2,063,552
    $2,643,100
    -
    $579,548
    $2,063,552
    $2,643,100

    Comparable in this City

    • Value Estimation
      $335,000
      2,961 SF

      3550 University N Blvd

      CONVENIENCE STORE • 2,961 SF
      3550 University N Blvd, Jacksonville, FL 32277-2423
      View Details
    • Value Estimation by Request
      60,494 SF

      7117 Merrill Rd

      GROCERY, SUPERMARKET • 60,494 SF
      7117 Merrill Rd, Jacksonville, FL 32277-2620
      View Details
    • Value Estimation
      $260,000
      2,914 SF

      4275 University N Blvd

      CONVENIENCE STORE • 2,914 SF
      4275 University N Blvd, Jacksonville, FL 32277-1335
      View Details
    • Value Estimation
      $985,000
      2,980 SF

      7695 Merrill Rd

      CONVENIENCE STORE • 2,980 SF
      7695 Merrill Rd, Jacksonville, FL 32277-3712
      View Details
    • Value Estimation
      $485,000
      4,000 SF

      2875 Townsend Blvd

      LAUNDROMAT (SELF-SERVICE) • 4,000 SF
      2875 Townsend Blvd, Jacksonville, FL 32277-3707
      View Details
    • Value Estimation by Request
      9,100 SF

      5799 Ft Caroline Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,100 SF
      5799 Ft Caroline Rd, Jacksonville, FL 32277-1752
      View Details

    Similar Nearby for Sale

    • $380,000

      High-Traffic Commercial Property For Sale

      Well-maintained commercial property in high-traffic location, ideal for investors.
      7120 Merrill Rd, Jacksonville, FL 32277
      View Details
    • $928,000

      Commercial Land on Merrill Road

      Two lots totaling 0.50 acres with frontage on Merrill Road.
      7130 Merrill Rd, Jacksonville, FL 32277
      View Details
    • $1,700,000
      9.96 Acres

      Prime Jacksonville Riverfront Land

      9.96 Acres, Residential Development Potential
      5969 Edenfield Rd, Jacksonville, FL 32277
      View Details
    • $590,000
      Pending

      Jacksonville Multifamily Investment Opportunity

      Four-unit property near Jacksonville University with income potential.
      5718 Merrill Rd, Jacksonville, FL 32277
      View Details
    • $899,900

      New Jacksonville Quadplex Investment Opportunity

      Turnkey 2024 quadplex with reliable tenants near Jacksonville University.
      5669 George Ct, Jacksonville, FL 32277
      View Details
    • $1,100,000

      Corner Parcel on Merrill Road

      Commercial land with frontage on Merrill Rd near I-295.
      Dames Point Crossing Blvd, Jacksonville, FL 32277
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      1,200 SF

      Versatile Retail Spaces For Lease

      Flexible commercial spaces suitable for various businesses in high-traffic area.
      2930 Justina Rd, Jacksonville, FL 32277
      View Details
    • Contact for pricing
      12,937 SF

      Retail Space Near Jacksonville University

      12,937 SF retail space with drive-thru, near Jacksonville University.
      5634 Merrill Rd, Jacksonville, FL 32277
      View Details
    • Contact for pricing

      Retail Space in Arlington Submarket

      Retail space for sublease in Jacksonville, near Jacksonville University.
      6060-10 Fort Caroline Rd, Jacksonville, FL 32277
      View Details
    • Contact for pricing
      7,750 SF

      Dames Pointe Plaza Retail Spaces

      Jacksonville Retail Center - Multiple Units Available
      6999 Merrill Rd, Jacksonville, FL 32277
      View Details
    • $25 SF/Yr
      1,200 SF

      Medical Office Space Available Now

      Medical office space in Jacksonville's medical corridor, near I-95.
      3550 University Blvd S, Jacksonville, FL 32277
      View Details
    • Contact for pricing
      975 SF

      Merrill Road Office Space Available

      Office space for rent at 8011 Merrill Rd, Jacksonville, FL.
      8011 Merrill Rd, Jacksonville, FL 32277
      View Details

    Property Visit Statistics

    • Visits by month
      50.6k
    • Visitors by month
      31.9k
    • Avg Time on site
      7 min
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    8240 Merrill Rd
    Jacksonville, FL 32277-2928
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    Realmo Value Estimation

    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.

    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.

    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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