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    8309 Southside Blvd Jacksonville, FL 32256-8403
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    Property profile & analytics

    8309 Southside Blvd, Jacksonville, FL 32256-8403

    View on Map
    • Drug stores
    • 14,748 SF
    • 1.37 lot acres
    Off-Market
    Last Sale Jul 1, 2022
    $10,100,000
    Property ID
    US18-2434914
    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
    $8,250,000
    Show details
    Cap Rate Potential
    2%
    Drug stores
    Location Intelligence

    Current Use by Public Records

    • Coinhub Bitcoin ATM Teller / Atm
    • Vanessa Seiglie Quinones, MD / Medical Clinic
    • Bitcoin Depot | BDCheckout / Atm
    • Village Medical at Walgreens / Medical Clinic
    • Western Union / Bank / Credit Union

    Property Details for 8309 Southside Blvd

    Year built
    2009
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.37 lot acres
    Zone code
    PUD
    Property type
    Drug stores
    APN
    148633-5340
    APU
    1486335340

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 12, 2025 — Poseidon Chino Corporate Center LLC — Deed · related $6.6M · Partners Bank Of California
    Jul 1, 2022 $10,100,000 Poseidon Chino Corporate Center LLC Ryan Green LLC Special Warranty Deed $6.6M · Partners Bank Of California
    Jan 20, 2010 $5,788,000 Ryan Green LLC Sembler Edp Ptshp 22 Ltd Grant Deed $3M · Aviva Life & Annuity Co
    Sep 9, 2008 $3,300,000 Owner Name Unavailable Owner Name Unavailable Grant Deed · related $8.2M · American Momentum Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $8,465,000
      ML approach
      $8,065,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $7,835,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.5511
    Latitude
    30.2179
    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
    $70,819
    $1,487,575
    $2,403,525
    $3,891,100
    -
    $1,487,575
    $2,403,525
    $3,891,100

    Comparable in this City

    • Value Estimation
      $1,955,000
      15,104 SF

      10899 Baymeadows Rd

      DRUG STORE, PHARMACY
      10899 Baymeadows Rd, Jacksonville, FL 32256-4603
      View Details
    • Value Estimation
      $5,955,000
      15,275 SF

      8325 Baymeadows Rd

      DRUG STORE, PHARMACY
      8325 Baymeadows Rd, Jacksonville, FL 32256-7434
      View Details
    • Value Estimation
      $3,125,000
      21,025 SF

      9041 Southside Blvd Ste, Unit 118

      GROCERY, SUPERMARKET
      9041 Southside Blvd Ste, Jacksonville, FL 32256-8400
      View Details
    • Value Estimation
      $520,000
      3,975 SF

      10910 Baymeadows Rd

      CONVENIENCE STORE
      10910 Baymeadows Rd, Jacksonville, FL 32256
      View Details
    • Value Estimation
      $630,000
      13,480 SF

      8195 Pt Mdws Way

      FINANCIAL BUILDING
      8195 Pt Mdws Way, Jacksonville, FL 32256-9111
      View Details
    • Value Estimation
      $1,730,000
      3,354 SF

      8730 Baymeadows Rd

      FINANCIAL BUILDING
      8730 Baymeadows Rd, Jacksonville, FL 32256-7426
      View Details

    Similar Nearby for Sale

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      Southside Jacksonville Distribution Center

      Master-planned development with office/showroom and warehouse space.
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      3,923 SF

      Retail Property Near Interstate 95

      Retail property with high visibility near major retailers and residential complexes.
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    • $899,000
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      Prime Land on Philips Highway

      1.07 acre commercial land parcel on Philips Highway.
      12252 Philips Hwy, Jacksonville, FL 32256
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      36,870 SF

      Jacksonville Retail Center For Sale

      36,870 SF retail center in a densely populated submarket.
      9041 Southside Blvd, Jacksonville, FL 32256
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    • Contact for pricing
      26,750 SF

      Baymeadows Road Retail Opportunity

      Retail property with high traffic exposure in Jacksonville, Florida.
      8653 Baymeadows Rd, Jacksonville, FL 32256
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    Similar Nearby for Lease

    • Contact for pricing
      3,944 SF

      Freestanding Building on Baymeadows Road

      Freestanding 3,944 SF building with ample parking for rent.
      10925 Baymeadows Rd, Jacksonville, FL 32256
      View Details
    • Contact for pricing
      1,594 SF

      Office/Retail Complex on Baymeadows Road

      Four-building, one-story office/retail complex with on-site restaurants and daycare.
      8380 Baymeadows Rd, Jacksonville, FL 32256
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Jacksonville, FL

      Retail space available in a recently renovated Jacksonville center.
      9942 Old Baymeadows Rd, Jacksonville, FL 32256
      View Details
    • Contact for pricing
      1,714 SF

      Retail Space in Jacksonville Center

      Retail space available in a recently renovated Jacksonville center.
      9930 Old Baymeadows Rd, Jacksonville, FL 32256
      View Details
    • Contact for pricing
      700 SF

      Retail Space in Jacksonville, FL

      Retail space available near major employers and residential communities.
      9940 Old Baymeadows Rd, Jacksonville, FL 32256
      View Details
    • Contact for pricing
      3,019 SF

      Freestanding QSR on Baymeadows Road

      Freestanding 3,019 SF QSR space available for lease.
      8761 Baymeadows Rd, Jacksonville, FL 32256
      View Details
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    Jacksonville, FL 32256-8403
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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.

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