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Property profile & analytics
OFF-MARKET
Estimated value
$18,990,000
Warehouses
8340 Merchants Gate Dr 100, Jacksonville, FL 32222-5864
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5839308
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2019
Construction
STEEL FRAME
Total area
122,056 SF
Lot
10.58 ac (460,957 SF)
Zoning code
PUD
APN
016412-0822
UPID
US18-5839308
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
-
Lil Pee Wees Bouncers-N-more Party Supply Store Rental Equipment Company
-
Atlantic Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$17.42M
Comparable Approach
Comparable
$24.00M
Blend (final)
Blend
$18.99M
Owner & transaction history
OAK TREE BRANCH LLC
OAK TREE BRANCH LLC
Zoning & alternative use
PUD · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$30.8M
+110.1%
Medical building
$27.9M
+90.3%
Auto repair, garage
$26.0M
+77.6%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$18,865,000
6.5%
$17,415,000
7%
$16,170,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$14,655,000
Current use
COMMERCIAL (GENERAL)
$30,790,000
Change: +110% · Conversion: Difficult
MEDICAL BUILDING
$27,890,000
Change: +90% · Conversion: Difficult
AUTO REPAIR, GARAGE
$26,030,000
Change: +78% · Conversion: Easy
OFFICE BUILDING
$23,700,000
Change: +62% · Conversion: Difficult
RETAIL STORES
$22,095,000
Change: +51% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$20,145,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$18.99M
Range $17.09M – $20.89M · ±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
$156 / 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
$21,177,900
Assessed 2023
Previous assessed
$15,402,000
+37.5% YoY
Assessed land
$2,319,972
Assessed improvement
$18,857,928
Land market value
$2,319,972
Improvement market value
$18,857,928
Total market value
$21,177,900
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
4
Total area
122,056 SF
Lot
10.58 ac (460,957 SF)
Zoning code
PUD
APN
016412-0822
UPID
US18-5839308
Jurisdiction
DUVAL
Zoning & alternative use
PUD · Jacksonville, FL
Zoning PUD · permitted uses
PUD · 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
WAREHOUSE, STORAGE Current
Est. value
$14.7M
COMMERCIAL (GENERAL)
Est. value
$30.8M
MEDICAL BUILDING
Est. value
$27.9M
AUTO REPAIR, GARAGE
Est. value
$26.0M
OFFICE BUILDING
Est. value
$23.7M
RETAIL STORES
Est. value
$22.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$20.1M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2019
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Lot
10.58 ac
Current owner
From public records · entity-resolved
OAK TREE BRANCH LLC
Entity
Free & Clear · 0 yrs held
Mailing address
7880 GATE PKWY STE #300, JACKSONVILLE, FL 32256-7285
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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