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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Turn key restaurants
8406 Blanding Blvd Jacksonville, FL 32244-5708
Entity Owned
12-yr Hold
Free & Clear
Property ID
US18-9075938
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2012
Construction
WOOD
Total area
6,504 SF
Lot
1.97 ac (85,914 SF)
Zoning code
PUD
APN
099094-1000
UPID
US18-9075938
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
-
Carrabba's Italian Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$749k
Blend (final)
Blend
$570k
Owner & transaction history
Tri City Center LLC · 12 yrs held
Tri City Center LLC
since 2014
4 recorded transactions
Zoning & alternative use
PUD · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$88 / 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
$34,210
Tax year 2023
Assessed value
$1,846,200
Assessed 2023
Previous assessed
$1,647,400
+12.1% YoY
Effective rate
1.85%
On assessed value
Assessed land
$842,265
Assessed improvement
$1,003,935
Land market value
$842,265
Improvement market value
$1,003,935
Total market value
$1,846,200
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2012
Construction
WOOD
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
1
Bathrooms
34
Total area
6,504 SF
Lot
1.97 ac (85,914 SF)
Zoning code
PUD
APN
099094-1000
UPID
US18-9075938
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.
Building & site characteristics
From public records
Year built
2012
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
34
Lot
1.97 ac
Current owner
From public records · entity-resolved
Tri City Center LLC
Entity
Free & Clear · 12 yrs held
Mailing address
2202 NW SHR BLVD FL, TAMPA, FL 33607-5747
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2014
$1,565,000
Tri City Center LLC
Fainbarg II LP
Grant Deed
—
Feb 16, 2011
—
LP Fainbarg II
Fainbarg Family Trust
Quit Claim Deed
related
—
Jan 11, 2005
$1,766,800
Fainbarg Family Trust
Cnl Apf Partners
Grant Deed
—
Jun 24, 1998
$1,465,200
Cnl Apf Partners LP
S & A Properties Corp
Grant Deed
—
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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