New search
Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Distribution centers
8774 4th Ave, Jacksonville, FL 32208-2646
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3772020
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1978
Construction
STEEL FRAME
Total area
21,030 SF
Lot
1.65 ac (72,088 SF)
Zoning code
IL
APN
036232-0000
UPID
US18-3772020
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
-
Crystal Springs Water Delivery Service 2080 Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$815k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$705k
Owner & transaction history
Jenkins & Jenkins LLC · 4 yrs held
Jenkins & Jenkins LLC
since 2021
Last sale
$650,000
5 recorded transactions
Zoning & alternative use
IL · 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
$705,000
ML approach
$815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $650k (Aug 6 2021)
Last sale anchor
$650k
Aug 6 2021
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
$34 / 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
$12,461
Tax year 2023
Assessed value
$690,900
Assessed 2023
Previous assessed
$560,098
+23.4% YoY
Effective rate
1.80%
On assessed value
Assessed land
$149,044
Assessed improvement
$541,856
Land market value
$149,044
Improvement market value
$541,856
Total market value
$690,900
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1978
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Units
7
Rooms
7
Bathrooms
12
Total area
21,030 SF
Lot
1.65 ac (72,088 SF)
Zoning code
IL
APN
036232-0000
UPID
US18-3772020
Jurisdiction
DUVAL
Zoning & alternative use
IL · Jacksonville, FL
Zoning IL · permitted uses
IL · 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
1978
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
7
Rooms
7
Bathrooms
12
Lot
1.65 ac
Current owner
From public records · entity-resolved
Jenkins & Jenkins LLC
Entity
Mailing address
86 COLUMBIA DR, POOLER, GA 31322-8504
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Aug 6, 2021
$650,000
Jenkins & Jenkins LLC
Concierge & Property Management LLC
Warranty Deed
—
Mar 27, 2019
$390,000
Concierge & Property Mgmt LLC
Ds Services Of America INC
Grant Deed
—
Jan 25, 2007
—
Ds Waters Of America INC
—
Deed Of Trust
related
$80,000,000 · General Electric Capital Corp
—
—
Ds Waters Of America INC
—
Deed Of Trust
related
$515,000,000 · Credit Suisse Ag
—
—
Ds Waters Of America INC
—
Deed Of Trust
related
$70,000,000 · General Electric Capital Corp
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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