Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8895 Perimeter Park Blvd Jacksonville, FL 32216-6350
    Back to Search
    Property profile & analytics

    8895 Perimeter Park Blvd, Jacksonville, FL 32216-6350

    View on Map
    • Motels
    • 77,524 SF
    • 10.69 lot acres
    Off-Market
    Last Sale Dec 28, 2023
    $2,900,000
    Property ID
    US19-0470781
    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
    $2,770,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • J&J HOME SERVICES / General Contractor
    • WaterWalk Jacksonville - Deerwood Park / Hotel & Motel / Vacation Rental

    Property Details for 8895 Perimeter Park Blvd

    Year built
    2023
    Lot size
    10.69 lot acres
    Zone code
    PUD
    Property type
    Motels
    APN
    147981-6950
    APU
    1479816950

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 28, 2023 — Ww Jacksonville Perimeter Park LLC Ww Jacksonville Perimeter Park LLC Intrafamily Transfer · related —
    Nov 7, 2019 $2,900,000 Ww Jacksonville Perimeter Park LLC Beaver Dam Development LLC Special Warranty Deed $1.9M · Intrust Bank NA
    Oct 10, 2006 — Beaver Dam Dev LLC North Carolina Life & Health I Grant Deed · related —
    — — Tnb Leasing LLC — Deed Of Trust · related $48k · Oceanside Bank
    — — E-matrix Design INC — Deed Of Trust · related $223k · Regions Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,025,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.5546
    Latitude
    30.2531
    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
    $43,357
    $2,414,620
    $0.00
    $2,414,620
    -
    $2,414,620
    $0.00
    $2,414,620

    Comparable in this City

    • Value Estimation
      $3,565,000
      39,672 SF

      4699 Lenoir S Ave

      MOTEL
      4699 Lenoir S Ave, Jacksonville, FL 32216-4034
      View Details
    • Value Estimation
      $750,000
      19,050 SF

      4300 Salisbury Rd

      MOTEL
      4300 Salisbury Rd, Jacksonville, FL 32216-6124
      View Details
    • Value Estimation
      $4,605,000
      69,701 SF

      8801 Perimeter Park Blvd

      MOTEL
      8801 Perimeter Park Blvd, Jacksonville, FL 32216-6350
      View Details
    • Value Estimation
      $1,515,000
      28,902 SF

      5018 University W Blvd

      MOTEL
      5018 University W Blvd, Jacksonville, FL 32216-5938
      View Details
    • Value Estimation
      $2,655,000
      75,518 SF

      8511 Touchton E Rd

      MOTEL
      8511 Touchton E Rd, Jacksonville, FL 32216-1154
      View Details
    • Value Estimation
      $4,955,000
      4,309 SF

      5649 Cagle Rd

      MOTEL
      5649 Cagle Rd, Jacksonville, FL 32216-5910
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      36,732 SF

      Jacksonville Multifamily Property For Sale

      Multifamily property in Jacksonville, Florida, available for cash purchase.
      7225 Crane Ave, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      6,424 SF

      University Boulevard Commercial Property

      Commercial property available on University Boulevard, Jacksonville, Florida.
      5730 University Boulevard Ct, Jacksonville, FL 32216
      View Details
    • $1,400,000

      Office Building with Loft Mezzanine

      Well-maintained office building with flexible layout in dynamic business corridor.
      8780 Perimeter Park Ct, Jacksonville, FL 32216
      View Details
    • $9,500,000

      Jacksonville Office Building For Sale

      Multi-tenanted office building in Southpoint Office Park.
      6676 Corporate Center Pkwy, Jacksonville, FL 32216
      View Details
    • $350,000
      1.00 Acre

      Residential Land with Creek Access

      One-acre residential lot with creek access in Jacksonville, Florida.
      28 Agnue Ave, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      12,000 SF

      Car Wash on University Blvd

      Full-service car wash on 0.96 acres with frontage.
      5864 University Blvd W, Jacksonville, FL 32216
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      17,647 SF

      Jacksonville Office Sublease Opportunity

      17,647 sq ft Office Space in Southpoint
      4500 Salisbury Rd, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      3,668 SF

      Standalone Office Space with Garage

      Versatile office space with garage, storage, and fenced lot.
      5025 Stepp Ave, Jacksonville, FL 32216
      View Details
    • $22 SF/Yr

      Prominent Southpoint Office Building

      Highly visible office building in Jacksonville's Southpoint submarket available for rent.
      6622 Southpoint Dr South, Jacksonville, FL 32216
      View Details
    • Contact for pricing

      Office Space Near Hart Bridge

      Office space for rent near major Jacksonville hospitals.
      3101 University Blvd S, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      800 SF

      Office Building on Philips Highway

      Office space with ample parking and highway frontage available for rent.
      6251 Philips Hwy, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      1,840 SF

      Flexible Space in Southside Jacksonville

      Industrial/business park location with flexible spaces and convenient access.
      8802 Corporate Square Ct, Jacksonville, FL 32216
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8895 Perimeter Park Blvd
    Jacksonville, FL 32216-6350
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8895 Perimeter Park Blvd, Jacksonville, FL, 32216
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!