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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8940 San Jose Blvd, Unit 1 Jacksonville, FL 32257-5013

    • Auto shops
    • 2,485 SF
    • 1.86 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4865165
    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.

    Current Use by Public Records

    • Excel Professional Detailing & Fiberglass, Inc. / Boat Repair Shop
    • Goodbys Creek Marine Services / Boat Repair Shop
    • Jax Boat Rentals / Boat Rental Service
    • North Florida Yacht Sales / Boat Storage Facility / Marina

    Property Details for 8940 San Jose Blvd

    Year built
    1984
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.86 lot acres
    Property size
    2,485 SF
    Zone code
    CCG-2
    Property type
    Auto shops
    APN
    152534-0000
    APU
    1525340000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6185
    Latitude
    30.2172
    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
    $0.00
    $793,880
    $164,485
    $958,365
    -
    $793,880
    $164,485
    $958,365

    Comparable in this City

    • Value Estimation by Request
      2,000 SF

      9950 San Jose Blvd

      AUTO REPAIR, GARAGE • 2,000 SF
      9950 San Jose Blvd, Jacksonville, FL 32257-5852
      View Details
    • Value Estimation
      $545,000
      11,400 SF

      9655 Old Saint Augustine Rd

      AUTO REPAIR, GARAGE • 11,400 SF
      9655 Old Saint Augustine Rd, Jacksonville, FL 32257-6037
      View Details
    • Value Estimation
      $545,000
      5,880 SF

      9350 San Jose Blvd

      AUTO REPAIR, GARAGE • 5,880 SF
      9350 San Jose Blvd, Jacksonville, FL 32257-5583
      View Details
    • Value Estimation by Request
      4,987 SF

      3820 Sunbeam Rd

      AUTO REPAIR, GARAGE • 4,987 SF
      3820 Sunbeam Rd, Jacksonville, FL 32257-7533
      View Details
    • Value Estimation
      $1,260,000
      30,000 SF

      5200 Sunbeam Rd

      AUTO REPAIR, GARAGE • 30,000 SF
      5200 Sunbeam Rd, Jacksonville, FL 32257-8189
      View Details
    • Value Estimation
      $1,940,000
      6,382 SF

      9738 San Jose Blvd

      AUTO REPAIR, GARAGE • 6,382 SF
      9738 San Jose Blvd, Jacksonville, FL 32257-5474
      View Details

    Similar Nearby for Sale

    • $875,000
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      Retail Property on San Jose

      Retail property with high visibility on a high-traffic road.
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    • $132,000
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      Established Turnkey Deli & Grill

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      Jacksonville Liquor Business For Sale

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    • $1,999,000
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      Jacksonville Curaleaf NNN Retail

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    • $1,625,000
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      Mandarin Office Buildings For Sale

      Two office buildings in Mandarin, excellent frontage and exposure.
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    • $4,690,000
      4.69 Acres

      Industrial Land in Jacksonville, FL

      4.69 acres of industrial land for sale in Jacksonville.
      5515/5517 Shad Rd, Jacksonville, FL 32257
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    Similar Nearby for Lease

    • $22 SF/Yr
      68,846 SF

      Jacksonville Retail Center

      Prime Retail Space Available in Beauclerc
      9703 San Jose Blvd, Jacksonville, FL 32257
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    • $25 SF/Yr
      5,760 SF

      Prime San Jose Retail Space

      5,760 SF Automotive Service Building
      10211 San Jose Blvd, Jacksonville, FL 32257
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    • Contact for pricing
      2,000 SF

      Retail Space in Mandarin Trade

      Prime retail location in Mandarin's regional trade area.
      11111 San Jose Blvd, Jacksonville, FL 32257
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    • Contact for pricing
      1,233 SF

      Retail Space in Twin Oaks Plaza

      Neighborhood shopping center with health and wellness users.
      5298 Sunbeam Rd, Jacksonville, FL 32257
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    • Contact for pricing
      8,000 SF

      Retail Space on San Jose

      Retail space with high visibility on heavily traveled San Jose.
      11112 San Jose Blvd, Jacksonville, FL 32257
      View Details
    • Contact for pricing
      3,080 SF

      Retail Space in Crown Point

      Retail spaces available in high-traffic Crown Point Plaza.
      10025-10063 San Jose Blvd, Jacksonville, FL 32257
      View Details
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    8940 San Jose Blvd, Unit 1
    Jacksonville, FL 32257-5013
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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.

    More about this property
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