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Property profile & analytics
FOR LEASE
Retail space
9400 Atlantic Blvd Jacksonville, FL 32246
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-8723369
For Lease
1 / 2
$10.50 SF/Yr
9400 Atlantic Blvd, Jacksonville, FL 32246
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
87,104 SF
Lot
28.81 ac (1,254,931 SF)
Zoning code
CCG-1
APN
123030-1000
UPID
US18-8723369
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.45M
Comparable Approach
Comparable
$7.46M
Blend (final)
Blend
$11.07M
Owner & transaction history
Statebucks Corporation · 2 yrs held
Statebucks Corporation
since 2023
7 recorded transactions
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$16.9M
+7.3%
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%
$16,735,000
6.5%
$15,450,000
7%
$14,345,000
Alternative Use
Use
Estimation
RETAIL STORES
$15,770,000
Current use
OFFICE BUILDING
$16,910,000
Change: +7% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$14,375,000
Change: -9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$13,985,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$11.07M
Range $9.96M – $12.17M · ±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
$127 / 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
$14,339,000
Assessed 2023
Previous assessed
$11,931,100
+20.2% YoY
Assessed land
$5,225,722
Assessed improvement
$9,113,278
Land market value
$5,225,722
Improvement market value
$9,113,278
Total market value
$14,339,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
2
Rooms
75
Bathrooms
254
Total area
87,104 SF
Lot
28.81 ac (1,254,931 SF)
Zoning code
CCG-1
APN
123030-1000
UPID
US18-8723369
Jurisdiction
DUVAL
Zoning & alternative use
CCG-1 · Jacksonville, FL
Zoning CCG-1 · permitted uses
CCG-1 · 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
RETAIL STORES Current
Est. value
$15.8M
OFFICE BUILDING
Est. value
$16.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.0M
RETAIL STORES Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Rooms
75
Bathrooms
254
Lot
28.81 ac
Current owner
From public records · entity-resolved
Statebucks Corporation
Entity
Free & Clear · 2 yrs held
Mailing address
2401 UTAH AVE, SEATTLE, WA 98134-1436
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2023
—
Statebucks Corporation
Brixmor Ia Regency Park Sc LLC
Lease
—
Dec 22, 2010
—
Centro Of Ia Regency Park Sc LLC
—
Deed Of Trust
related
$424,000,000 · Fortress Credit Opportunities
Dec 18, 2007
—
Centro Np Regency Park Sc LLC
—
Deed Of Trust
related
$424,000,000 · J P Morgan Chase Bank
Oct 31, 2007
—
Centro Np Regency Park Sc LLC
New Plan Florida Holdings LLC
Quit Claim Deed
related
—
May 4, 2007
—
New Plan Florida Holdings LLC
New Plan Excel Realty Trust INC
Quit Claim Deed
related
—
Jun 19, 1997
—
New Plan Realty Trust
Regency Park Associates
Grant Deed
related
—
—
—
Michael L Fanto
—
Deed Of Trust
related
$11,890 · Beneficial Florida INC
—
—
Rodell S Delarosa
—
Deed Of Trust
related
$12,000 · Beneficial Florida INC
—
—
Rebecca B Keegan
—
Deed Of Trust
related
$122,850 · Beneficial Florida INC
—
—
William J Hobgood
—
Deed Of Trust
related
$93,252 · Beneficial Florida INC
—
—
William J Hobgood
—
Deed Of Trust
related
$5,000 · Beneficial Florida INC
—
—
Daniel M Highsmith
—
Deed Of Trust
related
$48,512 · Beneficial Florida INC
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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