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Property profile & analytics
FOR SALE
Warehouses
9451 Craven Rd Jacksonville, FL 32257
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4188498
For Sale
1 / 4
Contact for pricing
9451 Craven Rd, Jacksonville, FL 32257
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1976
Construction
STEEL FRAME
Total area
9,215 SF
Lot
0.47 ac (20,400 SF)
Zoning code
IL
APN
148674-0010
UPID
US18-4188498
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
-
Advance Marine of Jacksonville Car Dealership
-
Celebration Party Rental Party Supply Store Rental Equipment Company
-
Celebration Party Rental - Bounce House Party Supply Store Rental Equipment Company
-
Advance Marine (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$875k
CAP Approach
CAP
$955k
Comparable Approach
Comparable
$624k
Blend (final)
Blend
$870k
Owner & transaction history
V&c Jax LLC · 3 yrs held
V&c Jax LLC
since 2022
Last sale
$900,000
4 recorded transactions
Zoning & alternative use
IL · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Industrial Light (IL) District. The permitted uses and structures, accessory uses and structures, permissible uses by exception, minimum lot and yard requirements, and maximum lot coverage and height of buildings and structures shall be as provided in
Zone name
Industrial Light
General category
INDUSTRIAL
Zone area
16,098.09 ac
Source
Zoning Ordinance
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
$870,000
ML approach
$875,000
CAP Approach
CAP Return
Estimation
6%
$1,035,000
6.5%
$955,000
7%
$890,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,105,000
Current use
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $900k (Nov 1 2022)
Last sale anchor
$900k
Nov 1 2022
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
$94 / 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
$8,705
Tax year 2023
Assessed value
$473,200
Assessed 2023
Previous assessed
$398,700
+18.7% YoY
Effective rate
1.84%
On assessed value
Assessed land
$48,752
Assessed improvement
$424,448
Land market value
$48,752
Improvement market value
$424,448
Total market value
$473,200
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1976
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
3
Rooms
3
Bathrooms
2
Total area
9,215 SF
Lot
0.47 ac (20,400 SF)
Zoning code
IL
APN
148674-0010
UPID
US18-4188498
Jurisdiction
DUVAL
Zoning & alternative use
IL · Jacksonville, FLZoning IL · permitted uses
IL · Jacksonville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Industrial Light (IL) District. The permitted uses and structures, accessory uses and structures, permissible uses by exception, minimum lot and yard requirements, and maximum lot coverage and height of buildings and structures shall be as provided in
Zone name
Industrial Light
General category
INDUSTRIAL
Zone area
16,098.09 ac
Source
Zoning Ordinance
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.1M
WAREHOUSE, STORAGE Current
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
1976
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Rooms
3
Bathrooms
2
Lot
0.47 ac
Current owner
From public records · entity-resolved
V&c Jax LLC
Entity
Mailing address
3819 UN PACIFIC DR W, JACKSONVILLE, FL 32246-6621
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Nov 1, 2022
$900,000
V&c Jax LLC
Advance Marine Of Jacksonvilleinc
Warranty Deed
$675,000 · South State Bank NA
May 18, 2018
—
Advance Marine Of Jacksonville In
Hastings L G Living Trust
Grant Deed
—
Mar 2, 2017
$250,000
Advance Marine Of Jacksonville INC
Gerald Hastings Lewis
Deed
$130,000 · 121 Financial Cu
Mar 2, 2017
—
Advance Marine Of Jacksonville INC
—
Deed
related
$104,000 · 121 Financial Cu
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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