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    Property profile & analytics

    9491 Baymeadows Rd Jacksonville, FL 32256-7901

    • Car washes
    • 6,268 SF
    • 1.38 lot acres
    OFF-MARKET
    Last Sale
    Jun 02, 2022
    $4,000,000
    Value Estimations
    $3,350,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US19-0736083
    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

    • LUV Car Wash / Car Wash
    • Baywash Car Wash / Car Wash

    Property Details for 9491 Baymeadows Rd

    Year built
    1999
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.38 lot acres
    Property size
    6,268 SF
    Zone code
    PUD
    Property type
    Car washes
    APN
    148521-0000
    APU
    1485210000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,350,000
      ML approach
      $3,875,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.5613
    Latitude
    30.2218
    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
    $20,148
    $395,709
    $696,415
    $1,092,124
    -
    $395,709
    $696,415
    $1,092,124

    Comparable in this City

    • Value Estimation
      $330,000
      1,248 SF

      9143 Baymeadows Rd

      CAR WASH - AUTOMATED • 1,248 SF
      9143 Baymeadows Rd, Jacksonville, FL 32256-7705
      View Details
    • Value Estimation
      $480,000
      4,360 SF

      8771 Baymeadows Rd

      CAR WASH • 4,360 SF
      8771 Baymeadows Rd, Jacksonville, FL 32256-7425
      View Details
    • Value Estimation
      $225,000
      100 SF

      7800 Pt Mdws Dr, Unit 2

      RESIDENTIAL PARKING GARAGE • 100 SF
      7800 Pt Mdws Dr, Jacksonville, FL 32256-4606
      View Details
    • Value Estimation
      $215,000
      100 SF

      7701 Baymeadows Cir Wp122

      RESIDENTIAL PARKING GARAGE • 100 SF
      7701 Baymeadows Cir Wp122, Jacksonville, FL 32256-7794
      View Details
    • Value Estimation
      $220,000
      100 SF

      7701 Baymeadows W Cir, Unit 127

      RESIDENTIAL PARKING GARAGE • 100 SF
      7701 Baymeadows W Cir, Jacksonville, FL 32256-7794
      View Details
    • Value Estimation
      $220,000
      100 SF

      7701 Baymeadows W Cir, Unit 128

      RESIDENTIAL PARKING GARAGE • 100 SF
      7701 Baymeadows W Cir, Jacksonville, FL 32256-7794
      View Details

    Similar Nearby for Sale

    • $940,000
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      Jacksonville Office Building: Prime Location

      New Construction, 3,993 sq ft Office
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      Retail Property Near Interstate 95

      Retail property with high visibility near major retailers and residential complexes.
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    • $11,870,000
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      Jacksonville Retail Center For Sale

      36,870 SF retail center in a densely populated submarket.
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    • Contact for pricing
      0.88 Acres

      Prime Jacksonville Commercial Land

      0.88-acre parcel, ideal QSR/retail.
      0 Bentley Rd, Jacksonville, FL 32256
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    • Contact for pricing
      51.00 Acres

      Prime Jacksonville Land Development

      51 acres, ideal commercial/residential
      0 Cor Of Mclaurin Rd And Mclaurin Rd, Jacksonville, FL 32256
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    • $60,000
      0.25 Acres

      Land in Quiet Jacksonville Community

      Over a quarter acre near dining and shopping in Jacksonville.
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    Similar Nearby for Lease

    • $24 SF/Yr
      31,268 SF

      Gran Park Office Suites, Jacksonville

      Class A Office Space, Flexible Sizes, Prime Location
      10199 Southside Blvd, Jacksonville, FL 32256
      View Details
    • $288 SF/Yr
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      Prime Jacksonville Office Space

      Class A Office Suites, Southside Location
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      1,600 SF

      Retail Center at Gate Parkway

      Neighborhood retail center in Jacksonville's expanding southeast market.
      7840 Gate Pkwy, Jacksonville, FL 32256
      View Details
    • Contact for pricing
      1,400 SF

      Anchored Shopping Center Space

      Retail space available in Jacksonville, Florida shopping center.
      9550 Baymeadows Rd, Jacksonville, FL 32256
      View Details
    • Contact for pricing
      3,944 SF

      Freestanding Building on Baymeadows Road

      Freestanding 3,944 SF building with ample parking for rent.
      10925 Baymeadows Rd, Jacksonville, FL 32256
      View Details
    • Contact for pricing
      4,124 SF

      Office/Retail Complex on Baymeadows Road

      Four-building, one-story office/retail complex with on-site restaurants and daycare.
      8380 Baymeadows Rd, Jacksonville, FL 32256
      View Details
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    Jacksonville, FL 32256-7901
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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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