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

    9716 San Jose Blvd Jacksonville, FL 32257

    • Banks
    • 18,000 SF
    • 2.41 lot acres
    For Lease
    View listing
    Last Sale
    May 11, 2022
    $3,335,000
    Value Estimations
    $3,070,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-9679956
    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

    • Fifth Third Bank & ATM / Bank / Loan Service
    • Fifth Third Mortgage - Richard Brown / Loan Service / Bank
    • Fifth Third Mortgage - Ingrid Mason / Loan Service / Bank
    • ATM (Fifth Third Bank) / Atm

    Property Details for 9716 San Jose Blvd

    Year built
    1974
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.41 lot acres
    Property size
    18,000 SF
    Zone code
    CCG-2
    Property type
    Banks
    APN
    148969-0010
    APU
    1489690010

    Description

    This exceptional 2.18± acre commercial property presents a rare opportunity in the thriving Mandarin area of Jacksonville, Florida. Located at 9716 San Jose Blvd, this former Fifth Third Bank building sits on a signalized corner at Kori Road, boasting 268 feet of frontage on San Jose Boulevard. The property is zoned CCG-2, allowing for a variety of retail uses, making it highly versatile for prospective buyers. Importantly, a deed restriction prevents future banking operations on the site, opening the door for innovative and diverse commercial ventures. The site's strategic location offers significant advantages, including adjacency to a future Home Depot, ensuring high visibility and foot traffic. San Jose Boulevard experiences a high average annual daily traffic count of 38,500 vehicles, guaranteeing substantial exposure for any business operating here. Furthermore, the surrounding area boasts a strong demographic profile, with an average household income within one mile exceeding $110,580, indicating a robust consumer base. This property is ideal for developers and investors seeking a prime retail location in a rapidly growing market. The single-tenant occupancy offers flexibility for immediate use or redevelopment. This is a truly exceptional opportunity to acquire a highly visible and strategically located commercial property in one of Jacksonville's most desirable areas.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,795,000
      ML approach
      $2,855,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,031,000
      Market price range: $2.76M - $9.55M

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.619
    Latitude
    30.2017
    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
    $52,115
    $1,154,780
    $1,666,220
    $2,821,000
    -
    $1,154,780
    $1,666,220
    $2,821,000

    Comparable in this City

    • Value Estimation
      $1,015,000
      2,820 SF

      10024 San Jose Blvd

      FINANCIAL BUILDING • 2,820 SF
      10024 San Jose Blvd, Jacksonville, FL 32257-5836
      View Details
    • Value Estimation by Request
      9,301 SF

      4675 Sunbeam Rd

      FINANCIAL BUILDING • 9,301 SF
      4675 Sunbeam Rd, Jacksonville, FL 32257-6109
      View Details
    • Value Estimation by Request
      3,729 SF

      10445 San Jose Blvd

      FINANCIAL BUILDING • 3,729 SF
      10445 San Jose Blvd, Jacksonville, FL 32257-6206
      View Details
    • Value Estimation by Request
      4,383 SF

      11025 Old Saint Augustine Rd

      FINANCIAL BUILDING • 4,383 SF
      11025 Old Saint Augustine Rd, Jacksonville, FL 32257-1087
      View Details
    • Value Estimation by Request
      3,233 SF

      9356 San Jose Blvd

      FINANCIAL BUILDING • 3,233 SF
      9356 San Jose Blvd, Jacksonville, FL 32257-5504
      View Details
    • Value Estimation by Request
      2,718 SF

      9550 San Jose Blvd

      FINANCIAL BUILDING • 2,718 SF
      9550 San Jose Blvd, Jacksonville, FL 32257-5432
      View Details

    Similar Nearby for Sale

    • $1,999,000
      2,619 SF

      Jacksonville Curaleaf NNN Retail

      6.37% Cap Rate, Corporate Guaranteed
      9760 San Jose Blvd, Jacksonville, FL 32257
      View Details
    • $875,000
      2,070 SF

      Retail Property on San Jose

      Retail property with high visibility on a high-traffic road.
      9902 San Jose Blvd, Jacksonville, FL 32257
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    • $900,000
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      Jacksonville Liquor Business For Sale

      Profitable liquor business with 3PS license in prime Jacksonville location.
      11250 Old St. Augustine Rd, Jacksonville, FL 32257
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    • $132,000
      2,400 SF

      Established Turnkey Deli & Grill

      Well-established deli & grill restaurant in a high-traffic Jacksonville area.
      9735 Old St Augustine Rd, Jacksonville, FL 32257
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    • $4,690,000
      4.69 Acres

      Industrial Land in Jacksonville, FL

      4.69 acres of industrial land, ideal for various uses.
      5515/5517 Shad Rd, Jacksonville, FL 32257
      View Details
    • $50,000
      0.97 Acres

      Kori Road Retention Pond

      0.97 acre retention pond in Jacksonville, Florida for sale.
      Kori Rd, Jacksonville, FL 32257
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,576 SF

      Medical and Office Space Available

      26,863 SF property undergoing exterior renovation in 2023.
      9759 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
    • 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
    • $22 SF/Yr
      6,000 SF

      San Jose Boulevard Retail Space

      6,000 SF retail building on San Jose Boulevard available for lease.
      12246 San Jose Blvd, Jacksonville, FL 32257
      View Details
    • Contact for pricing
      2,913 SF

      Retail Space in Crown Point

      Retail space with high traffic and pylon signage available.
      10025 San Jose Blvd, Jacksonville, FL 32257
      View Details
    • Contact for pricing
      2,504 SF

      Retail Space in Mandarin Trade

      Retail space in a highly visited Mandarin shopping center.
      11105 San Jose Blvd, Jacksonville, FL 32257
      View Details
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    9716 San Jose Blvd
    Jacksonville, FL 32257
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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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