Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Collins Rd Jacksonville, FL 32244

    • Commercial real estate
    • 1.92 lot acres
    OFF-MARKET
    Last Sale
    Nov 19, 2024
    $85,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-7573741
    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

    • Commercial real estate

    Property Details for Collins Rd

    Lot size
    1.92 lot acres
    Zone code
    CO
    Property type
    Commercial real estate
    APN
    099120-0020
    APU
    991200020

    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
    -81.7249
    Latitude
    30.2014
    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
    $4,020
    $221,612
    $2,254
    $223,866
    -
    $221,612
    $2,254
    $223,866

    Comparable in this City

    • Value Estimation by Request

      7143 Collins Rd

      Retail properties & Spaces
      7143 Collins Rd, Jacksonville, FL 32244
      View Details
    • Value Estimation
      $1,420,000
      0.21 Acres

      Yukon Rd

      COMMERCIAL (GENERAL) • 0.21 Acres
      Yukon Rd, Jacksonville, FL 32244
      View Details
    • Value Estimation by Request
      877 SF

      Anderson Rd

      COMMERCIAL (GENERAL) • 877 SF
      Anderson Rd, Jacksonville, FL 32244
      View Details
    • Value Estimation
      $1,205,000
      616 SF

      6728 Blanding Blvd

      COMMERCIAL (GENERAL) • 616 SF
      6728 Blanding Blvd, Jacksonville, FL 32244-3716
      View Details
    • Value Estimation by Request
      2,355 SF

      6678 Blanding Blvd

      COMMERCIAL (GENERAL) • 2,355 SF
      6678 Blanding Blvd, Jacksonville, FL 32244-3714
      View Details
    • Value Estimation
      $1,425,000
      0.31 Acres

      Yukon Rd

      COMMERCIAL (GENERAL) • 0.31 Acres
      Yukon Rd, Jacksonville, FL 32244
      View Details

    Similar Nearby for Sale

    • $799,000
      1.56 Acres

      Multi-Building Commercial Investment

      High-yield Jacksonville property, multiple tenants.
      5508 Wesconnett Blvd, Jacksonville, FL 32244
      View Details
    • Contact for pricing

      Retail Store Building For Sale

      Retail building on 1.1 acres near Jacksonville Naval Air Station.
      5953 Roosevelt Blvd, Jacksonville, FL 32244
      View Details
    • Contact for pricing
      43,324 SF

      Prime Lot Ready for Development

      One-acre lot near NAS, ideal for various commercial uses.
      7215 Golden Wings Rd, Jacksonville, FL 32244
      View Details
    • Contact for pricing
      1,668 SF

      Charming Townhome Near Oakleaf Town

      Move-in ready townhome with garage, close to Oakleaf Town Center.
      8629 Ribbon Falls Ln, Jacksonville, FL 32244
      View Details
    • $1,200,000
      3,570 SF

      Commercial Building with Storage-Warehouse Area

      Commercial building featuring storage-warehouse area and spacious parking lot.
      6310 Blanding Blvd, Jacksonville, FL 32244
      View Details
    • Contact for pricing
      15,610 SF

      Multifamily Property on Firestone Road

      Multifamily property available for sale in Jacksonville, Florida.
      5537 Firestone Rd, Jacksonville, FL 32244
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      3,750 SF

      Industrial Space Available For Lease

      Industrial property with 3,750 square feet available for lease.
      4656 Collins Rd, Jacksonville, FL 32244
      View Details
    • Contact for pricing
      1,500 SF

      Argyle Village Retail Opportunity

      Retail space available in established Jacksonville shopping center.
      6001 Argyle Forest Blvd, Jacksonville, FL 32244
      View Details
    • $16 SF/Yr
      4,228 SF

      Retail Space on Blanding Blvd

      Open floorplan commercial space for lease, suitable for retail/office.
      6336 Blanding Blvd, Jacksonville, FL 32244
      View Details
    • Contact for pricing

      Premier Retail Destination in Jacksonville

      High-visibility retail space in a renovated shopping center.
      6000 Lake Gray Blvd, Jacksonville, FL 32244
      View Details
    • Contact for pricing

      Retail, Office, and Warehouse Space

      Retail, office, and warehouse spaces available for lease.
      8102 Blanding Blvd, Jacksonville, FL 32244
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces ranging from 1,200 to 3,950 SqFt available.
      6331 Roosevelt Blvd, Jacksonville, FL 32244
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Collins Rd
    Jacksonville, FL 32244
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!