Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Hay Ave Jacksonville, FL 32216
    Property profile & analytics

    Hay Ave, Jacksonville, FL 32216

    View on Map
    • Commercial land
    • 0.20 lot acres
    Off-Market
    Property ID
    US18-7558358
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for Hay Ave

    Lot size
    0.20 lot acres
    Zone code
    CCG-2
    Property type
    Commercial land
    APN
    145250-0000
    APU
    1452500000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 6, 2025 — Hassan Hosseini — Deed · related $175k · Sarah Martina Crimi
    Jul 5, 2024 — Hossan Hosseini — Deed · related $300k · Eddie Brooks Bryan III
    Nov 22, 2022 — Hassan Hosseini — Deed · related $650k · Eddie Brooks Bryan III Revocable Trust
    Oct 15, 2019 — Hassan Hosseini — Deed · related —
    Sep 20, 2012 $185,000 Hassan Hosseini Hiorns,thomas E III Grant Deed —
    Jul 25, 2005 $135,500 Hiorns Rose M Trust Hiorns Thomas E JR Trust Warranty Deed · related —
    — — Hassan Hisseini — Deed Of Trust · related $135k · Eddie B Bryan
    — — Hassan Hosseini — Loan Modification · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.5824
    Latitude
    30.3126
    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
    $423
    $30,144
    $0.00
    $30,144
    -
    $30,144
    $0.00
    $30,144

    Comparable in this City

    • Value Estimation by Request
      0.06 Acres

      3599 University S Blvd

      VACANT COMMERCIAL LAND
      3599 University S Blvd, Jacksonville, FL 32216-4252
      View Details
    • Value Estimation by Request
      0.17 Acres

      Meakie Rd

      VACANT COMMERCIAL LAND
      Meakie Rd, Jacksonville, FL 32216
      View Details
    • Value Estimation by Request
      1.01 Acres

      6945 Philips Hwy, Unit 1

      VACANT COMMERCIAL LAND
      6945 Philips Hwy, Jacksonville, FL 32216-6037
      View Details
    • Value Estimation by Request
      0.20 Acres

      6144 Harvin Rd

      VACANT COMMERCIAL LAND
      6144 Harvin Rd, Jacksonville, FL 32216-4304
      View Details
    • Value Estimation by Request
      0.90 Acres

      5767 Spg Park Rd

      VACANT COMMERCIAL LAND
      5767 Spg Park Rd, Jacksonville, FL 32216-5552
      View Details
    • Value Estimation
      $965,000
      0.71 Acres

      Atlantic Blvd

      VACANT COMMERCIAL LAND
      Atlantic Blvd, Jacksonville, FL 32216
      View Details

    Similar Nearby for Sale

    • $549,000
      1.01 Acres

      Prime Commercial Land Opportunity

      1-acre land with PUD zoning, ideal for automotive businesses.
      5711 Richard St, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      672 SF

      CCG-2 Zoned Commercial Land

      0.98-acre commercial land near expressways, downtown, and beaches.
      112 Arlington Rd N, Jacksonville, FL 32216
      View Details
    • Contact for pricing

      CCG-2 Zoned Commercial Land

      0.98-acre commercial land parcel with versatile usage options.
      112 S Arlington Rd, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      Pending

      CCG-2 Zoned Commercial Land

      0.98-acre commercial land parcel near expressways, downtown, and beaches.
      112 Arlington Rd N, Jacksonville, FL 32216
      View Details
    • $5,400,000
      91.09 Acres

      91 Acres Development Opportunity

      91 acres of commercial land in Jacksonville, Florida.
      W Gate Pkwy, Jacksonville, FL 32216
      View Details
    • Contact for pricing

      Villa Medici Investment Opportunity

      Commercial land for sale in Jacksonville, Florida.
      8539 Gate Pkwy W, Jacksonville, FL 32216
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      3,862 SF

      Waterfront Commercial Space with Dock

      Jacksonville commercial property with dock access and versatile zoning.
      8463 Beach Blvd, Jacksonville, FL 32216
      View Details
    • Contact for pricing

      Southpoint Office Space For Lease

      Office spaces available in landmark Southpoint building near JTB & I-95.
      4500 Salisbury Rd, Jacksonville, FL 32216
      View Details
    • Contact for pricing

      Multi-Suite Office and Warehouse Space

      Office and warehouse spaces available for lease with highway access.
      6500 Bowden Rd, Jacksonville, FL 32216
      View Details
    • Contact for pricing

      Jacksonville Regional Shopping Center Space

      Retail spaces available in Jacksonville Regional Shopping Center.
      3000 Dunn Avenue Ter, Jacksonville, FL 32216
      View Details
    • $17 SF/Yr

      Southpoint Office Space Available

      Office space in Southpoint near I-95 and JTB.
      4237 Salisbury Rd, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      50,000 SF

      Industrial Space Available For Lease

      50,000 SF industrial space for lease on Philips Hwy.
      6100 Philips Hwy, Jacksonville, FL 32216
      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.
    Hay Ave
    Jacksonville, FL 32216
    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

    Thank You for Inquiry
    Hay Ave, Jacksonville, FL, 32216
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!