Freestanding Retail Building with Adjacent
1363 W 21ST Street Jacksonville, FL 32209
For Sale
$119,000
SINGLE_FAMILY - Jacksonville, FL
Property Size528 SF
Lot Size0.09 Acres
Price / SF$225.38
Days on Market52
Property Features for 1363 W 21ST Street
General Information
Property type
Residential
Property subtype
Retail
Parking features
Off Street
Standard status
Active
APN
0865650000
Size
528 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
308
Utilities
Sewer type
Public Sewer
Building Details
Year built
1924
Listing Agency:
UNITED REAL ESTATE GALLERY
(904) 500-3948
Listed By:
TAQUILLA ALLEN
(205) 222-2743
Added: Jun 9
Changed: Jun 10
Last Checked: Jul 30 at 7:06AM
MLS# 2149693
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Investment Insights
Based on property information with market context.
This two-parcel offering includes 1363 W 21st St, a small freestanding building, along with the adjacent vacant parcel at 0 W 21st St. Combined, the property creates a small site with flexibility for parking, outdoor use, future expansion, or additional site control. The property is being sold as-is.
The site is located in Northwest Jacksonville near Moncrief Rd, Myrtle Ave, MLK Jr. Pkwy, W 20th St Expressway, I-95, and US-1/Main St, with access to Downtown Jacksonville and Jacksonville International Airport.
The building and additional parcel may fit a variety of uses, including office, religious, nonprofit/community, professional services, beauty/barber, or local business operations, subject to zoning approval and buyer due diligence.
The site is located in Northwest Jacksonville near Moncrief Rd, Myrtle Ave, MLK Jr. Pkwy, W 20th St Expressway, I-95, and US-1/Main St, with access to Downtown Jacksonville and Jacksonville International Airport.
The building and additional parcel may fit a variety of uses, including office, religious, nonprofit/community, professional services, beauty/barber, or local business operations, subject to zoning approval and buyer due diligence.
Key Highlights
- Two‑parcel offering: 1363 W 21st St plus adjacent vacant parcel at 0 W 21st St for an approximately 0.17‑acre combined site
- Freestanding building at 1363 W 21st St with +/-528 SF, built in 1924
- Off‑street parking and public sewer connection
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $9.5k | $18.00 |
| − Vacancy | −$979 | −$1.85 |
| EGI | $8.5k | $16.15 |
| − OpEx | −$2.6k | −$4.84 |
| NOI | $6.0k | $11.30 |
528 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$85.3K
$74.6K – $99.5K
NOI $5,968 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$144.6K
$126.6K – $168.8K
NOI $10,125 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Two-parcel sale includes a small freestanding building and an adjacent vacant lot for parking and future site flexibility.
Where is this storefront property located?
The property is located at 1363 W 21ST Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: Two‑parcel offering: 1363 W 21st St plus adjacent vacant parcel at 0 W 21st St for an approximately 0.17‑acre combined site; Freestanding building at 1363 W 21st St with +/-528 SF, built in 1924; Off‑street parking and public sewer connection
