High-Visibility Retail
5940 MERRILL Road Jacksonville, FL 32277
For Sale
$375,000
COMMERCIAL - Jacksonville, FL
Property Size1,892 SF
Lot Size0.25 Acres
Price / SF$198.20
Days on Market56
Property Features for 5940 MERRILL Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Bathrooms
1
Rooms
Bathroom 1
Parking features
Parking Lot
Standard status
Active
APN
1161000000
Size
1,892 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4442
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public
Building Details
Year built
1963
Floors in Building
1
Number of units
1
Building materials
Concrete, Stucco
Roof type
Shingle
Listing Agency:
KELLER WILLIAMS ST JOHNS
(904) 867-7694
Listed By:
CHRISTINA WELCH · License #3186165
(904) 404-1640
Added: Jun 4
Changed: Jul 17
Last Checked: Jul 29 at 12:06AM
MLS# 2148757
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail storefront property is offered for sale at 5940 Merrill Road in Jacksonville, Florida 32277. The building is positioned to present direct street exposure, supported by dedicated on-site parking designed for straightforward customer and staff access.
The property sits on a high-traffic thoroughfare with substantial street frontage for daily drive-by visibility. It is also located just moments from Jacksonville University, placing it in proximity to students, faculty, and area visitors.
Zoned within the Commercial Community/General-1 (CCG-1) district, the site is described as supporting a wide range of professional, retail, and service establishments, including banks and offices, as well as indoor entertainment facilities. The zoning information provided also indicates community-focused uses such as day care centers, churches, and art studios. Certain specialized operations, including multi-family residential units integrated with permitted uses or nightclubs, may be allowed by exception. This combination of street-facing retail orientation, on-site parking, and flexible CCG-1 zoning can be a practical fit for a tenant or buyer seeking a storefront location for a broad set of retail and professional concepts.
The property sits on a high-traffic thoroughfare with substantial street frontage for daily drive-by visibility. It is also located just moments from Jacksonville University, placing it in proximity to students, faculty, and area visitors.
Zoned within the Commercial Community/General-1 (CCG-1) district, the site is described as supporting a wide range of professional, retail, and service establishments, including banks and offices, as well as indoor entertainment facilities. The zoning information provided also indicates community-focused uses such as day care centers, churches, and art studios. Certain specialized operations, including multi-family residential units integrated with permitted uses or nightclubs, may be allowed by exception. This combination of street-facing retail orientation, on-site parking, and flexible CCG-1 zoning can be a practical fit for a tenant or buyer seeking a storefront location for a broad set of retail and professional concepts.
Key Highlights
- Commercial retail property at 5940 Merrill Rd in Jacksonville, FL (year built 1963)
- Concrete and stucco construction with a shingle roof
- Electric heating; public water and public sewer connections
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 | $34.1k | $18.00 |
| − Vacancy | −$3.5k | −$1.85 |
| EGI | $30.5k | $16.15 |
| − OpEx | −$9.2k | −$4.84 |
| NOI | $21.4k | $11.30 |
1,892 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$305.5K
$267.3K – $356.4K
NOI $21,384 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$518.3K
$453.5K – $604.7K
NOI $36,281 @ 7.0% cap · market cap 9.67%
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 - Street-front retail with dedicated on-site parking and CCG-1 zoning supporting a broad mix of professional and retail uses.
Where is this storefront property located?
The property is located at 5940 MERRILL Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Commercial retail property at 5940 Merrill Rd in Jacksonville, FL (year built 1963); Concrete and stucco construction with a shingle roof; Electric heating; public water and public sewer connections
