Restaurant
For Sale
$900,000
10-600 Park St, Jacksonville, FL 32204
An existing restaurant space is situated in Jacksonville’s Brooklyn neighborhood.
Property Size3,144 SF
Price / SF$286.26
Days on Market8
Property Features for 10-600 Park St
General Information
Standard status
Active
Size
3,144 SF
Listing Agency:
THE LEGENDS OF REAL ESTATE
(904) 595-5959
Listed By:
ED SANTIAGO · License #684021
(904) 349-8292
Source:
Exprealty
Added: Sep 30
Changed: Oct 3
Last Checked: Oct 5 at 11:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of THE LEGENDS OF REAL ESTATE
Investment Insights
Based on property information with market context.
This 3,144-square-foot restaurant property is at 10-600 Park St in Jacksonville, Florida. The property is identified as a restaurant and sports grille, with an existing restaurant setup.
Key Highlights
- 3,144 square feet
- Restaurant and sports grille property
- Located at 10‑600 Park St in Jacksonville, Florida
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,858
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$937,160
$937.2K
Cap Rate 7%
$669,400
$669.4K
Cap Rate 9%
$520,644
$520.6K
Market Conditions
NOI Build-Up for 3,144 SF
Gross rent
$67.9K $21.60/SF
− Vacancy
−$5.4K −$1.73/SF
EGI
$62.5K $19.87/SF
− OpEx
−$15.6K −$4.97/SF
NOI
$46.9K $14.90/SF
Area
Jacksonville, FL
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$937,160
Cap Rate 7%
$669,400
Cap Rate 9%
$520,644
Alternative Uses
Best Use
Specialty Retail
$669.4K
$585.7K – $781.0K
NOI $46,858 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$861.3K
$753.6K – $1.00M
NOI $60,289 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,932
Businesses Nearby
85k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Groceries 23%
Shops & Services 18%
Home Improvements & Furnishings 5%
The Fresh Market
Groceries
19,620 visits/mo
0.1 miles
Navy Federal Credit Union
Shops & Services
10,457 visits/mo
0.1 miles
First Watch
Dining
9,812 visits/mo
0.1 miles
Panera Bread
Dining
9,560 visits/mo
0.2 miles
BURGERFI
Dining
9,206 visits/mo
0.1 miles
Demographics for 32204, FL
8,673
Population
5,342
Households
1.6
Avg Household Size
39
Median Age
41%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
3,212
Density / Sq Mi
$54,462
Median Household Income
$47,872
Median Earnings
$1,132
Median Rent
$342,700
Median Home Value
Market
Vacancy Rate% for Retail in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - An existing restaurant space is situated in Jacksonville’s Brooklyn neighborhood.
Where is this conventional restaurant located?
The property is located at 10-600 Park St Jacksonville, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 3,144 square feet; Restaurant and sports grille property; Located at 10‑600 Park St in Jacksonville, Florida
