Neighborhood Retail
For Sale
Contact for pricing
1044-1050 Cassat Avenue, Jacksonville, FL 32205
For-sale retail building on Cassat Avenue, offering a dedicated structure for neighborhood-oriented storefront use.
Property Size7,040 SF
Price / SF$141.34
Days on Market57
Property Features for 1044-1050 Cassat Avenue
General Information
Standard status
Active
Size
7,040 SF
Property subtype
Retail
Listing Agency:
Pine Street / RPS
(904) 398-1044
Listed By:
Jack Robison · License #SL3480686
Source:
Crexi
Added: Jun 10
Changed: Jul 10
Last Checked: Aug 2 at 3:20PM
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 Pine Street / RPS
Investment Insights
Based on property information with market context.
This offering is a 7,040 SF retail building for sale. The property is configured as a dedicated retail structure designed to support a storefront-based business.
The building is located on Cassat Avenue on the westside of Jacksonville. The address is 1044-1050 Cassat Avenue, Jacksonville, FL 32205.
Because this is a purpose-built retail property with defined interior space, it can be a practical fit for retailers or other commercial operators seeking a standalone building rather than an in-line suite. The sale provides an opportunity to acquire a dedicated retail asset on a well-trafficked commercial corridor in Jacksonville’s westside area.
The building is located on Cassat Avenue on the westside of Jacksonville. The address is 1044-1050 Cassat Avenue, Jacksonville, FL 32205.
Because this is a purpose-built retail property with defined interior space, it can be a practical fit for retailers or other commercial operators seeking a standalone building rather than an in-line suite. The sale provides an opportunity to acquire a dedicated retail asset on a well-trafficked commercial corridor in Jacksonville’s westside area.
Key Highlights
- 7040 SF retail building for sale
- Located on Cassat Avenue on the Westside off Jacksonville
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 | $126.7k | $18.00 |
| − Vacancy | −$13.1k | −$1.85 |
| EGI | $113.7k | $16.15 |
| − OpEx | −$34.1k | −$4.84 |
| NOI | $79.6k | $11.30 |
7,040 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.14M
$994.6K – $1.33M
NOI $79,567 @ 7.0% cap · market cap 8.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $134,999 @ 7.0% cap · market cap 13.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
865
Businesses Nearby
223k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Dining 29%
Groceries 15%
Apparel 15%
Wawa
Shops & Services
34,862 visits/mo
0.1 miles
Winn-Dixie
Groceries
33,318 visits/mo
0.3 miles
Marshalls
Apparel
29,018 visits/mo
0.3 miles
Taco Bell
Dining
20,395 visits/mo
0.1 miles
Krispy Kreme Doughnuts
Dining
19,703 visits/mo
0.4 miles
Demographics for 32205, FL
29,605
Population
16,188
Households
1.8
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,845
Density / Sq Mi
$60,609
Median Household Income
$43,122
Median Earnings
$1,190
Median Rent
$257,900
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?
Retail space - For-sale retail building on Cassat Avenue, offering a dedicated structure for neighborhood-oriented storefront use.
Where is this retail space located?
The property is located at 1044-1050 Cassat Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 7040 SF retail building for sale; Located on Cassat Avenue on the Westside off Jacksonville
