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 Market148
Property Features for 1044-1050 Cassat Avenue
General Information
Standard status
Active
Size
7,040 SF
Property subtype
Retail
Zoning
CCG-2
Site & Location
Neighborhood
Hillcrest
Listing Agency:
Pine Street / RPS
Listed By:
Jack Robison · License #SL3480686
(904) 903-6910
Source:
Crexi
Added: Jun 10
Changed: Nov 1
Last Checked: Nov 3 at 4:29AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$79,567
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,591,340
$1.6M
Cap Rate 7%
$1,136,671
$1.1M
Cap Rate 9%
$884,078
$884.1K
Market Conditions
NOI Build-Up for 7,040 SF
Gross rent
$126.7K $18.00/SF
− Vacancy
−$13.1K −$1.85/SF
EGI
$113.7K $16.15/SF
− OpEx
−$34.1K −$4.84/SF
NOI
$79.6K $11.30/SF
Area
Jacksonville, FL
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,591,340
Cap Rate 7%
$1,136,671
Cap Rate 9%
$884,078
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Jacksonville, FL
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
