Church and Car Lot Opportunity

2565 PHILIPS Highway, Jacksonville, FL 32207

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For Sale

$1,100,000

Two buildings available: church and car lot near downtown.

Type:Commercial/Industrial

Property size:

4,945 SF

Lot size:

0.40 Acres

Price / SF:

$222/SF

HighLights

Two buildings for the price of one: church and car lot/dealership
CCG‑2 zoning offers versatile commercial use
Located close to downtown Jacksonville
Large 4945 sq ft church building
Additional 903 sq ft car lot/dealership building
Option to purchase buildings separately

We can help!

Listing Contact

ANTONIO CASSEUS, PA

For Sale

$1,100,000

Two buildings available: church and car lot near downtown.

Type:Commercial/Industrial

Property size:

4,945 SF

Lot size:

0.40 Acres

Price / SF:

$222/SF

Added:: Jan 20, 2025
Days on Market:: 507
Last Refresh:: May 19 at 11:38 pm

Property Features for 2565 PHILIPS Highway

General Information

Standard status: Active
Size: 4,945 SF
Lot size: 0.40 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1946

We can help!

Listing Contact

ANTONIO CASSEUS, PA

Listing agent ANTONIO CASSEUS, PA License #BK3432721

Listing office CASSEUS REALTY CORP

Listing date Jan 20, 2025

Source Exitrealty

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 CASSEUS REALTY CORP

HighLights

Two buildings for the price of one: church and car lot/dealership
CCG‑2 zoning offers versatile commercial use
Located close to downtown Jacksonville
Large 4945 sq ft church building
Additional 903 sq ft car lot/dealership building
Option to purchase buildings separately

Overview

This offering features two buildings. The first building, located at 2565 PHILIPS HWY, is a 4945-square-foot church in Jacksonville, FL 32207. It is zoned CCG-2. The second building, located at 2559 PHILIPS HWY, is a 903-square-foot car lot or dealership. This presents an opportunity to own both buildings, situated close to downtown.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$106.8k	$21.60
− Vacancy	−$8.5k	−$1.73
EGI	$98.3k	$19.87
− OpEx	−$24.6k	−$4.97
NOI	$73.7k	$14.90

4,945 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.05M

$921.3K – $1.23M (±1% cap)

NOI $73,700 @ 7.0% cap · market cap 6.70%

Second Best

Retail

$798.4K

$698.6K – $931.5K (±1% cap)

NOI $55,889 @ 7.0% cap · market cap 5.08%

Theoretical Best

Office A

$1.35M

$1.19M – $1.58M (±1% cap)

NOI $94,825 @ 7.0% cap · market cap 8.62%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Iglesia Adventista del ... Church Okoa Refuge Charitable Organization

Suggested Use

Location Insight

Map
Local Demand

City: Jacksonville
County: Duval
State: Florida
Longitude: -81.6433
Latitude: 30.303

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What type of property is this?

Church & religious facility - Two buildings available: church and car lot near downtown.

Where is this church & religious facility located?

The property is located at 2565 PHILIPS Highway Jacksonville, FL.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Two buildings for the price of one: church and car lot/dealership; CCG‑2 zoning offers versatile commercial use; Located close to downtown Jacksonville