Alton Avenue Automotive
For Sale
$850,000
7649 ALTON Avenue, Jacksonville, FL 32211
Commercial property suitable for service or automotive business.
Property Size3,820 SF
Lot Size0.29 Acres
Price / SF$222.51
Days on Market805
Property Features for 7649 ALTON Avenue
General Information
Standard status
Active
Size
3,820 SF
Lot size
0.29 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1960
Listing Agency:
CENTURY 21 INTEGRA
(727) 387-6261
Listed By:
DEBBIE FARAH · License #3519428
Source:
Exitrealty
Added: May 23, 2024
Changed: Jul 6
Last Checked: Aug 5 at 5:37AM
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 CENTURY 21 INTEGRA
Investment Insights
Based on property information with market context.
This commercial property is situated on 0.87 acres and offers parking space for over 50 vehicles. The concrete building is reported to be in good condition. The property is suitable for a service company, car, or mechanic business.
Key Highlights
- Great location
- Parking for over 50 cars
- .87 acre lot size
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 | $68.8k | $18.00 |
| − Vacancy | −$7.1k | −$1.85 |
| EGI | $61.7k | $16.15 |
| − OpEx | −$18.5k | −$4.84 |
| NOI | $43.2k | $11.30 |
3,820 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$616.8K
$539.7K – $719.6K
NOI $43,174 @ 7.0% cap · market cap 5.08%
Second Best
Industrial
$303.2K
$265.3K – $353.8K
NOI $21,226 @ 7.0% cap · market cap 2.50%
Theoretical Best
Office A
$1.05M
$915.7K – $1.22M
NOI $73,252 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
49k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Groceries 30%
Dining 29%
Electronics 2%
Harveys Supermarket
Groceries
15,000 visits/mo
0.4 miles
Checkers
Dining
7,491 visits/mo
0.4 miles
Dollar General
Shops & Services
7,332 visits/mo
0.1 miles
Popeyes Louisiana Kitchen
Dining
6,848 visits/mo
0.4 miles
BP
Shops & Services
4,461 visits/mo
0.1 miles
Demographics for 32211, FL
34,168
Population
15,250
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
4,167
Density / Sq Mi
$55,208
Median Household Income
$33,993
Median Earnings
$1,104
Median Rent
$208,900
Median Home Value
Market
Vacancy Rate% for Retail in Jacksonville, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - Commercial property suitable for service or automotive business.
Where is this auto shop located?
The property is located at 7649 ALTON Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Great location; Parking for over 50 cars; .87 acre lot size
