Cassat Avenue Commercial Property For
For Sale
$1,500,000
1258 Cassat Avenue, Jacksonville, FL 32205
0.81-acre commercial property on Cassat Avenue with existing automotive facility.
Property Size8,195 SF
Lot Size0.81 Acres
Price / SF$183.04
Days on Market196
Property Features for 1258 Cassat Avenue
General Information
Standard status
Active
Size
8,195 SF
Lot size
0.81 Acres
Property subtype
Retail
Building Details
Building Size
8,195 SF
Year Built
1964
Listing Agency:
Millenia Partners
Listed By:
Luke Sawyer · License #3338336
(321) 205-6544
Source:
Millenia-partners
Added: Mar 27
Changed: Oct 2
Last Checked: Oct 7 at 10:34AM
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 Millenia Partners
Investment Insights
Based on property information with market context.
This 0.81-acre commercial property is located on Cassat Avenue, a heavily trafficked commercial corridor in West Jacksonville. The site includes an existing automotive-oriented facility with an operating business. The listing price includes the business goodwill. The property features street frontage, visibility, and access to major roadways serving the Jacksonville metro area. The parcel size and zoning provide flexibility for commercial uses, including continued automotive operation, redevelopment, or repositioning for an owner-user or investor. The location is suitable for owner-operators seeking a turnkey location with existing operations, investors looking for land with income and redevelopment optionality, and buyers seeking a commercial site along an established corridor. The property has a high-visibility location with strong daily traffic counts. Additional details are available upon request with execution of a confidentiality agreement. The property size is 8195 square feet.
Key Highlights
- High‑visibility 0.81‑acre commercial property on heavily trafficked Cassat Avenue.
- Existing automotive‑oriented facility with an active business included in the sale (goodwill).
- Flexibility for continued automotive operation, redevelopment, or repositioning.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,622
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,852,440
$1.9M
Cap Rate 7%
$1,323,171
$1.3M
Cap Rate 9%
$1,029,133
$1.0M
Market Conditions
NOI Build-Up for 8,195 SF
Gross rent
$147.5K $18.00/SF
− Vacancy
−$15.2K −$1.85/SF
EGI
$132.3K $16.15/SF
− OpEx
−$39.7K −$4.84/SF
NOI
$92.6K $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%
$1,852,440
Cap Rate 7%
$1,323,171
Cap Rate 9%
$1,029,133
Alternative Uses
Best Use
Retail
$1.32M
$1.16M – $1.54M
NOI $92,622 @ 7.0% cap · market cap 6.17%
Second Best
Industrial
$650.5K
$569.2K – $758.9K
NOI $45,536 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$2.24M
$1.96M – $2.62M
NOI $157,147 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
15k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Butler Toyota Jacksonville
Shops & Services
4,966 visits/mo
0.1 miles
Advance Auto Parts
Shops & Services
3,821 visits/mo
0.4 miles
Enterprise Rent-A-Car
Shops & Services
3,433 visits/mo
0.4 miles
Byrider
Shops & Services
1,276 visits/mo
0.1 miles
Gerber Collision & Glass
Shops & Services
613 visits/mo
0.2 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
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Similar Off Market Nearby
- Enterprise Rent-A-Car — 1430 Cassat Ave, Jacksonville, FL 32205
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- Hertz Car Rental - Jacksonville - Fidelity Jacksonville HLE — 1165 Cassat Ave, Jacksonville, FL 32205
- Hertz - Uber Jacksonville Cassat — 1107 Cassat Ave, Jacksonville, FL 32205
- Dollar Car Rental - Dsh Jacksonville West DLE — 1107 Cassat Ave, Jacksonville, FL 32205
Frequently Asked Questions
What type of property is this?
Automotive property - 0.81-acre commercial property on Cassat Avenue with existing automotive facility.
Where is this automotive property located?
The property is located at 1258 Cassat Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: High‑visibility 0.81‑acre commercial property on heavily trafficked Cassat Avenue.; Existing automotive‑oriented facility with an active business included in the sale (goodwill).; Flexibility for continued automotive operation, redevelopment, or repositioning.
