Retail Storefront with Flexible
6804 Norwood Avenue Jacksonville, FL 32208
For Sale
$350,000
Commercial storefront on Norwood Avenue with CCG-2 zoning supporting a range of retail and service uses.
Property Size900 SF
Price / SF$388.89
Days on Market602
Property Features for 6804 Norwood Avenue
General Information
- Standard status
- Active
- Size
- 900 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1921
Listing Agency:
DREAMS FULFILLED KATINA PREVAILS REAL ESTATE
(904) 440-6756
Listed By:
KATINA MICKENS · License #3347384
(904) 440-6756
Source:
Compass
Added: Nov 29, 2024
Changed: Jul 23
Last Checked: Jul 23 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 DREAMS FULFILLED KATINA PREVAILS REAL ESTATE
Investment Insights
Based on property information with market context.
This retail storefront property offers a flexible commercial zoning designation under CCG-2, with permitted categories including retail, office, auto dealer/repair, and service-oriented businesses (buyer to verify). The asset benefits from street frontage and high visibility along the established Norwood Avenue commercial corridor.
The site is positioned for convenient access to major roadways and is surrounded by established businesses as well as residential neighborhoods. With its retail-focused frontage and broad use permissions, the property is suited for continued commercial use or for an owner-user or investor looking to evaluate repositioning options under the current zoning.
Buyer to verify permitted uses and any redevelopment requirements.
The site is positioned for convenient access to major roadways and is surrounded by established businesses as well as residential neighborhoods. With its retail-focused frontage and broad use permissions, the property is suited for continued commercial use or for an owner-user or investor looking to evaluate repositioning options under the current zoning.
Buyer to verify permitted uses and any redevelopment requirements.
Key Highlights
- Commercial storefront on Norwood Avenue with 1 story and 900 sq ft building area (per assessor).
- CCG‑2 zoning allows a broad range of commercial uses including retail, office, and auto dealer/repair; buyer to verify permitted uses.
- 3 total bathrooms.
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 | $16.2k | $18.00 |
| − Vacancy | −$1.7k | −$1.85 |
| EGI | $14.5k | $16.15 |
| − OpEx | −$4.4k | −$4.84 |
| NOI | $10.2k | $11.30 |
900 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$145.3K
$127.2K – $169.5K
NOI $10,172 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$246.5K
$215.7K – $287.6K
NOI $17,258 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto Empire Sales ...
Car Dealership
Similar Off Market Nearby
- Tims Same Day Flower Delivery Inc. — 5240 norwood ave, jacksonville, fl 32208
FAQs
What type of property is this?
Storefront property - Commercial storefront on Norwood Avenue with CCG-2 zoning supporting a range of retail and service uses.
Where is this storefront property located?
The property is located at 6804 Norwood Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Commercial storefront on Norwood Avenue with 1 story and 900 sq ft building area (per assessor).; CCG‑2 zoning allows a broad range of commercial uses including retail, office, and auto dealer/repair; buyer to verify permitted uses.; 3 total bathrooms.
