Freestanding Storefront with Extra
For Sale
$119,000
1363 W 21st St, Jacksonville, FL 32206
Small freestanding commercial building accompanied by an adjoining vacant parcel for parking, outdoor use, or future expansion.
Property Size528 SF
Lot Size0.17 Acres
Price / SF$225.38
Days on Market57
Property Features for 1363 W 21st St
General Information
Standard status
Active
Size
528 SF
Lot size
0.17 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$307
Building Details
Buildings
1
Listing Agency:
UNITED REAL ESTATE GALLERY
(205) 222-2743
Listed By:
TAQUILLA ALLEN
(205) 222-2743
Source:
Exprealty
Added: Jun 10
Changed: Aug 5
Last Checked: Aug 5 at 4:48AM
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 UNITED REAL ESTATE GALLERY
Investment Insights
Based on property information with market context.
This offering combines a freestanding 528-square-foot building at 1363 W 21st St with the adjoining vacant parcel at 0 W 21st St. Together, the two parcels comprise approximately 0.17 acres, giving the property both an existing commercial structure and additional site area. The property is being sold as-is.
The site is in Jacksonville’s Northwest Jacksonville / Moncrief Park area, near Moncrief Rd, Myrtle Ave, MLK Jr. Pkwy, W 20th St Expressway, I-95, and US-1 / Main St. Downtown Jacksonville and Jacksonville International Airport are accessible from the property. Potential applications identified for the site include office, religious, nonprofit, community, professional services, beauty or barber services, and local business operations, subject to zoning and buyer due diligence.
The site is in Jacksonville’s Northwest Jacksonville / Moncrief Park area, near Moncrief Rd, Myrtle Ave, MLK Jr. Pkwy, W 20th St Expressway, I-95, and US-1 / Main St. Downtown Jacksonville and Jacksonville International Airport are accessible from the property. Potential applications identified for the site include office, religious, nonprofit, community, professional services, beauty or barber services, and local business operations, subject to zoning and buyer due diligence.
Key Highlights
- 528 SF freestanding building at 1363 W 21st St
- Adjacent vacant parcel at 0 W 21st St included
- Approximately 0.17 acres of combined site area
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 | $9.5k | $18.00 |
| − Vacancy | −$979 | −$1.85 |
| EGI | $8.5k | $16.15 |
| − OpEx | −$2.6k | −$4.84 |
| NOI | $6.0k | $11.30 |
528 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$85.3K
$74.6K – $99.5K
NOI $5,968 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$144.6K
$126.6K – $168.8K
NOI $10,125 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,281
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Electronics 28%
Family Dollar
Shops & Services
6,042 visits/mo
0.5 miles
Boost Mobile
Electronics
2,725 visits/mo
0.5 miles
U-Haul
Shops & Services
840 visits/mo
0.2 miles
Demographics for 32206, FL
18,283
Population
9,415
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
82%
High-School Grad
6.2 sq mi
ZIP Area
2,949
Density / Sq Mi
$37,585
Median Household Income
$34,353
Median Earnings
$866
Median Rent
$153,500
Median Home Value
Market
Vacancy Rate% for Retail in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Small freestanding commercial building accompanied by an adjoining vacant parcel for parking, outdoor use, or future expansion.
Where is this storefront property located?
The property is located at 1363 W 21st St Jacksonville, FL.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: 528 SF freestanding building at 1363 W 21st St; Adjacent vacant parcel at 0 W 21st St included; Approximately 0.17 acres of combined site area
