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Freestanding Storefront with Adjacent Parcel
For Sale
$119,000

1363 W 21ST Street, Jacksonville, FL 32209

Commercial Sale, Jacksonville, FL

Property Size528 SF
Lot Size0.09 Acres
Price / SF$225.38
Days on Market142

Property Features for 1363 W 21ST Street

General Information

Property type Residential
Property subtype Retail
Parking features Off Street
Lot features Corner Lot
Directions Merge onto US-1 N/Martin Luther King Jr Pkwy Merge onto US-1 N/Martin Luther King Jr Pkwy Turn left at the 2nd cross street onto W 21st St Destination will be on the right
Subdivision 075-Trout River/College Park/Ribault Manor
Standard status Active
APN 0865650000
Size 528 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 308

Utilities

Sewer type Public Sewer

Building Details

Year built 1924
Listing Agency: UNITED REAL ESTATE GALLERY
Listed By: TAQUILLA ALLEN
Added: Jun 9 Changed: Aug 19 Last Checked: Oct 28 at 9:06PM
MLS# 2149693

Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This storefront property combines a +/-528 SF freestanding building at 1363 W 21st St with a neighboring vacant parcel at 0 W 21st St. Together, the parcels comprise approximately 0.17 acres, offering an existing structure plus additional land for parking, outdoor use, expansion, or continued site control. The building was constructed in 1924 and is offered as-is.

The property is positioned near Moncrief Rd, Myrtle Ave, MLK Jr. Pkwy, W 20th St Expressway, I-95, and US-1/Main St, with access to Downtown Jacksonville and Jacksonville International Airport. Potential applications identified for the property include office, religious, nonprofit, community, professional service, beauty or barber, and local business uses, subject to zoning and buyer due diligence. Off-street parking and public sewer service are present.

Key Highlights

  • Two‑parcel offering totaling approximately 0.17 acres
  • Freestanding building measuring +/-528 SF
  • Adjacent vacant parcel at 0 W 21st St

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$5,968
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$119,360 $119.4K
Cap Rate 7%
$85,257 $85.3K
Cap Rate 9%
$66,311 $66.3K
Market Conditions
NOI Build-Up for 528 SF
Gross rent
$9.5K $18.00/SF
− Vacancy
−$979 −$1.85/SF
EGI
$8.5K $16.15/SF
− OpEx
−$2.6K −$4.84/SF
NOI
$6.0K $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%
$119,360
Cap Rate 7%
$85,257
Cap Rate 9%
$66,311

Alternative Uses

Best Use
Retail
$85.3K
$74.6K – $99.5K (±1% cap)
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 (±1% cap)
NOI $10,125 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center HVAC Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 46% Electronics 38% Dining 16%
Family Dollar Shops & Services
6,042 visits/mo 0.3 miles
Boost Mobile Electronics
2,725 visits/mo 0.3 miles
Metro by T-Mobile Electronics
2,280 visits/mo 0.3 miles
Krispy Krunchy Chicken Dining
2,037 visits/mo 0.3 miles

Demographics for 32209, FL

36,656
Population
17,706
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
82%
High-School Grad
9.3 sq mi
ZIP Area
3,942
Density / Sq Mi
$29,468
Median Household Income
$26,435
Median Earnings
$1,042
Median Rent
$92,300
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

6.3% 2019
7.5% 2020
5.6% 2021
5.5% 2022
5.8% 2023
5.8% 2024
6.6% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Two-parcel commercial offering with off-street parking and public sewer service.
Where is this storefront property located?
The property is located at 1363 W 21ST Street 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: Two‑parcel offering totaling approximately 0.17 acres; Freestanding building measuring +/-528 SF; Adjacent vacant parcel at 0 W 21st St
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Includes: Price & PSF · Cap rate · Location · Zoning

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