Multi-tenant Retail
For Sale
Contact for pricing
1906 Parental Home Rd, Jacksonville, FL 32216
Fully operational multi-tenant retail property built in 1958 at 1906 Parental Home Rd in Jacksonville’s Southside area.
Property Size7,656 SF
Price / SF$156.74
Days on Market105
Property Features for 1906 Parental Home Rd
General Information
Standard status
Active
Size
7,656 SF
Total Parking Spaces
20
Property subtype
Retail
Zoning
CCG-2
Occupancy
100%
Investment Type
Stabilized
Site & Location
Neighborhood
Hogan
Building Details
Year Built
1958
Year Renovated
2015
Stories
1
Tenancy
Multi
Listing Agency:
Watson Commercial Realty Inc
Listed By:
Paul J. Reed, P.A. · License #FL 3332794
(904) 316-7433
Source:
Crexi
Added: Jul 22
Changed: Nov 2
Last Checked: Nov 1 at 4:13AM
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 Watson Commercial Realty Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This fully operational multi-tenant retail property provides a retail space configuration designed for multiple tenants. The property totals 7,656 SF and was built in 1958.
Located at 1906 Parental Home Rd in Jacksonville, Florida 32216, the building is positioned along the Southside corridor.
For retail users evaluating a multi-tenant environment, the key considerations include the existing tenant-ready nature of the property and the building’s established size and vintage.
Located at 1906 Parental Home Rd in Jacksonville, Florida 32216, the building is positioned along the Southside corridor.
For retail users evaluating a multi-tenant environment, the key considerations include the existing tenant-ready nature of the property and the building’s established size and vintage.
Key Highlights
- 7,656 SF multi‑tenant retail space
- Fully operational multi‑tenant configuration
- Built in 1958
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,530
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,730,600
$1.7M
Cap Rate 7%
$1,236,143
$1.2M
Cap Rate 9%
$961,444
$961.4K
Market Conditions
NOI Build-Up for 7,656 SF
Gross rent
$137.8K $18.00/SF
− Vacancy
−$14.2K −$1.85/SF
EGI
$123.6K $16.15/SF
− OpEx
−$37.1K −$4.84/SF
NOI
$86.5K $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%
$1,730,600
Cap Rate 7%
$1,236,143
Cap Rate 9%
$961,444
Alternative Uses
Best Use
Retail
$1.24M
$1.08M – $1.44M
NOI $86,530 @ 7.0% cap · market cap 7.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.10M
$1.84M – $2.45M
NOI $146,811 @ 7.0% cap · market cap 12.23%
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
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
8,169 visits/mo
0.1 miles
Chevron
Shops & Services
4,365 visits/mo
0.1 miles
Demographics for 32216, FL
42,847
Population
19,796
Households
2.2
Avg Household Size
37
Median Age
32%
College-Educated
92%
High-School Grad
12.7 sq mi
ZIP Area
3,374
Density / Sq Mi
$63,253
Median Household Income
$44,078
Median Earnings
$1,311
Median Rent
$244,800
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
Frequently Asked Questions
What type of property is this?
Retail space - Fully operational multi-tenant retail property built in 1958 at 1906 Parental Home Rd in Jacksonville’s Southside area.
Where is this retail space located?
The property is located at 1906 Parental Home Rd Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 7,656 SF multi‑tenant retail space; Fully operational multi‑tenant configuration; Built in 1958
