Jacksonville Retail Property for
2848 EDGEWOOD Avenue W Jacksonville, FL 32209
2848 EDGEWOOD Avenue W, Jacksonville, FL, 32209
$315,000
Pending
For Sale
$315,000
Pending
Retail property available in Jacksonville, Florida.
Property Size2,520 SF
Days on Market118
Property Features for 2848 EDGEWOOD Avenue W
General Information
- Standard status
- Pending
- Size
- 2,520 SF
Building Details
- Year Built
- 2008
Listing Agency
RE/MAX Blue Coast
(386) 344-0433
Listed by
SANDY KISHTON · License #3063041
(386) 344-0433
Source
Evrealestate
Added: Mar 23 Checked: Jul 17 at 2:17 am
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 RE/MAX Blue Coast
Investment Insights
Based on property information with market context.
This commercial real estate is a storefront property located in Jacksonville, Florida. The property has a size of 2,520 square feet. The property is located at the corner of Edgewood Avenue West and Floradale. From Downtown Jacksonville, take I-95 North to Exit 355 on the right, then turn Left onto Golfair Boulevard, right on Moncrief, and left onto Edgewood Avenue West. The property will be on the left at the corner of Edgewood and Floradale.
Key Highlights
- Central air conditioning and heating for year‑round comfort.
- Enjoy a fenced back yard with privacy.
- Interior storage space available.
Local 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 | $45.4k | $18.00 |
| − Vacancy | −$4.7k | −$1.85 |
| EGI | $40.7k | $16.15 |
| − OpEx | −$12.2k | −$4.84 |
| NOI | $28.5k | $11.30 |
2,520 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$406.9K
$356.0K – $474.7K
NOI $28,482 @ 7.0% cap · market cap 9.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$690.3K
$604.1K – $805.4K
NOI $48,324 @ 7.0% cap · market cap 15.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Young World Child ...
Daycare Center
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Retail property available in Jacksonville, Florida.
Where is this storefront property located?
The property is located at 2848 EDGEWOOD Avenue W Jacksonville, FL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Central air conditioning and heating for year‑round comfort.; Enjoy a fenced back yard with privacy.; Interior storage space available.
