End-Unit Retail
For Sale
$499,900
5209 Beach Boulevard #5209 & 5207, Jacksonville, FL 32207
Rear outdoor space, general storage, and a refrigerated room are part of the property.
Property Size1,219 SF
Price / SF$410.09
Days on Market985
Property Features for 5209 Beach Boulevard #5209 & 5207
General Information
Standard status
Active
Size
1,219 SF
Property subtype
Commercial
Zoning
Retail
Site & Location
Neighborhood
South Metro
End Cap
Yes
Taxes and HOA fees
Annual Taxes
$1,835
Amenities
fenced courtyard
large storage room
high end refrigerated room
Building Details
Building Size
1,219 SF
Year Built
1954
Units
1
Listing Agency:
FLORIDA HOMES REALTY & MTG LLC
(904) 996-9115
Listed By:
DENISE DEMICO · License #BK669330
(904) 613-7004
Source:
Dualstaterealestate
Added: Feb 16, 2024
Changed: Oct 26
Last Checked: Oct 26 at 3:35AM
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 FLORIDA HOMES REALTY & MTG LLC
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 1,219-square-foot retail property includes an end-unit storefront, wood-look tile flooring, a storage room, and a refrigerated room. A fenced courtyard is located behind the building. The property was built in 1954 and is offered with the land; contents are not included.
The address is on Beach Boulevard near Emerson in Jacksonville, beside Dollar General and an Asian food market.
The address is on Beach Boulevard near Emerson in Jacksonville, beside Dollar General and an Asian food market.
Key Highlights
- 1,219‑square‑foot end‑unit retail property
- Offered with the land; contents are excluded
- Fenced courtyard behind the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,168
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,360
$363.4K
Cap Rate 7%
$259,543
$259.5K
Cap Rate 9%
$201,867
$201.9K
Market Conditions
NOI Build-Up for 1,219 SF
Gross rent
$26.3K $21.60/SF
− Vacancy
−$2.1K −$1.73/SF
EGI
$24.2K $19.87/SF
− OpEx
−$6.1K −$4.97/SF
NOI
$18.2K $14.90/SF
Area
Jacksonville, FL
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,360
Cap Rate 7%
$259,543
Cap Rate 9%
$201,867
Alternative Uses
Best Use
Specialty Retail
$259.5K
$227.1K – $302.8K
NOI $18,168 @ 7.0% cap · market cap 3.63%
Second Best
Retail
$196.8K
$172.2K – $229.6K
NOI $13,777 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$333.9K
$292.2K – $389.6K
NOI $23,376 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
695
Businesses Nearby
165k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 32%
Groceries 11%
McDonald's
Dining
32,270 visits/mo
0.2 miles
Wawa
Shops & Services
31,907 visits/mo
0.3 miles
Aldi
Groceries
18,435 visits/mo
0.4 miles
Dollar Tree
Shops & Services
16,687 visits/mo
0.3 miles
Circle K
Shops & Services
14,238 visits/mo
0.3 miles
Demographics for 32207, FL
36,207
Population
18,866
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
86%
High-School Grad
11.4 sq mi
ZIP Area
3,176
Density / Sq Mi
$60,875
Median Household Income
$45,478
Median Earnings
$1,139
Median Rent
$254,800
Median Home Value
Market
Vacancy Rate% for Retail in Jacksonville, FL
Similar Off Market Nearby
- Bonnie's Floral Designs — 1850 Emerson St, Jacksonville, FL 32207
Frequently Asked Questions
What type of property is this?
Storefront property - Rear outdoor space, general storage, and a refrigerated room are part of the property.
Where is this storefront property located?
The property is located at 5209 Beach Boulevard #5209 & 5207 Jacksonville, FL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 1,219‑square‑foot end‑unit retail property; Offered with the land; contents are excluded; Fenced courtyard behind the building
