Grocery Store with Refrigerated
For Sale
$499,900
5209 Beach Boulevard 5209 & 5207 # 5209 & 5207, Jacksonville, FL 32207
Included display cases and a dedicated refrigerated room serve the store’s grocery use.
Property Size1,219 SF
Price / SF$410.09
Days on Market17
Property Features for 5209 Beach Boulevard 5209 & 5207 # 5209 & 5207
General Information
Standard status
Active
Size
1,219 SF
Zoning
Retail
Site & Location
Neighborhood
South Metro
Additional Details
Liquor License
Yes
Taxes and HOA fees
Annual Taxes
$1,835
Amenities
fenced courtyard
large storage room
high end refrigerated room
Laminate
Yes
1
No
Back Yard
Other
Public
0.09
Additional Parking,Parking Lot,Shared Driveway
City Street
Building Details
Year Built
1954
Listing Agency:
FLORIDA HOMES REALTY & MTG LLC
(904) 996-9115
Listed By:
DENISE DEMICO · License #BK669330
(904) 379-0815
Source:
Omalleyrealestate
Added: Oct 16
Changed: Oct 29
Last Checked: Oct 29 at 2:48PM
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 grocery store property includes the land and existing contents. Refrigerator and freezer display cases are part of the sale, along with a refrigerated room and a large storage area. The interior has wood-look tile flooring, and a fenced courtyard sits behind the building. The property dates to 1954 and is zoned Retail.
The store is on Beach Boulevard near Emerson, beside a Dollar General and an Asian food market. Parking features include a parking lot, additional parking, and a shared driveway. Beer, wine, lottery, and cigarette licenses are associated with the business; a new owner must apply to the state to continue them.
The store is on Beach Boulevard near Emerson, beside a Dollar General and an Asian food market. Parking features include a parking lot, additional parking, and a shared driveway. Beer, wine, lottery, and cigarette licenses are associated with the business; a new owner must apply to the state to continue them.
Key Highlights
- 1,219‑square‑foot grocery store property with land and contents included
- Refrigerator and freezer display cases included
- Dedicated refrigerated room and large storage area
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
Lease Details
Yes
Liquor license
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
- SUNRISE — 3597 Emerson St, Jacksonville, FL 32207
- Soriya Food Market — 3561 Emerson St, Jacksonville, FL 32207
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Included display cases and a dedicated refrigerated room serve the store’s grocery use.
Where is this grocery and convenience store located?
The property is located at 5209 Beach Boulevard 5209 & 5207 # 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 grocery store property with land and contents included; Refrigerator and freezer display cases included; Dedicated refrigerated room and large storage area
