Retail Storefront on Beach
For Sale
$399,900
5209 BEACH Boulevard 5209 & 5207, Jacksonville, FL 32207
End unit retail building and land on high-traffic Beach Boulevard.
Property Size1,219 SF
Price / SF$328.06
Days on Market179
Property Features for 5209 BEACH Boulevard 5209 & 5207
General Information
Standard status
Active
Size
1,219 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$1,835
Building Details
Building Size
1,219 SF
Year Built
1954
Listing Agency:
FLORIDA HOMES REALTY & MTG LLC
(904) 613-7004
Listed By:
DENISE DEMICO · License #BK669330
Source:
Houseandhavenrealty
Added: Feb 26
Changed: Aug 23
Last Checked: Aug 22 at 4:09PM
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
Investment Insights
Based on property information with market context.
This is an end unit retail storefront building with land, situated in a high-traffic location on Beach Boulevard near Emerson, next to a Dollar General and an Asian food market. The property features wood-look tile floors throughout. A fenced courtyard is located at the back, along with a large storage room and a high-end refrigerated room. The property size is 1219 square feet. This property is also listed for sale as building and property only, not including contents.
Key Highlights
- High‑traffic location on Beach Blvd near Emerson, next to Dollar General & Asian Food Market.
- End unit retail store front building and land.
- Fenced‑in courtyard with large storage room.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,777
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$275,540
$275.5K
Cap Rate 7%
$196,814
$196.8K
Cap Rate 9%
$153,078
$153.1K
Market Conditions
NOI Build-Up for 1,219 SF
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.
Gross rent
$21.9K $18.00/SF
− Vacancy
−$2.3K −$1.85/SF
EGI
$19.7K $16.15/SF
− OpEx
−$5.9K −$4.84/SF
NOI
$13.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$275,540
Cap Rate 7%
$196,814
Cap Rate 9%
$153,078
Alternative Uses
Best Use
Retail
$196.8K
$172.2K – $229.6K
NOI $13,777 @ 7.0% cap · market cap 3.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$333.9K
$292.2K – $389.6K
NOI $23,376 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,336
Businesses Nearby
105k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 29%
Groceries 9%
Electronics 3%
McDonald's
Dining
29,696 visits/mo
0.4 miles
Starbucks
Dining
14,185 visits/mo
0.4 miles
ABC Fine Wine & Spirits
Groceries
8,958 visits/mo
0.2 miles
Chipotle Mexican Grill
Dining
7,633 visits/mo
0.4 miles
Arby's
Dining
7,499 visits/mo
0.4 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - End unit retail building and land on high-traffic Beach Boulevard.
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 $399,900.
What are key features of this property?
This property features: High‑traffic location on Beach Blvd near Emerson, next to Dollar General & Asian Food Market.; End unit retail store front building and land.; Fenced‑in courtyard with large storage room.
