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Income-Producing Retail Property
New
For Sale
$999,900

5428 CLEVELAND Rd, Jacksonville, FL 32209

Existing tenants include laundry and cash-checking uses, with a restaurant planned to open.

Property Size9,000 SF
Days on Market2

Property Features for 5428 CLEVELAND Rd

General Information

Standard status Active
Size 9,000 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $8,423

Building Details

Building Size 9,000 SF
Year Built 1959
Tenancy Multi
Listing Agency: NORTH FLORIDA REALTY ADVISORS
Listed By: STANLEY H BISHOP · License #3131038
Source: Elliman
Added: Sep 18 Last Checked: Sep 19 at 10:30AM

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 NORTH FLORIDA REALTY ADVISORS

Investment Insights

Based on property information with market context.

This retail property at 5428 Cleveland Road in Jacksonville was built in 1959 and currently includes established laundry and cash-checking tenants. A restaurant is planned to open at the property in the coming months, adding another stated component to the tenant mix.

The property is projected to generate a 10%+ capitalization rate. Walk Score is 44, Bike Score is 48, and Transit Score is 37, reflecting car-dependent access with some available transit service.

Key Highlights

  • Projected 10%+ capitalization rate
  • Established laundry tenant
  • Established cash‑checking tenant

Property Analytics

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Current Use

Banners Food Store Specialty Food Shop ATM Atm Amazon Locker - Polask Postal Service

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Pharmacy HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

242
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 67% Dining 27% Groceries 6%
Family Dollar Shops & Services
7,129 visits/mo 0.4 miles
Church's Chicken Dining
7,114 visits/mo 0.5 miles
Dollar General Shops & Services
5,595 visits/mo 0.5 miles
BP Shops & Services
4,711 visits/mo 0.5 miles
Sysco Groceries
1,508 visits/mo 0.2 miles

Demographics for 32209, FL

36,656
Population
17,706
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
82%
High-School Grad
9.3 sq mi
ZIP Area
3,942
Density / Sq Mi
$29,468
Median Household Income
$26,435
Median Earnings
$1,042
Median Rent
$92,300
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

6.3% 2019
7.5% 2020
5.6% 2021
5.5% 2022
5.8% 2023
5.8% 2024
6.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Existing tenants include laundry and cash-checking uses, with a restaurant planned to open.
Where is this retail space located?
The property is located at 5428 CLEVELAND Rd Jacksonville, FL.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Projected 10%+ capitalization rate; Established laundry tenant; Established cash‑checking tenant
More about this property
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