5940 MERRILL Road, Jacksonville, FL 32277
COMMERCIAL - Jacksonville, FL
- Added:
- Jun 4, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 5 at 2:06 pm
Property Features for 5940 MERRILL Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 1161000000
- Size
- 1,892 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4442
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Concrete, Stucco
- Roof type
- Shingle
Listing agent CHRISTINA WELCH License #3186165 (904) 404-1640
Listing office KELLER WILLIAMS ST JOHNS 45 Durbin Pavillion Dr Suite 101, St Johns, FL (904) 867-7694
Listing date Jun 4, 2026
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Commercial retail property at 5940 Merrill Rd in Jacksonville, FL (year built 1963)
- Concrete and stucco construction with a shingle roof
- Electric heating; public water and public sewer connections
- On‑site parking lot for customer and staff access
- Commercial Community/General‑1 (CCG‑1) district with permitted uses including professional and retail establishments
- Zoning allows community‑focused uses such as day care centers, churches, and art studios
Overview
The property sits on a high-traffic thoroughfare with substantial street frontage for daily drive-by visibility. It is also located just moments from Jacksonville University, placing it in proximity to students, faculty, and area visitors.
Zoned within the Commercial Community/General-1 (CCG-1) district, the site is described as supporting a wide range of professional, retail, and service establishments, including banks and offices, as well as indoor entertainment facilities. The zoning information provided also indicates community-focused uses such as day care centers, churches, and art studios. Certain specialized operations, including multi-family residential units integrated with permitted uses or nightclubs, may be allowed by exception. This combination of street-facing retail orientation, on-site parking, and flexible CCG-1 zoning can be a practical fit for a tenant or buyer seeking a storefront location for a broad set of retail and professional concepts.
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 | $34.1k | $18.00 |
| − Vacancy | −$3.5k | −$1.85 |
| EGI | $30.5k | $16.15 |
| − OpEx | −$9.2k | −$4.84 |
| NOI | $21.4k | $11.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.597402
- Latitude
- 30.351425
