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Equipped Restaurant
New
For Sale
$900,000

600 PARK St 10, Jacksonville, FL 32204

The 2024-built property is identified as a restaurant and sports grille.

Property Size3,144 SF
Days on Market7

Property Features for 600 PARK St 10

General Information

Standard status Active
Size 3,144 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $180,756

Building Details

Building Size 3,144 SF
Year Built 2024
Listing Agency: The Legends of Real Estate
Listed By: ED SANTIAGO · License #684021
Source: Elliman
Added: Oct 1 Changed: Oct 3 Last Checked: Oct 5 at 5:35PM

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 The Legends of Real Estate

Investment Insights

Based on property information with market context.

This restaurant property at 600 Park St, Unit 10, was built in 2024 and is described as a sports grille with equipment in place. Its restaurant identity and existing equipment distinguish it from an undeveloped space.

The property is in Jacksonville’s Brooklyn neighborhood. Published mobility scores are 88 for walking, 57 for transit, and 52 for biking, with the respective categories listed as Very Walkable, Good Transit, and Bikeable.

Key Highlights

  • Restaurant and sports grille with equipment in place
  • Built in 2024
  • Walk score: 88, Very Walkable

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,858
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$937,160 $937.2K
Cap Rate 7%
$669,400 $669.4K
Cap Rate 9%
$520,644 $520.6K
Market Conditions
NOI Build-Up for 3,144 SF
Gross rent
$67.9K $21.60/SF
− Vacancy
−$5.4K −$1.73/SF
EGI
$62.5K $19.87/SF
− OpEx
−$15.6K −$4.97/SF
NOI
$46.9K $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%
$937,160
Cap Rate 7%
$669,400
Cap Rate 9%
$520,644

Alternative Uses

Best Use
Specialty Retail
$669.4K
$585.7K – $781.0K (±1% cap)
NOI $46,858 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$861.3K
$753.6K – $1.00M (±1% cap)
NOI $60,289 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Home2 Suites By ... Hotel & Motel

Suggested Use

Top Pick Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith Plumbing 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.

Location Intelligence

Trade Area within ½ mile

1,814
Businesses Nearby
110k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 37% Shops & Services 30% Groceries 18% Hotels & Casinos 5%
The Fresh Market Groceries
19,620 visits/mo 0.5 miles
Wendy's Dining
15,568 visits/mo 0.5 miles
VyStar Credit Union Shops & Services
12,223 visits/mo 0.3 miles
First Watch Dining
9,812 visits/mo 0.5 miles
Another Broken Egg Cafe Dining
7,965 visits/mo 0.4 miles

Demographics for 32204, FL

8,673
Population
5,342
Households
1.6
Avg Household Size
39
Median Age
41%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
3,212
Density / Sq Mi
$54,462
Median Household Income
$47,872
Median Earnings
$1,132
Median Rent
$342,700
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The 2024-built property is identified as a restaurant and sports grille.
Where is this conventional restaurant located?
The property is located at 600 PARK St 10 Jacksonville, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Restaurant and sports grille with equipment in place; Built in 2024; Walk score: 88, Very Walkable
More about this property
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