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    Signalized Corner Retail Space Title is generated by Realmo AI

    777 N Market St, Jacksonville, FL 32202

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    Corner retail opportunity at a fully signalized intersection with strong downtown presence and nearby entertainment venues.

    Type:RETAIL
    Property size:
    6,485 SF
    Added:
    May 29, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 3 at 3:00 am

    Property Features for 777 N Market St

    General Information

    Standard status
    Active
    Size
    6,485 SF
    Property subtype
    RETAIL

    Spaces For Lease

    at 777 N Market St Contact us

    We can help!

    Listing Contact
    Kelly Pulignano
    Kelly Pulignano

    Listing agent Kelly Pulignano License #3370246

    Listing office The Shopping Center Group | Jacksonville

    Listing date May 29, 2026

    Source Moodyscre

    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 Shopping Center Group | Jacksonville

    HighLights

    • Corner retail opportunity at the fully signalized intersection of Market Street and Union Street
    • Located less than 1 mile from Jacksonville sports and entertainment hub: VyStar Veterans, Daily's Place, and EverBank Stadium
    • In the immediate downtown area with approximately 53K daytime employees
    • Less than 2 miles from the $300M future UF Tech and Innovation Campus
    • Close to Emerald Trail, a 30‑mile network of trails, greenways, and parks encircling Jacksonville’s urban core

    Overview

    This retail space is offered for lease and benefits from a prominent corner location at a fully signalized intersection. The property spans 6,485 square feet, providing a flexible footprint for a range of retail concepts that want visibility and easy access from a busy street setting.

    Situated at 777 N Market St in Jacksonville, the location places the property within less than one mile of the city’s sports and entertainment hub, including VyStar Veterans, Daily’s Place, and EverBank Stadium. The immediate downtown area also features approximately 53,000 daytime employees, supporting steady weekday traffic. Additional demand drivers include proximity to the future UF Tech and Innovation Campus, located less than two miles away, as well as the Emerald Trail, a 30-mile network of trails, greenways, and parks that encircles Jacksonville’s urban core.

    This setting is well-suited for tenants seeking retail exposure in a downtown-adjacent environment with recurring destination activity and a built-in commuter base. The combination of a signalized corner and nearby employment and attractions can support consistent customer flow for compatible uses.
    Location Intelligence

    Current Use by Public Records

    Western Union Bank Primo Water Refill ... Big Box & Wholesale Store Jacksonville Refrigerator Rpr Home Appliance Store Cardtronics ATM Atm Harveys Supermarkets Grocery & Convenience Store

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6519303
    Latitude
    30.3309184

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    FAQs

    What type of property is this?
    Retail space - Corner retail opportunity at a fully signalized intersection with strong downtown presence and nearby entertainment venues.
    Where is this retail space located?
    The property is located at 777 N Market St Jacksonville, FL.
    What are key features of this property?
    This property features: Corner retail opportunity at the fully signalized intersection of Market Street and Union Street; Located less than 1 mile from Jacksonville sports and entertainment hub: VyStar Veterans, Daily's Place, and EverBank Stadium; In the immediate downtown area with approximately 53K daytime employees
    (904) 565-2635 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kelly Pulignano
    Kelly Pulignano
    Real Estate License ID: 3370246
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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