Retail Space with Outdoor
For Sale
$224,900
7854 MONCRIEF DINSMORE Road, Jacksonville, FL 32219
Commercial Sale, Jacksonville, FL
Property Size2,812 SF
Lot Size0.39 Acres
Price / SF$79.98
Days on Market998
Property Features for 7854 MONCRIEF DINSMORE Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Lot features
Cleared
Directions
From I-295, exit onto US-1 South/New Kings Rd for approximately .5 mile. Turn left on Moncrief-Dinsmore Rd and the building will be on your left.
Subdivision
075-Trout River/College Park/Ribault Manor
Standard status
Active
APN
0214170010
Size
2,812 SF
Lot size
0.39 Acres
Utilities
Sewer type
Septic Tank
Heating system
Central
Water source
Public
Amenities
commercial-grade hood system
outdoor patio space
Building Details
Year built
1948
Floors in Building
1
Building materials
Concrete, Stucco
Roof type
Shingle
Listing Agency:
CCARTER REALTY GROUP
(904) 733-3456
Listed By:
STOCKTON L CARTER · License #BK3091365
9047333456x102
Added: Dec 8, 2023
Changed: Aug 31
Last Checked: Sep 1 at 8:06AM
MLS# 1260723
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.
Investment Insights
Based on property information with market context.
This 2,812-square-foot retail property occupies 0.39 acres and features an open interior with a dedicated kitchen area and commercial hood system. Outdoor patio space extends the usable area, while a parking lot supports on-site access. The 1948 building has concrete and stucco construction, central heating, a shingle roof, public water, and a septic tank.
The property is zoned CCG-2 and has a Certificate of Occupancy for 128 people. The zoning supports restaurant, event venue, retail, and daycare uses identified for the property. Located in Jacksonville, the building offers an established commercial footprint with existing food-service infrastructure and multiple functional areas.
The property is zoned CCG-2 and has a Certificate of Occupancy for 128 people. The zoning supports restaurant, event venue, retail, and daycare uses identified for the property. Located in Jacksonville, the building offers an established commercial footprint with existing food-service infrastructure and multiple functional areas.
Key Highlights
- 2,812‑square‑foot retail property on 0.39 acres
- CCG‑2 zoning supports restaurant, event venue, retail, and daycare uses
- Certificate of Occupancy in place for 128 people
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
$15,625
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
6.95%
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%
$312,500
$312.5K
Cap Rate 7%
$223,214
$223.2K
Cap Rate 9%
$173,611
$173.6K
Market Conditions
NOI Build-Up for 2,812 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
$23.6K $8.40/SF
− Vacancy
−$1.3K −$0.46/SF
EGI
$22.3K $7.94/SF
− OpEx
−$6.7K −$2.38/SF
NOI
$15.6K $5.56/SF
Area
Jacksonville, FL
Vacancy
5.50%
Lease Rate
$8.40 /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%
$312,500
Cap Rate 7%
$223,214
Cap Rate 9%
$173,611
Alternative Uses
Best Use
Specialty Retail
$598.7K
$523.9K – $698.5K
NOI $41,910 @ 7.0% cap · market cap 18.63%
Second Best
Retail
$454.0K
$397.3K – $529.7K
NOI $31,782 @ 7.0% cap · market cap 14.13%
Theoretical Best
Office A
$770.3K
$674.0K – $898.7K
NOI $53,923 @ 7.0% cap · market cap 23.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
212
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
5,582 visits/mo
0.5 miles
Dollar General
Shops & Services
5,194 visits/mo
0.5 miles
Demographics for 32219, FL
14,474
Population
5,780
Households
2.5
Avg Household Size
39
Median Age
22%
College-Educated
86%
High-School Grad
71.5 sq mi
ZIP Area
202
Density / Sq Mi
$65,104
Median Household Income
$37,410
Median Earnings
$1,348
Median Rent
$205,100
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?
Retail space - Open-plan commercial space includes a dedicated kitchen area, outdoor patio, and on-site parking lot.
Where is this retail space located?
The property is located at 7854 MONCRIEF DINSMORE Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: 2,812‑square‑foot retail property on 0.39 acres; CCG‑2 zoning supports restaurant, event venue, retail, and daycare uses; Certificate of Occupancy in place for 128 people
