Restaurant Building on Four
8019 DRIGGERS Street Jacksonville, FL 32220
8019 DRIGGERS Street, Jacksonville, FL, 32220
Contact for pricing
For Sale
Contact for pricing
Block construction restaurant building is configured for food service and sits on four lots totaling 0.51 acres.
Property Size1,500 SF
Lot Size0.51 Acres
Price / SF$166.67
Days on Market111
Property Features for 8019 DRIGGERS Street
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Lot size
- 0.51 Acres
- Property subtype
- Business for Sale, Retail
Building Details
- Year Built
- 1988
Listing agency
SELLSTATE JAX REALTY
(904) 982-9478
Listed by
MARK BEAMENDERFER · License #3286937
Source
Crexi
Added: Apr 3 Updated: Jul 21 at 4:24AM Checked: Jul 21 at 4:24AM
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 SELLSTATE JAX REALTY
Investment Insights
Based on property information with market context.
For sale: a 1,500 sq ft block construction restaurant building set up for food service. The property is described as formerly home to a successful BBQ restaurant, and the existing improvements are intended to support restaurant operations while allowing for future adaptation.
The building sits on four lots totaling 0.51 acres, offering room to consider parking, expansion, or redevelopment. The property is located at 8019 DRIGGERS Street in Jacksonville, Florida 32220.
The building sits on four lots totaling 0.51 acres, offering room to consider parking, expansion, or redevelopment. The property is located at 8019 DRIGGERS Street in Jacksonville, Florida 32220.
Key Highlights
- 1,500 sq ft block construction commercial building configured for food service
- Sits on four lots totaling 0.51 acres
- Former BBQ restaurant—already set up for restaurant/food service use
Local Financial Insights For Specialty 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 | $32.4k | $21.60 |
| − Vacancy | −$2.6k | −$1.73 |
| EGI | $29.8k | $19.87 |
| − OpEx | −$7.5k | −$4.97 |
| NOI | $22.4k | $14.90 |
1,500 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$319.4K
$279.5K – $372.6K
NOI $22,356 @ 7.0% cap · market cap 8.94%
Second Best
Industrial
$119.1K
$104.2K – $138.9K
NOI $8,335 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$410.9K
$359.6K – $479.4K
NOI $28,764 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sugar Shack
Nightclub
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Block construction restaurant building is configured for food service and sits on four lots totaling 0.51 acres.
Where is this conventional restaurant located?
The property is located at 8019 DRIGGERS Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,500 sq ft block construction commercial building configured for food service; Sits on four lots totaling 0.51 acres; Former BBQ restaurant—already set up for restaurant/food service use
