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    840 Edgewood Ave Jacksonville, FL 32205

    For Lease
    Contact for pricing

    Jacksonville Retail Opportunity: 10,826 SF Available

    Lot size:
    10,826 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail space, located at 840 Edgewood Ave S in Jacksonville, Florida's vibrant Murray Hill neighborhood (zip code 32205), offers 10,826 square feet on the ground floor of a brand-new mixed-use development. The property sits on a 3.69-acre lot and is part of the four-story Lofts at Murray Hill, a 117-unit residential building featuring 17 studio, 58 one-bedroom, and 42 two-bedroom apartments. This ensures a built-in customer base for your business. The building boasts an impressive array of resident amenities, including a state-of-the-art fitness center, a fun game room, a welcoming hospitality room, a convenient internet cafe, and a unique four-row, 24-seat movie theater for resident movie nights. The retail space is strategically positioned to benefit from high visibility and foot traffic along Edgewood Avenue. The property is zoned CCG-1 in Duval County, offering flexibility for a variety of retail uses. This is a rare opportunity to establish a thriving business within a thriving community. Total retail space in the development is 11,000 square feet, with one space currently available. Don't miss this chance to secure a prime location in a rapidly growing area.

    Property Features for 840 Edgewood Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,826 SF

    Building Details

    Stories
    4

    Unit(s) available at that property

    Space
    1
    Size
    10,826 SF

    HighLights

    • Brand new, four‑story, 117‑unit mixed‑use building with 11,000 SF of ground‑floor retail space on Edgewood Avenue.
    • Pre‑leasing underway; completion expected end of 2021.
    • Excellent walkability and bikeability, plus street parking.
    • 36 dedicated parking spaces in adjacent lot for retail tenants.
    • Prime Murray Hill location offering a vibrant live‑work‑play environment.
    • Steps from numerous restaurants, bars, and shops.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    L & S Delivery ... Trucking Company North Florida Medical ... Medical School Safe Haven of NE ... Association / Organization Capture The Heart Medical Clinic 3 Dog Music Musician

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.7200217
    Latitude
    30.3135341

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    FAQs

    What type of property is this?
    Retail property - Jacksonville Retail Opportunity: 10,826 SF Available
    Where is this retail property located?
    The property is located at 840 Edgewood Ave Jacksonville, FL.
    What are key features of this property?
    This property features: Brand new, four-story, 117-unit mixed-use building with 11,000 SF of ground-floor retail space on Edgewood Avenue.; Pre-leasing underway; completion expected end of 2021.; Excellent walkability and bikeability, plus street parking.
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    840 Edgewood Ave Jacksonville, FL 32205
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