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    Highway 90 Service Garage/Repair Title is generated by Realmo AI

    9100 West Beaver Street, Jacksonville, FL 32220

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    Claim this Listing
    For Sale
    $625,000

    Highly visible service garage/vehicle repair shop on Highway 90.

    Type:Commercial Sale / Mixed Use
    Property size:
    6,500 SF
    Price / SF:
    $96/SF
    Added:
    Oct 5, 2025
    Days on Market:
    239
    Last Refresh:
    Mar 13 at 9:56 am

    Property Features for 9100 West Beaver Street

    General Information

    Standard status
    Active
    Size
    6,500 SF
    Property subtype
    Commercial Sale / Mixed Use

    Building Details

    Year Built
    1947

    We can help!

    Listing Contact
    CHUN TOUCH

    Listing agent CHUN TOUCH License #3166620

    Listing office INI REALTY

    Listing date Oct 5, 2025

    Source Compass

    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 INI REALTY

    HighLights

    • Highway 90 visibility and IL zoning suitable for service garage/vehicle repair or other uses.
    • Large manufacturing space: 30x70 production room with 14 ft ceiling and a 30x50 production room.
    • Updated features: Roofs updated within the last 5 years, AC about 2 years old, and updated electrical panel.
    • Includes 9x10 drive‑in door, fenced yard, containers, and carports.
    • 240/3 panel electrical system.
    • Adjacent to CSX train track.

    Overview

    Located on Highway 90, this property offers significant visibility. The property, zoned IL, is suitable for use as a service garage or vehicle repair shop. The overall coverage is 7972 square feet. The yard is fenced. The property was previously used for manufacturing commercial hitch systems, indicating its adaptability for various industrial purposes. It is located adjacent to a CSX train track. The property includes two large manufacturing rooms in the back. One production room measures 30x70 feet with a 14 ft ceiling and a 9x10 drive-in door. The second production room is 30x50 feet. The property operates on well and septic systems and features a 240/3 panel electrical system. The main and sub electrical boxes were updated a few years ago, and the roofs were updated within the last 5 years. The AC unit is approximately 2 years old. A survey from 2009 is available, but accessory buildings may be outside of the property line. The property is sold as is.
    Location Intelligence

    Current Use by Public Records

    Jiffy Hitch Systems ... Big Box & Wholesale Store Jaguar Recovery Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Storage Facility HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.8062311
    Latitude
    30.3186256

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    FAQs

    What type of property is this?
    Manufacturing property - Highly visible service garage/vehicle repair shop on Highway 90.
    Where is this manufacturing property located?
    The property is located at 9100 West Beaver Street Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: Highway 90 visibility and IL zoning suitable for service garage/vehicle repair or other uses.; Large manufacturing space: **30x70 production room with 14 ft ceiling** and a 30x50 production room.; Updated features: Roofs updated within the last 5 years, AC about 2 years old, and updated electrical panel.
    (904) 501-0349
    We can help!
    Listing Contact
    CHUN TOUCH
    Real Estate License ID: 3166620
    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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