Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    3134 Canal St Jacksonville, FL 32209

    Sponsored
    For Sale
    $2,493,750

    High-yield retail storefront in prime location.

    Property size:
    10,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 10,500-square-foot Family Dollar store located at 3134 N Canal St, Jacksonville, FL 32209. Built in 2023, this single-tenant property boasts a 100% occupancy rate and a strong net operating income (NOI) of $149,625, translating to a 6.00% cap rate. The asking price is $2,493,750, or $237.50 per square foot. The property benefits from a triple-net (NNN) lease, minimizing landlord responsibilities. The tenant, a nationally recognized and highly successful retailer, offers investment-grade stability and resilience against economic downturns and e-commerce competition. The property's strategic location enjoys high visibility and significant traffic volume, with a daily vehicle count exceeding 22,000 on the nearby MLK Pkwy and over 4,100 on N Canal St. This is a rare chance to acquire a high-performing, low-maintenance retail asset with a long-term lease, providing a secure and lucrative investment for years to come. The property is classified as a storefront retail space within Duval County.

    Property Features for 3134 Canal St

    General Information

    Property type
    Individual retail properties
    Square Feet
    10,500 SF

    Building Details

    Year Built
    2023

    HighLights

    • 10+ year lease with a strong, investment‑grade tenant demonstrating resilience to economic downturns and e‑commerce disruption.
    • High‑performing, dual‑branded retail store.
    • MLK Pkwy boasts 22,000+ vehicles per day.
    • N Canal St sees 4,100+ vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dollar Tree General Store Family Dollar Dollar Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.697089068346
    Latitude
    30.357440435742

    Nearby Similar for Sale

    • $3,850,000
      6,336 SF

      Luxury Estate on Secluded Acreage

      Spacious residence on 12.68 acres with pool and studio.
      3010 Starratt Rd, Jacksonville, FL 32226
      View Details
    • $850,000
      9,450 SF

      Jacksonville Commercial Site For Sale

      Income-producing commercial building with diverse tenant potential in Jacksonville, FL.
      715 N Mcduff Ave, Jacksonville, FL 32209
      View Details
    • $669,900
      3,001 SF

      Renovated Multi-Family Home with Dock

      Renovated multi-family home with deep water access and pool.
      5590 La Moya Ave, Jacksonville, FL 32210
      View Details
    • $3,400,000
      22,344 SF

      Jacksonville Office Investment Opportunity

      Professionally managed Class B office building in Salisbury Lakes Business Park.
      4237 Salisbury Rd, Jacksonville, FL 32216
      View Details
    • $313,300
      2,031 SF

      Income-Generating Jacksonville Investment Opportunity

      Two income properties in Jacksonville with potential for additional development.
      717 Virginia St, Jacksonville, FL 32209
      View Details
    • $6,750,000
      14,740 SF

      Jacksonville Industrial Property with Warehouse

      6.45 acre industrial property with office and warehouse buildings.
      12235 New Berlin Rd, Jacksonville, FL 32226
      View Details
    • $800,000
      3,629 SF

      Jacksonville Multifamily Investment Opportunity

      Multifamily property in historic district, all units currently rented.
      2727 Riverside Ave, Jacksonville, FL 32205
      View Details
    • $849,000
      5,823 SF

      Historic Multifamily Home in Springfield

      Historic home with income-generating apartments in Jacksonville's Springfield neighborhood.
      1232 N Laura St, Jacksonville, FL 32206
      View Details
    • $1,475,000
      8,000 SF

      Jacksonville Multifamily Investment Opportunity

      Eight renovated units on four acres with expansion potential.
      123 Mccallman Rd, Jacksonville, FL 32218
      View Details
    • $239,900
      784 SF

      Multifamily Property in Jacksonville, FL

      Two mobile homes on 0.69 acres, grandfathered in.
      173 N Chaffee Rd, Jacksonville, FL 32220
      View Details
    • $729,000
      3,040 SF

      Mixed-Use Property with Luxury Apartment

      Office, warehouse, and luxury apartment in one Jacksonville location.
      2016 Cassat Ave, Jacksonville, FL 32210
      View Details
    • $399,900
      1,219 SF

      Retail Storefront on Beach Boulevard

      Retail storefront building and land in high-traffic location.
      5209 Beach Blvd, Jacksonville, FL 32207
      View Details

    FAQs

    What type of property is this?
    Individual retail property - High-yield retail storefront in prime location.
    Where is this individual retail property located?
    The property is located at 3134 Canal St Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $2,493,750.
    What are key features of this property?
    This property features: 10+ year lease with a strong, investment-grade tenant demonstrating resilience to economic downturns and e-commerce disruption.; High-performing, dual-branded retail store.; MLK Pkwy boasts 22,000+ vehicles per day.
    Request Owner's contact information
    3134 Canal St Jacksonville, FL 32209
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3134 Canal St
    Jacksonville, FL 32209
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3134 Canal St Jacksonville, FL 32209
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.