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    813 Lomax St Jacksonville, FL 32204

    Sponsored
    For Sale
    $3,500,000

    Prime Jacksonville Restaurant/Storefront

    Property size:
    5,180 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,180 square foot retail building, located at 813 Lomax St in Jacksonville, Florida's vibrant Five Points neighborhood (zip code 32204), presents a compelling investment opportunity. Currently operating at 100% occupancy, this multi-tenant property boasts a diverse mix of restaurant and storefront businesses, perfectly positioned within a thriving urban community. The asking price is $3,500,000, translating to $675.68 per square foot. The property is zoned CCG-1 and operates under a NNN lease structure. Situated in the heart of Five Points, a nationally recognized historic district and one of Jacksonville's most desirable neighborhoods, this location benefits from a young, growing millennial population and a vibrant mix of retailers, restaurants, and nightlife. Five Points is a true live-work-play destination, offering high foot traffic and strong consumer demand. This property represents a rare chance to acquire a high-performing asset in a rapidly appreciating area of Jacksonville, Florida. The building's size and established tenancy provide immediate cash flow and significant long-term potential. Don't miss this chance to own a piece of Jacksonville's most dynamic and sought-after neighborhoods.

    Property Features for 813 Lomax St

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,180 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Bakery Ribault Bakery

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.680778309594
    Latitude
    30.31370571552

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    FAQs

    What type of property is this?
    Individual retail property - Prime Jacksonville Restaurant/Storefront
    Where is this individual retail property located?
    The property is located at 813 Lomax St Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    Request Owner's contact information
    813 Lomax St Jacksonville, FL 32204
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    Jacksonville, FL 32204
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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
    813 Lomax St Jacksonville, FL 32204
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