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    5640 Timuquana Rd Jacksonville, FL 32210

    For Sale
    $2,995,000

    Jacksonville Retail Investment Opportunity

    Property size:
    23,810 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional Jacksonville, FL retail investment opportunity presents a 23,810 square foot, multi-tenanted plaza situated on 2.65 acres. The property, comprised of six single-story buildings, boasts 81% occupancy and ample parking (150 spaces, a 6.3/1,000 sq ft ratio). Built in 1983, the property is zoned CO, CCG-1, and PUD, offering flexibility for future development or tenant improvements. Its prime location on Timuquana Road provides easy access to major roadways, including Blanding Boulevard, and places it within close proximity to thriving submarkets such as Ortega, Riverside, and Argyle, as well as the Jacksonville Naval Air Station and Timuquana Country Club. The asking price is $2,995,000. This presents a value-add opportunity for investors to increase profitability by filling vacant spaces and adjusting lease rates to market value. Jacksonville's robust population and employment growth, coupled with its status as a major Florida metro area with no state income tax, makes this a compelling investment prospect. The property's convenient location and ample parking further enhance its appeal. This is a rare chance to acquire a diversified retail asset in a high-growth market.

    Property Features for 5640 Timuquana Rd

    General Information

    Property type
    Retail properties
    Square Feet
    23,810 SF
    Lot Size
    115,434 SF

    Building Details

    Year Built
    1983
    Buildings
    6
    Stories
    1

    HighLights

    • Prime location near Riverside, Ortega, Argyle submarkets, Timuquana Country Club, and Jacksonville Naval Air Station.
    • Significant value‑add potential through lease‑up and rent increases.
    • Investment opportunity in a fast‑growing, no‑state‑income‑tax metro with strong population and job growth.
    • Convenient Timuquana Rd access, ample parking (150 spaces, 6.3/1,000 sf ratio).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Business Services Advantage Business Management Consultant iPhone Guru Inc. Cell Phone Store 2nd 2 None ... Bail Bonds Service Kay Laurice Business ... Website Designer Tricia's Precious Gems Gift Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.7281716
    Latitude
    30.2468508

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    FAQs

    What type of property is this?
    Retail property - Jacksonville Retail Investment Opportunity
    Where is this retail property located?
    The property is located at 5640 Timuquana Rd Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: Prime location near Riverside, Ortega, Argyle submarkets, Timuquana Country Club, and Jacksonville Naval Air Station.; Significant value-add potential through lease-up and rent increases.; Investment opportunity in a fast-growing, no-state-income-tax metro with strong population and job growth.
    (904) 404-4451
    Request Owner's contact information
    5640 Timuquana Rd Jacksonville, FL 32210
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    Jacksonville, FL 32210
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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
    5640 Timuquana Rd Jacksonville, FL 32210
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