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    3216 University Blvd Jacksonville, FL 32216

    Sponsored
    For Lease
    $20 SF/Yr ($20,000 /Mo)

    High-traffic Southside Jacksonville retail land

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Southside Jacksonville property presents a prime retail or redevelopment opportunity. The 2.83-acre site, located at 3216 University Blvd. S., boasts a 12,000 square foot freestanding building, currently vacant, with a zoning designation of CCG-2, allowing for a wide range of commercial uses. The building, constructed in 1985, previously housed a Piccadilly Cafeteria with a 260-person seating capacity and features a substantial kitchen with multiple hood systems, walk-in cooler, and freezer. The property offers excellent visibility and accessibility with 211 feet of frontage on University Boulevard S. and convenient access via Beach Boulevard. Ample parking is available with 165+ spaces. The property's large size and high-intensity zoning make it ideal for a variety of commercial ventures. The existing building can be removed, providing flexibility for new construction. Property taxes are $1.80 per square foot. The APN is 18304-01851. This is a rare opportunity to acquire a significant commercial property in a high-demand Southside Jacksonville location. The total land area is 123,270 square feet.

    Property Features for 3216 University Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF
    Total Rate
    20000

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    12,000 SF
    Rate per SF
    $20

    HighLights

    • Major Northwest Quadrant signalized intersection.
    • Free‑standing restaurant/retail building (12,000 SF) available for redevelopment; building removal possible.
    • High‑traffic location: 68,000 cars daily.
    • Pylon signage permitted on University & Beach Boulevards.
    • Strong demographics: 78,000 population within a 3‑mile radius, 196,000 within 5 miles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cheap Auto Insurance Auto Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6023919
    Latitude
    30.29401548

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    FAQs

    What type of property is this?
    Restaurant - High-traffic Southside Jacksonville retail land
    Where is this restaurant located?
    The property is located at 3216 University Blvd Jacksonville, FL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Major Northwest Quadrant signalized intersection.; Free-standing restaurant/retail building (12,000 SF) available for redevelopment; building removal possible.; High-traffic location: 68,000 cars daily.
    Request Owner's contact information
    3216 University Blvd Jacksonville, FL 32216
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    Jacksonville, FL 32216
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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
    3216 University Blvd Jacksonville, FL 32216
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