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    1040 Edgewood Ave Jacksonville, FL 32254

    For Sale
    $640,000

    Prime Retail Space, 3,179 SF, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial property, located at 1040 Edgewood Avenue North in Jacksonville, Florida, presents a unique investment opportunity. The single-story, 3,179 square foot building, constructed in 1985, sits on a substantial 21,780 square foot lot and is zoned CCG-1. Its prime location on busy Edgewood Avenue ensures high visibility and significant foot traffic, making it ideal for a variety of retail businesses. The property includes ample parking with 19 spaces, a significant advantage in a high-traffic area. Further enhancing its appeal, complete engineering plans for a laundromat are included with the sale, providing a ready-made blueprint for a potential tenant or owner-operator. The seller is open to considering financing options and contributing to the build-out of a laundromat for a qualified buyer, making this an attractive proposition for entrepreneurs seeking a turnkey operation. This property offers a blend of established infrastructure and future potential, making it a compelling investment in a thriving Jacksonville location. The zip code is 32254. Serious inquiries are encouraged.

    Property Features for 1040 Edgewood Ave

    General Information

    Property type
    Land

    Building Details

    Year Built
    1985
    Stories
    1

    HighLights

    • $640,000 asking price.
    • Retail and land property.
    • 3,179 square foot building, built in 1985, one story.
    • Located at 1040 Edgewood Avenue N, Jacksonville, FL 32254.
    • 21,780 square foot lot with 19 parking spaces.
    • Zoned CCG‑1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.7314118
    Latitude
    30.3379161

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    FAQs

    What type of property is this?
    Land - Prime Retail Space, 3,179 SF, High Traffic
    Where is this land located?
    The property is located at 1040 Edgewood Ave Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $640,000.
    What are key features of this property?
    This property features: $640,000 asking price.; Retail and land property.; 3,179 square foot building, built in 1985, one story.
    Request Owner's contact information
    1040 Edgewood Ave Jacksonville, FL 32254
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    Jacksonville, FL 32254
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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
    1040 Edgewood Ave Jacksonville, FL 32254
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