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    5940 Beach Blvd Jacksonville, FL 32207

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    For Sale
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    54,297 SF, 5.81 Acres, High Traffic

    Property size:
    54,297 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 54,297 square foot commercial property, situated on a 5.81-acre lot at 5940 Beach Boulevard in Jacksonville, Florida, presents a unique redevelopment opportunity. Originally constructed in 1979 as an Albertsons grocery store, the building later served as Rowe's Food Store and, most recently, underwent a multi-million dollar renovation in 2011 to become a first-class higher education facility for Virginia College. The property boasts 297 parking spaces and is zoned CCG-1, offering considerable flexibility for a variety of uses. Its prime location at a busy Jacksonville intersection, with over 60,000 cars passing daily, ensures high visibility and accessibility. The building features pre-cast panels, dock loading doors, and is currently built out as a turnkey educational facility, easily divisible for multiple tenants. Its adaptable design lends itself to conversion into a private university, charter school, private school, grocery store, medical facility, mini-warehouse, office call center, or other retail uses. The property benefits from its central Jacksonville location, close proximity to retail and amenities, and easy access to major freeways including I-95, the Hart Expressway, and I-295. Sale price is available upon request.

    Property Features for 5940 Beach Blvd

    General Information

    Property type
    Specialty properties
    Square Feet
    54,297 SF
    Lot Size
    253,084 SF

    Building Details

    Year Built
    1979
    Stories
    1

    HighLights

    • 5.81‑acre site (253,171 square feet)
    • 297 parking spaces
    • Pre‑cast concrete panel construction
    • Built in 1979
    • Features dock‑high loading doors
    • Currently configured as a turnkey educational facility
    Property Profile Location Intelligence

    Current Use by Public Records

    Jacksonville University Healthcare ... University The Broach School of Jacksonville ... High School

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -81.6033537
    Latitude
    30.2915558

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    FAQs

    What type of property is this?
    Specialty property - 54,297 SF, 5.81 Acres, High Traffic
    Where is this specialty property located?
    The property is located at 5940 Beach Blvd Jacksonville, FL.
    What are key features of this property?
    This property features: 5.81-acre site (253,171 square feet); 297 parking spaces; Pre-cast concrete panel construction
    Request Owner's contact information
    5940 Beach Blvd Jacksonville, FL 32207
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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
    5940 Beach Blvd Jacksonville, FL 32207
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