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    1020 Edgewood Ave Jacksonville, FL 32254

    For Lease
    Contact for pricing

    Prime Jacksonville retail space, multiple units available.

    Lot size:
    81,467 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Located in Duval County, Florida, the Commonwealth Shopping Center offers exceptional retail opportunities at 1020 Edgewood Ave N, Jacksonville, FL 32254. This established center boasts a total of 81,467 square feet of retail space, with five units currently available for lease. Individual spaces range from a minimum of 870 square feet to a maximum contiguous space of 1,680 square feet, providing flexibility for various business needs. A total of 2,550 square feet is currently vacant. The property sits on a sizable 6.01-acre lot and offers ample parking with 376 spaces for customers and employees. The property is classified as multi-tenant retail commercial space. Its convenient location in Jacksonville ensures high visibility and accessibility for businesses. This is an excellent opportunity for retailers seeking a well-established location with significant foot traffic potential. The property is ready for immediate occupancy. Interested parties should inquire about available space and lease terms.

    Property Features for 1020 Edgewood Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    81,467 SF

    Unit(s) available at that property

    Space
    Available space 2
    Size
    1,680 SF
    Space
    Outparcel 1
    Size
    1 SF
    Space
    Outparcel 3
    Size
    1 SF
    Space
    Available space 1
    Size
    870 SF
    Space
    Outparcel 2
    Size
    1 SF

    HighLights

    • Commonwealth Shopping Center is strategically located at Edgewood Ave & Commonwealth Ave, near I‑10 and I‑295 interchanges.
    • Join established tenants including Dollar Tree, Rowe's IGA, Hibbett Sporting Goods, Rent‑A‑Center, and Pizza Hut.
    • Available spaces range from 1,045 SF to 1,680 SF.
    • Outparcels offer ground lease or build‑to‑suit opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Top China Chinese Restaurant Edgewood Smoke Shop Tobacco Shop Edgewood Coin Laundry Laundromat Hibbett Sports Shoe Store Pizza Hut Pizza Delivery

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop 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
    -81.7332217
    Latitude
    30.3389891

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    FAQs

    What type of property is this?
    Retail property - Prime Jacksonville retail space, multiple units available.
    Where is this retail property located?
    The property is located at 1020 Edgewood Ave Jacksonville, FL.
    What are key features of this property?
    This property features: Commonwealth Shopping Center is strategically located at Edgewood Ave & Commonwealth Ave, near I-10 and I-295 interchanges.; Join established tenants including Dollar Tree, Rowe's IGA, Hibbett Sporting Goods, Rent-A-Center, and Pizza Hut.; Available spaces range from 1,045 SF to 1,680 SF.
    Request Owner's contact information
    1020 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
    1020 Edgewood Ave Jacksonville, FL 32254
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