Property profile

0 Cassat Ave Jacksonville, FL 32205

OFF-MARKET
Lifestyle centers
21,606 SF 1.61 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 21,606-square-foot retail property ideally situated on a 1.61-acre lot in Jacksonville, Florida. Boasting a prime location with direct access to I-10 at Exit 358, this Class B building offers significant visibility and accessibility. The property features a two-story structure, including a spacious warehouse and showroom area totaling approximately 21,000 square feet. The ground floor includes a well-appointed reception area, kitchen, two bathrooms, and multiple offices. Upstairs, additional office space, a conference room, and another bathroom provide ample room for administrative functions. The property is zoned CCG-2 and is currently owner-occupied, with a potential leaseback option available. Its proximity to downtown Jacksonville, the Jacksonville Port, and major interstate access makes this a highly desirable location for a variety of retail uses. The asking price has been significantly reduced to $2,950,000, representing a compelling price per square foot of $136.54. There is no signage on the property. Note that this property is also listed as part of a portfolio sale.

Property profile

Verified
Property type Lifestyle centers
Total area 21,606 SF
Lot 1.61 ac (70,132 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Cassat Ave Jacksonville, FL 32205
Jacksonville metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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