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    OFF-MARKET
    Retail properties & Spaces

    5003 Park St, Jacksonville, FL 32205

    8,663 SF Built 1983
    Property ID
    Property summary
    AI-generated overview

    This 8,663 square foot vacant auto dealership in Jacksonville, FL, is situated on a 1.05-acre corner lot at a signalized intersection of Cassat Avenue and Park Street, boasting over 21,000 AADT. The property, built between 1981 and 1983, features two buildings constructed of concrete, steel, and modular metal, with a 90+ car capacity and ample parking for approximately 100 vehicles. The layout includes 3,131 square feet of office space (finance department) and 5,532 square feet of warehouse space (service department). The property includes one exterior hydraulic car lift. It benefits from a prime location within the Westside Automotive Corridor, near major dealerships such as Chevrolet, Ford, Hyundai, and Nissan. The property is zoned CCG-2 and comprises four contiguous parcels. The previous tenant, FirstSun Auto Center, operated successfully for 17 years, averaging over $2.8 million in annual sales and $300,000 in net cash flow. The asking price for the property is $1,750,000. Additional offerings, including the business and a separate river house, are available for separate purchase. The property is currently vacant and ready for immediate occupancy.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1983
    Total area 8,663 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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