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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

552 Myrtle Ave Jacksonville, FL 32204

0.52 ac lot
Property ID
Property summary
AI-generated overview

This exceptional redevelopment opportunity encompasses two parcels totaling 0.52 acres in Jacksonville's vibrant Railyard District. The property boasts a highly desirable corner location at 552 Myrtle Ave N, 32204, Duval County, Florida. The combined acreage includes two buildings: one approximately 5,079 square feet situated on 0.28 acres (APN: 076304-0100), and a second building of approximately 1,580 square feet on 0.24 acres (APN: 076301-0000). The property is zoned IL, offering considerable flexibility for a variety of commercial uses. Previous uses on the site have included a restaurant, vehicle repair shop, and car wash, demonstrating its adaptability. Benefit from the high foot traffic and visibility afforded by its location directly across the street from Myrtle Ave Brewing and The Glass Factory. This presents a unique chance to capitalize on the area's growth and create a thriving commercial venture. The asking price for this exceptional redevelopment opportunity is $400,000.

Property profile
Verified
Property type Retail properties & Spaces
Lot 0.52 ac (22,651 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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