552 Myrtle Ave Jacksonville, FL 32204
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.