3101 Moncrief Rd, Jacksonville, FL 32209
This exceptional mixed-use commercial property, located at 3101 Moncrief Road in Jacksonville, Florida, presents a compelling investment opportunity. The property, built in 1947, is a single-story building situated on a substantial 8,276.4 square foot lot. Its prime location on busy Moncrief Road offers excellent visibility and high foot traffic, a highly desirable attribute for business owners. The property is zoned CCG-1. This location benefits from its proximity to the rapidly developing Springfield and downtown Jacksonville areas, with over $2 billion in projected commercial building activity nearby. This anticipated growth is expected to positively impact the value of this property and surrounding area. The property requires a complete build-out, allowing for customization to suit a variety of commercial uses. An adjacent lot (3131 Moncrief Road, .31 acres) is also available for purchase, providing an opportunity to expand the property footprint. This combined offering presents a unique chance to capitalize on Jacksonville's burgeoning commercial real estate market while prices remain relatively affordable. The property's address is 3101 Moncrief Road, Jacksonville, FL 32209.
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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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.