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    OFF-MARKET
    Mixed-use properties

    3101 Moncrief Rd, Jacksonville, FL 32209

    Built 1947
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 1947
    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
    Current use
    Occupant on record · Public records
    • Papa Denmark Restaurant Restaurant
    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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