5166 Norwood Ave Jacksonville, FL 32208
This exceptional 29,000 square foot retail space presents a unique investment opportunity in Duval County's thriving Gateway Town Center. Currently vacant, this single-tenant building offers a blank canvas for customization, boasting a convenient grade-level entrance. The property sits on a substantial 17.1-acre lot and features a two-story structure. Its strategic location just off I-95 in the Norwood area ensures high visibility and accessibility. The property benefits from its inclusion within the Gateway Town Center, a vibrant retail hub anchored by national tenants including Winn Dixie, Burlington, Roses, Five Below, Hibbett Sports, Family Dollar, Rainbow, Planet Fitness, Rent-A-Center, and numerous restaurants. This presents a significant advantage for attracting customers and establishing a strong presence. Furthermore, the ongoing redevelopment of Gateway Town Center includes a new two-story indoor self-storage facility and a proposed multifamily residential development, promising increased foot traffic and a revitalized commercial environment. This presents a rare chance to capitalize on the growth and potential of this dynamic location. The "vanilla box" design allows for complete tenant build-out, offering maximum flexibility and customization to suit any retail concept. The substantial lot size also offers potential for future expansion or development. This property is ideal for a variety of retail uses and represents a compelling investment opportunity in a rapidly growing area.
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Stage Aurora Theatrical Theater & Performing Art Venue
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
Similar Nearby for Sale
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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.