20 9Th St Jacksonville, FL 32206
- Grocery and convenience stores
- 2,695 SF
- 0.24 lot acres
Current Use by Public Records
- Jackson's Uniform Man Inc / Uniform Store
Property Details for 20 9Th St
- Year built
- 1966
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.24 lot acres
- Property size
- 2,695 SF
- Zone code
- CCG-S
- Property type
- Grocery and convenience stores
- APN
- 071813-0010
- APU
- 718130010
Description
This exceptional 3,111 square foot retail property, located at 20 E 9th Street in Jacksonville, Florida's nationally recognized historic Springfield district, presents a rare investment opportunity. Situated on a 0.24-acre lot (APN: 0718130010), this single-tenant building is zoned CCG-S, offering significant potential for a variety of commercial uses. The property boasts convenient features including a walk-in refrigerator, a secure plexiglass-protected office space, an ice-making machine, and a large cooling chest, along with an existing ATM. Its prime location in the urban core, less than a block from Main Street, ensures high visibility and accessibility, making it an ideal location for businesses seeking a thriving urban setting. The absence of a major supermarket in the immediate area creates a unique opportunity to fill a significant market demand. This one-story building offers a blend of utility and convenience, making it an attractive proposition for entrepreneurs and investors alike. The property's existing infrastructure, including the refrigeration and office space, provides a solid foundation for a variety of retail concepts. This is a chance to establish a business in a vibrant, historic neighborhood with excellent foot traffic and accessibility. Don't miss this chance to capitalize on the potential of this unique commercial property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $215,000
- 7%
- $220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $205,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $250,000
- Mixed-Use
- $265,000
- Hospitality
- $220,000
- Educational
- $225,000
- Residential Income
- $255,000
- Energy
- $200,000
- Income-Based Land
- $245,000
- Food Service
- $260,000
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.6533
- Latitude
- 30.3467
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
