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Property profile & analytics
FOR SALE
Retail space

101 E 8Th St Jacksonville, FL 32206

2,328 SF 0.06 ac lot Built 1955
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-9943998
Property summary
AI-generated overview

This exceptional retail property, located at 101 E 8TH Street in Jacksonville, Florida, presents a fantastic investment opportunity. Priced at $499,000, this 1955-built building boasts a prime location in the heart of Springfield, just blocks from Main Street and directly across from a new mixed-use development. The current configuration offers significant potential for a variety of businesses. Recent renovations include a completely new roof, improved ceiling insulation for enhanced energy efficiency, a new HVAC system with updated ductwork, and a modern mini-split system for climate control. Plumbing upgrades are also complete, featuring new supply and waste lines in the bathrooms, along with a hand sink, prep sink, three-compartment sink, and a grease trap, making it ideal for food service or similar businesses. The building has been structurally reinforced and is ready for tenant build-out to suit individual business needs. The property is zoned CCG-S, offering flexibility for various commercial uses. While the lot size is not currently specified, the strategic location and recent improvements make this a highly attractive proposition for discerning investors seeking a turn-key retail space in a rapidly developing area. This is a rare chance to acquire a well-maintained, ready-to-occupy commercial property in a vibrant and growing Jacksonville neighborhood.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,328 SF
Lot 0.06 ac (2,687 SF)
Zoning code CCG-S
APN 071835-0000
UPID US18-9943998
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Shake The Dust LLC · 4 yrs held
Shake The Dust LLC
since 2021
Last sale
$270,000
3 recorded transactions
2021
$270,000
2004
$260,000
2004
$100,000
Zoning & alternative use
CCG-S · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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