101 E 8Th St Jacksonville, FL 32206
For Sale
1 / 28
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CCG-S · Jacksonville, FLJacksonville. Always verify with local authorities before improvements.
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.