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Property profile & analytics
FOR LEASE
Theaters & concert halls

1028 Park St Jacksonville, FL 32204

16,037 SF 0.65 ac lot Built 1927
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US18-0341569
Property summary
AI-generated overview

This exceptional retail space, located in Jacksonville, Florida's vibrant Five Points Historic District, offers 2,500 square feet of contiguous space, divisible to a minimum of 1,350 square feet. Housed within the iconic Five Points Theater Building, originally constructed in 1927 by renowned architect Roy Benjamin, this property boasts a rich history. It served as the location of Florida's first theater to showcase talking pictures, a testament to its enduring legacy. The building's design cleverly incorporated the possibility of reverting to a theater, showcasing forward-thinking planning. Now, this beautifully reimagined space provides modern, urban retail opportunities within a century-old landmark. Situated at 1028 Park St, Jacksonville, FL 32204, in Duval County, this second-generation restaurant space benefits from high foot traffic and a prime location within the bustling Five Points District. The space is ready for immediate occupancy. This is a unique chance to establish a business in a historically significant and highly desirable location.

Property profile
Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1927
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,037 SF
Lot 0.65 ac (28,208 SF)
Zoning code PUD
APN 090418-0000
UPID US18-0341569
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
  • Sun-Ray Cinema Cinema Theater & Performing Art Venue
  • Sun Ray Cinema Drive-In Cinema Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.00M
Owner & transaction history
1028 Park LLC · 2 yrs held
1028 Park LLC
since 2024
Last sale
$7.0M
4 recorded transactions
2024
$7.0M
2004
$2.0M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PUD · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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