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Property profile & analytics
FOR SALE
Retail space

1040 Edgewood Ave N Jacksonville, FL 32254

3,124 SF 0.5 ac lot Built 1985
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US19-0019474
Property summary
AI-generated overview

This exceptional commercial property, located at 1040 Edgewood Avenue North in Jacksonville, Florida, presents a unique investment opportunity. The single-story, 3,179 square foot building, constructed in 1985, sits on a substantial 21,780 square foot lot and is zoned CCG-1. Its prime location on busy Edgewood Avenue ensures high visibility and significant foot traffic, making it ideal for a variety of retail businesses. The property includes ample parking with 19 spaces, a significant advantage in a high-traffic area. Further enhancing its appeal, complete engineering plans for a laundromat are included with the sale, providing a ready-made blueprint for a potential tenant or owner-operator. The seller is open to considering financing options and contributing to the build-out of a laundromat for a qualified buyer, making this an attractive proposition for entrepreneurs seeking a turnkey operation. This property offers a blend of established infrastructure and future potential, making it a compelling investment in a thriving Jacksonville location. The zip code is 32254. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,124 SF
Lot 0.5 ac (21,850 SF)
Zoning code CCG-1
APN 048886-0400
UPID US19-0019474
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Machine Depot LLC · 3 yrs held
Machine Depot LLC
since 2022
Last sale
$485,000
6 recorded transactions
2022
$485,000
2017
Price N/A
2008
Price N/A
2003
$316,000
2001
Price N/A
2001
$425,000
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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