Property profile

10750 Atlantic Blvd 8 Jacksonville, FL 32225

FOR SALE
Strip malls
Property ID
US19-0312419
15,172 SF 6.36 ac lot Built 1993
Entity Owned 23-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Jacksonville, FL property at 10750 Atlantic Boulevard, zip code 32225, presents a rare opportunity to acquire a well-established and highly respected events and banquet hall. Located in Duval County, this business-only sale offers a turnkey operation with a proven track record spanning over two decades. The property's classification includes retail and land, though the specific lot size is not currently available. The asking price is $825,000. The venue is renowned for its elegance and sophistication, providing a unique and memorable experience for clients. This is a chance to inherit a thriving business with a strong reputation within the Jacksonville community, ready to continue its legacy of providing high-quality event services. The sale includes the established business, offering immediate income potential and the opportunity to build upon its existing success. This is an ideal acquisition for an investor seeking a profitable and prestigious business venture in a prime Jacksonville location. Further details regarding the specific business operations and financial records are available upon request. The property's address is 10750 Atlantic Boulevard, Jacksonville, Florida, 32225. The geographic coordinates are latitude 30.3234024 and longitude -81.5215413.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1993
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,172 SF
Lot 6.36 ac (277,083 SF)
Zoning code CCG-2
APN 162396-0000
UPID US19-0312419

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • Take-out & Catering
  • Restaurant
  • Restaurant
  • Hotel & Motel Resort

Location

10750 Atlantic Blvd, Unit 8 Jacksonville, FL 32225
Jacksonville metro Census 14338 JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.13M

Owner & transaction history

since 2003
2 recorded transactions
2003
$7.7M
1997
$28,000

Zoning & alternative use

CCG-2 · Jacksonville, FL
Zoning description

Commercial Community/General-2 (CCG-2) District. (a) Permitted uses and structures. (1) Commercial Retail Sales and Service Establishments (2) Retail sales of new or used automobiles, trucks and tractors, mobile homes, b…

General category COMMERCIAL
Top alternative use upside
Medical building $3.5M +42.3%
Auto repair, garage $3.2M +32.8%
Office building $2.9M +20.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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