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    1195 Edgewood Ave Jacksonville, FL 32205

    • Parking lots & garages
    • 0.48 lot acres
    For Lease
    View listing
    $32 SF/Yr
    Value Estimation
    $605,000
    Last Sale
    Jun 17, 2024
    $600,000
    Location Intelligence
    Property ID
    US19-0135094
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Meraki Studios / Photography Studio

    Property Details for 1195 Edgewood Ave

    Lot size
    0.48 lot acres
    Zone code
    CCG-1
    Property type
    Parking lots & garages
    APN
    061488-0005
    APU
    614880005

    Description

    This exceptional 4,750-square-foot retail space, located at 1195 Edgewood Avenue South in Jacksonville, Florida, 32205, presents a unique investment opportunity. Built in 2024, this single-story building offers flexible tenancy options, with a minimum divisible space of 1,585 square feet and a maximum contiguous space of 4,750 square feet. Currently, the entire 4,750 square feet is vacant, providing a blank canvas for a new business. The property boasts a highly visible corner location at the entrance to the vibrant Murray Hill neighborhood, situated between Riverside and Avondale. This strategic position on Edgewood Avenue South provides excellent exposure to high-volume traffic from Roosevelt Boulevard, a major thoroughfare connecting to Jacksonville's central business district. Murray Hill's transformation into a thriving hub for local art, diverse culinary experiences, craft breweries, and innovative businesses creates a dynamic and attractive environment for retailers. This property offers unparalleled access to a growing customer base in one of Jacksonville's most sought-after neighborhoods. The property's modern construction and flexible space make it ideal for a variety of retail concepts.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $600,000

    • CAP approach

      CAP return
      Estimation
      6%
      $665,000
      6.5%
      $640,000
      7%
      $585,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $615,000
      Geo Method
      $520,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $745,000
      Retail
      $705,000
      Mixed-Use
      $660,000
      Hospitality
      $660,000
      Educational
      $630,000
      Residential Income
      $620,000
      Energy
      $585,000
      Income-Based Land
      $725,000
      Food Service
      $705,000

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.7131
    Latitude
    30.3085
    CBSA code
    27260
    CBSA name
    JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,960
    $209,090
    $55,137
    $264,227
    -
    $209,090
    $55,137
    $264,227

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      PARKING LOT • 0.11 Acres
      Mayflower St, Jacksonville, FL 32205
      View Details

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    1195 Edgewood Ave
    Jacksonville, FL 32205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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