1198 Bch Blvd, Jacksonville Beach, FL 32250-3431
- Strip malls
- 12,416 SF
- 0.69 lot acres
Current Use by Public Records
- Strip malls
Property Details for 1198 Bch Blvd
- Year built
- 2019
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.69 lot acres
- Zone code
- JC-2
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 177502-0050
- APU
- 1775020050
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 12, 2006 | — | Hasteh LLC | Ashurian,edward & Roya | Warranty Deed · related | — |
| Jun 29, 2006 | — | Edward Ashurian | Ashman | Warranty Deed · related | — |
Description
This exceptional Class A property, located at 1198 Beach Blvd in Jacksonville Beach, Florida (zip code 32250), presents a unique investment opportunity. The 13,340 square foot building, constructed in 2019 and renovated in 2021, boasts a prime outparcel location at a highly visible, lighted intersection of Beach Blvd and 11th St N., experiencing over 50,000 vehicles per day. The two-story building features six suites, with 4,700 square feet currently vacant, offering flexible space options ranging from a minimum of 3,200 square feet to a maximum contiguous space of 4,700 square feet. The property includes approximately 800 non-exclusive parking spaces, providing ample convenience for patrons. The zoning is JC-2. The building features a fully built-out, open floor plan layout with 21'5" finished ceilings. A significant advantage is the potential for additional rooftop space, ranging from 750 to 3,200 square feet, ideal for expansion or unique branding opportunities. The property's strategic location offers easy access via five ingress/egress points and places it within minutes of popular attractions such as the Jacksonville Pier, Jacksonville Beach Golf Club, and Margaritaville Beach Hotel, as well as numerous national retailers. With over 50,000 residents within a three-mile radius and over $793 million in consumer spending in 2022, this property offers exceptional potential for high returns. No elevators are present.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,826,000
Market price range: $945k - $3.27M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,995,000 Current use
- RETAIL STORES
- $2,250,000 Change: +13% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $2,050,000 Change: +3% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Jacksonville Beach
- County
- Duval
- State
- Florida
- Longitude
- -81.4019
- Latitude
- 30.2878
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
