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13070 City Station Dr Jacksonville, FL 32218

Turn key restaurants Google Maps
6,434 SF 1.29 ac lot Built 2008
Entity Owned 6-yr Hold Free & Clear
Estimated value (blended)
$3.41M
Range $3.07M – $3.75M (±10%)
Property ID US18-3377298

Property summary

AI-generated overview

This exceptional 6,434-square-foot free-standing retail building, constructed in 2009 and renovated in 2019, presents a unique opportunity in Jacksonville, Florida's vibrant River City Marketplace submarket. Located at 13070 City Station Drive, this single-tenant property boasts a spacious and versatile layout, perfect for a variety of restaurant or retail concepts. The building sits on a 1.29-acre lot and offers 99 parking spaces, ensuring ample convenience for customers. Its prime location, easily accessible from I-95 and a short drive from Jacksonville International Airport (JIA), guarantees high visibility and significant foot traffic. The property is zoned PUD and is situated within a thriving retail corridor, benefiting from the proximity of numerous retail stores, hotels, and residential communities. The entire 6,434 square feet is currently vacant, providing a blank canvas for a new tenant to create their ideal space. This property offers a compelling combination of size, location, and amenities, making it an exceptional investment opportunity in Duval County. The cross street is City Center Blvd, and the zip code is 32218.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2008
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,434 SF
Lot 1.29 ac (56,002 SF)
Zoning code PUD
APN 107618-1062
UPID US18-3377298

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
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.55M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.59M
Blend (final) Blend
$3.41M

Owner & transaction history

since 2020
Last sale
$3.3M
5 recorded transactions
2020
$3.3M
2019
$1.7M
2010
$1.1M
2008
Price N/A
2008
$497,200

Zoning & alternative use

PUD · Jacksonville, FL
Zoning description

or other districts shall apply to those portions of a Planned Unit Development (PUD) which are devoted to uses permitted in these respective districts, unless specifically provided otherwise in the written description of…

General category PLANNED_DEVELOPMENT

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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More about this property
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