1393 Kings Rd Jacksonville, FL 32209-6288
Property Lookup
Property profile & analytics
1393 Kings Rd Jacksonville, FL 32209-6288
- Grocery and convenience stores
- 1,200 SF
- 0.27 lot acres
Property ID
US18-9928150
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.
Location Intelligence
Current Use by Public Records
- Sunoco Gas Station / Gas Station
Property Details for 1393 Kings Rd
- Year built
- 2002
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.27 lot acres
- Property size
- 1,200 SF
- Zone code
- CCG-2
- Property type
- Grocery and convenience stores
- APN
- 052898-0000
- APU
- 528980000
Description
This exceptional investment opportunity presents a Sunoco gas station and convenience store located at 1393 Kings Rd, Jacksonville, FL 32209. The property boasts a 1,172 square foot building constructed in 2002 and renovated in 2015, situated on a single story building with a 100% occupancy rate since January 8, 2022. The property features two gas pumps with EMV/chip card readers under a canopy, and benefits from a high-traffic location with an AADT of 18,900 vehicles per day, just half a mile from I-95 and two miles from the Jacksonville Landing. The current NNN lease, with two remaining lease options, runs until January 7, 2032, providing a substantial remaining lease term of 7.1 years. The property generates a significant net operating income (NOI) of $202,271 annually, resulting in a compelling 10.37% cap rate. Financial performance is easily documented through ATM, gaming machine, fuel, and store sales, averaging over $69,755 in monthly store sales and over 25,000 gallons of fuel sold monthly at a competitive price point. Additional income streams from ATMs and gaming machines contribute over $12,000 monthly. The property's strategic location within a high-density residential area, coupled with its strong financial performance and long-term lease, makes it an attractive investment prospect. The existing store layout offers potential for expansion, with extra space suitable for a fast-food concept. The asking price is $1,950,000, translating to $1,663.82 per square foot.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.6775
- Latitude
- 30.3418
- 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
$8,538
$58,805
$416,095
$474,900
-
$58,805
$416,095
$474,900
