1422 Edgewood W Ave Jacksonville, FL 32208-3215
Property profile & analytics
1422 Edgewood W Ave, Jacksonville, FL 32208-3215
- Strip malls
- 8,000 SF
- 0.64 lot acres
Property ID
US18-0514948
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
- African Braids &beauty / Hair Salon / Nail Salon
- Braids And Beauty By Lisa / Hair Salon
Property Details for 1422 Edgewood W Ave
- Year built
- 1967
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.64 lot acres
- Zone code
- CCG-2
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 026959-0000
- APU
- 269590000
Description
This exceptional 8,000 square foot shopping center, situated on a 0.63-acre lot at 1422 Edgewood Ave W in Jacksonville, Florida (zip code 32208), presents a compelling investment opportunity. Built in 1967 and zoned CCG2, the property boasts eight individual units, each measuring 1,000 square feet, offering flexibility for a variety of retail tenants. Currently, the center enjoys 50% occupancy with established, long-term tenants. The strategic location near the bustling intersection of Edgewood Avenue West and Lem Turner Road ensures high visibility and accessibility for businesses. The asking price for this multi-tenant retail property is $900,000. The property's eight units can be combined to accommodate larger tenants, providing significant potential for increased revenue and occupancy. This prime retail location in Duval County offers a unique chance to acquire a well-positioned asset with substantial upside potential in a growing market. The property's existing tenants provide a stable income stream, while the vacant units offer the opportunity to attract new businesses and further enhance profitability. This is an ideal investment for those seeking a strong return on investment in a desirable Jacksonville location.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,226,000
Market price range: $609k - $2.10M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,285,000 Current use
- OFFICE BUILDING
- $1,555,000 Change: +21% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $1,320,000 Change: +3% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.6806
- Latitude
- 30.3891
- 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
$7,719
$74,331
$407,669
$482,000
-
$74,331
$407,669
$482,000
