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    1604 Margaret St Jacksonville, FL 32204
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    Property profile & analytics

    1604 Margaret St Jacksonville, FL 32204


    • Medical Office Space
    • 3,425 SF
    • 0.29 lot acres
    Riverside Drive-Thru Outparcel Opportunity For Lease
    $1,320,000

    Riverside Drive-Thru Outparcel Opportunity

    Rare drive-thru opportunity near Publix in vibrant Riverside 5-Points.

    1604 Margaret St, Jacksonville, FL 32204
    View Listing
    Property ID
    US18-2341294
    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.

    Value Estimations
    $1,320,000
    Cap Rate Potential
    4.1%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Regions Bank / Bank / Loan Service
    • DAPR Grooming Parlour / Barber Shop
    • For Your Eyes Boudoir Photography / (Bike/Boat/Book/etc) Store / Photography Service
    • The Skin Witch Beauty Bar / Medical Clinic / Skin Care Clinic
    • ATM (Regions Bank) / Atm

    Property Details for 1604 Margaret St

    Year built
    1927
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.29 lot acres
    Property size
    3,425 SF
    Zone code
    CCG-1
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    090698-0000
    APU
    906980000

    Description

    This exceptional Class A office building, totaling 4,563 square feet, presents a unique investment opportunity in Jacksonville's vibrant 5 Points/Avondale submarket. Situated on a prime corner lot at 1604 Margaret St, this two-story building boasts a desirable drive-thru configuration, perfect for a variety of businesses. Built in 1927 and extensively renovated in 2021, the property offers modern amenities within a historic setting. The building features ample parking with approximately 27 spaces. Its location at the intersection of Margaret Street and Herschel Street provides excellent visibility and accessibility. The CCG-1 zoning allows for diverse commercial uses. Benefit from the high foot traffic and proximity to major thoroughfares, including I-10 and I-95, placing your business minutes from Downtown Jacksonville, Brooklyn, and San Marco. This thriving neighborhood is home to a mix of established businesses and trendy new ventures, including Publix, Starbucks, and Ascension St. Vincent's Hospital. Property taxes are $0.07 per square foot. The entire 4,563 square feet is currently vacant, offering immediate occupancy. This is an unparalleled chance to establish your presence in one of Jacksonville's most sought-after areas.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,350,000
      ML approach
      $1,310,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $925,000
      6.5%
      $855,000
      7%
      $795,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,200,000
      Market price range: $369k - $1.20M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6813
    Latitude
    30.3126
    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
    $25,857
    $390,625
    $1,042,540
    $1,433,165
    -
    $390,625
    $1,042,540
    $1,433,165
    View Listing
    More about this property
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