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Property profile & analytics
OFF-MARKET
Drive through restaurants

1616 University S Blvd Jacksonville, FL 32216-8900

2,764 SF 0.79 ac lot Built 1975
Individually Owned 18-yr Hold Free & Clear
Property ID
US18-9349303
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1975
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,764 SF
Lot 0.79 ac (34,571 SF)
Zoning code CCG-1
APN 134035-0010
UPID US18-9349303
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Wendy's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kuen H Chen · 18 yrs held
Kuen H Chen
since 2008
2 recorded transactions
2008
$1.8M
1997
$790,000
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(CCG-1), Commercial Community/General-2 (CCG-2), and Planned Unit Development (PUD) having commercial uses. (c) Building Form and Finish Materials. The following general provisions shall apply to all Development in the Mayport Road Zoning Overlay. (1) Roofs, which give the appearance of a flat roof from any street side of the building, are prohibited. Roofs…

Zone name Commercial Community General 1
General category COMMERCIAL
Zone area 6,934.94 ac
Source Zoning Ordinance
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