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Property profile & analytics
OFF-MARKET Estimated value $1,350,000
Strip malls

1636 Hendricks Ave Jacksonville, FL 32207-3110

7,928 SF 0.48 ac lot Built 1948
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-3889113
Property summary
AI-generated overview

This exceptional retail and office space, located at 1636 Hendricks Avenue in the vibrant San Marco neighborhood of Jacksonville, Florida, presents a unique investment opportunity. The property is a traditional strip center offering multiple tenancies, with 1,700 square feet currently vacant and ready for immediate occupancy. Situated in Duval County, zip code 32207, this location benefits from high visibility and accessibility, making it ideal for a variety of businesses. The property's existing infrastructure is well-maintained, and the layout is flexible, allowing for customization to suit diverse tenant needs. The 1,700 square feet of vacant space provides ample room for expansion or the establishment of a new business. The strong local economy and the desirable San Marco neighborhood contribute to a high potential for attracting customers and employees. This property offers a blend of retail and office space, catering to a wide range of potential tenants. Its strategic location on Hendricks Avenue ensures excellent exposure to foot traffic and vehicular traffic. The multiple tenancy structure allows for diversification of income streams, making it an attractive investment for both established businesses and new ventures. This is a rare opportunity to secure a prime commercial space in a thriving Jacksonville neighborhood. The property's location offers easy access to major transportation routes, ensuring convenient commutes for employees and customers alike. Don't miss this chance to establish your business in a highly sought-after area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1948
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,928 SF
Lot 0.48 ac (20,835 SF)
Zoning code CCG-1
APN 081941-0010
UPID US18-3889113
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
  • Good Dough Bakery Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.82M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.35M
Owner & transaction history
Rettner Hendricks Realty LLC · 13 yrs held
Rettner Hendricks Realty LLC
since 2012
3 recorded transactions
2012
$927,500
2000
$289,000
1969
Price N/A
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
Top alternative use upside
Medical building $1.8M +3.9%
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