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Property profile & analytics

1945 Kings Rd Jacksonville, FL 32209

  • Retail space
  • 9,090 SF
  • 1.14 lot acres
For Sale
Last Sale
Apr 06, 2022
$1,480,000
Value Estimations
Cap Rate Potential
8.3%
Retail space
Location Intelligence
Property ID
US18-9077117
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.

Current Use by Public Records

  • Family Dollar / Discount Supermarket / Wine Store
  • LibertyX Bitcoin ATM / Atm

Property Details for 1945 Kings Rd

Year built
2007
Construction
STEEL FRAME
Lot size
1.14 lot acres
Property size
9,090 SF
Zone code
CCG-1
Property type
Retail space
APN
051233-0000
APU
512330000

Description

This exceptional 9,180 square foot free-standing retail building, located at 1945 Kings Road in Jacksonville, Florida, presents a remarkable opportunity for businesses seeking high visibility and accessibility. Constructed in 2007, the single-story structure sits on a sizable 1.12-acre lot, providing ample paved parking for customers and employees. The property's zoning designation, CCG-1, allows for a diverse range of retail uses. Previously occupied by a Family Dollar store, the building benefits from a highly visible location with a prominent tall monument sign, ensuring excellent exposure to the substantial traffic flow in the area. The property's single-tenant occupancy offers a streamlined and efficient operational environment. Situated in Duval County, Florida, with a 32209 zip code, this location offers convenient access to major transportation routes and a thriving local community. This is an ideal opportunity for a business seeking a well-established, high-traffic location to establish or expand its presence. The expansive square footage and ample parking make this property suitable for a variety of retail concepts. The property's prominent signage and strategic location ensure maximum visibility and accessibility for customers. Don't miss this chance to secure a prime retail space in a dynamic Jacksonville market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,240,000
    ML approach
    $1,320,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,710,000
    6.5%
    $1,580,000
    7%
    $1,470,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,862,000
    Market price range: $450k - $1.86M
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $1,645,000
    Current use
    AUTO REPAIR, GARAGE
    $1,940,000
    Change: +18% Conversion: Difficult
    OFFICE BUILDING
    $1,765,000
    Change: +7% Conversion: Easy
    APARTMENT HOUSE (5+ UNITS)
    $1,500,000
    Change: -9% Conversion: Difficult
    NEIGHBORHOOD: SHOPPING CENTER
    $1,460,000
    Change: -11% Conversion: Moderate

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


Location Insight

  • Map
  • Local Demand
City
Jacksonville
County
Duval
State
Florida
Longitude
-81.6897
Latitude
30.3467
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
$22,659
$247,250
$986,150
$1,233,400
-
$247,250
$986,150
$1,233,400
More about this property
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