1985 Blanding Blvd Jacksonville, FL 32210
For Sale
This exceptional 1.03-acre retail property in Jacksonville, Florida, presents a lucrative investment opportunity. Located at 1985 Blanding Blvd, 32210, in Duval County, this strategically positioned parcel offers significant potential for diverse commercial uses. The property boasts 287 feet of frontage on Blanding Boulevard and an additional 125 feet on San Juan Avenue, ensuring high visibility and accessibility. The site is zoned CCG-1, permitting a range of retail developments, including auto shops and quick-service restaurants, as evidenced by its current configuration. Two existing buildings are available for lease, providing immediate income potential. Building 1 offers approximately 7,000 square feet of retail space, while Building 2 provides approximately 1,400 square feet. The property's location is further enhanced by its proximity to a new retail development and Roosevelt Mall, ensuring high foot traffic and consumer visibility. City water and sewer services are readily available on-site. The seller is willing to subdivide the parcel, offering flexibility for various development scenarios. This property represents a rare opportunity to acquire a well-located, multi-use retail asset in a thriving Jacksonville market. The asking price is $2,500,000.
Commercial Community/General-2 (CCG-2) District. (a) Permitted uses and structures. (1) Commercial Retail Sales and Service Establishments (2) Retail sales of new or used automobiles, trucks and tractors, mobile homes, boats, pawnshops subject to Part 4, automotive vehicle parts (but not automobile wrecking yards, junkyards or scrap processing yards), heavy…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CCG-2 · Jacksonville, FLCommercial Community/General-2 (CCG-2) District. (a) Permitted uses and structures. (1) Commercial Retail Sales and Service Establishments (2) Retail sales of new or used automobiles, trucks and tractors, mobile homes, boats, pawnshops subject to Part 4, automotive vehicle parts (but not automobile wrecking yards, junkyards or scrap processing yards), heavy machinery and equipment, dairy supplies, feed, fertilizer, plant nurseries, lumber and building supplies and similar products. (3) Service stations, truck stops, automated car wash meeting the performance standards and development criteria set forth in Part 4, auto laundry, mobile car detailing services, major automotive repair, car or truck rental, restaurants, laundromat or dry cleaners, veterinarians, animal boarding kennels meeting the performance standards and development criteria set forth in Part 4, pest control, carpenter or cabinet shops, home equipment rentals, job printing or newspapers, radio or television offices and studios, blood donor stations and similar uses. (4) Commercial, recreational and entertainment facilities such as carnivals or circuses, theaters (including open-air theaters), skating rinks, athletic complexes, arenas, auditoriums, convention centers, go-cart tracks, driving ranges, indoor and outdoor facilities operated by a licensed pari-mutuel permitholder, adult arcade amusement centers operated by a licensed permitholder, game promotions or sweepstakes utilizing electronic equipment, meeting the performance standards and development criteria set forth in Part 4, drawings by chance conducted in connection with the sale of a consumer product or service utilizing electronic equipment, meeting the performance standards and development criteria set forth in Part 4, and similar uses. (5) Fruit, vegetable, poultry or fish markets. (6) All types of professional and business offices. (7) Reserved. (8) Small scale operations including wholesaling, warehousing, storage, distributorship business where the total operation does not require more than 10,000 square feet of floor space, no vehicle is used in excess of one and one-half ton capacity, all merchandise is stored within an enclosed building and no heavy machinery or manufacturing is located on the premises. (9) Hotels and motels. (10) Day care centers and care centers meeting the performance standards and development criteria set forth in Part 4. (11) Hospital, nursing homes, assisted living facilities, group care homes, housing for the elderly or orphans and similar uses. (12) Boatyards.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.