1985 Blanding Blvd, Jacksonville, FL 32210
- Strip malls
- 4,780 SF
- 0.25 lot acres
Current Use by Public Records
- Strip malls
Property Details for 1985 Blanding Blvd
- Year built
- 1942
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.25 lot acres
- Zone code
- CCG-2
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 093696-0000
- APU
- 936960000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 3, 2023 | — | Kassab Enterprise And Management Ll | Nabeel P Rukab | Warranty Deed | — |
| Jan 3, 2023 | $950,000 | Kassab Enterprise & Management LLC | B&s Family LLC | Warranty Deed | $450k · Ms Rukab LLC |
| Jul 17, 2018 | — | Canz Family LLC | Kaleel,delores | Quit Claim Deed · related | — |
| Apr 19, 2018 | — | Delores Kaleel | Gazaleh Fred C | Grant Deed · related | — |
| Feb 14, 2013 | — | Basim P Rukab | Rukab Salwa | Quit Claim Deed · related | — |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $990,000
- ML approach
- $970,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,045,000
- 6.5%
- $965,000
- 7%
- $895,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $585,000 Current use
- COMMERCIAL (GENERAL)
- $1,560,000 Change: +167% Conversion: Easy
- MEDICAL BUILDING
- $1,090,000 Change: +87% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,020,000 Change: +74% Conversion: Difficult
- OFFICE BUILDING
- $885,000 Change: +51% Conversion: Moderate
- RETAIL STORES
- $665,000 Change: +13% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.7261
- Latitude
- 30.2825
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
