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Property profile & analytics
OFF-MARKET Estimated value $5,910,000
Community centers

203 48th St Jacksonville, FL 32208-5200

59,238 SF 10.83 ac lot Built 1983
Entity Owned 25-yr Hold Free & Clear
Property ID
US18-3527735
Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 59,238 SF
Lot 10.83 ac (471,908 SF)
Zoning code CCG-1
APN 031408-0000
UPID US18-3527735
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
  • Fields of Art Christian Academy High School
  • 2G Tax & Services LLC Tax Preparation
  • Genesis Bus Management Group Inc Business Management Consultant
  • Roses Express Discount Store
  • Ebony Beauty Supply (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.04M
Blend (final) Blend
$5.91M
Owner & transaction history
Cardinal Entities Co INC · 25 yrs held
Cardinal Entities Co INC
since 2001
2 recorded transactions
2001
$387,500
1997
$1.1M
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
Apartment house (5+ units) $9.8M +2.8%
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