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Property profile & analytics
OFF-MARKET Estimated value $1,930,000
Drive through restaurants

210 State E St Jacksonville, FL 32202-3053

4,089 SF 1.58 ac lot Built 1985
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-4245049
Property summary
AI-generated overview

This exceptional commercial property at 210 E State Street in Duval County presents a unique investment opportunity. The 3,732 square foot building, constructed in 1985, sits on a sizable 1.64-acre lot (210' x 341.03'). Currently configured as a former fast-food restaurant with a drive-thru, this single-tenant property offers significant potential for redevelopment or continued operation in the quick-service restaurant (QSR) sector. The property boasts ample parking with 61 spaces and benefits from convenient access via traffic lights at each corner of the intersection. Its strategic location provides excellent visibility and accessibility. Nearby established businesses include McDonald's, Harvey's Supermarket, and Family Dollar, indicating a strong retail presence in the area. The proximity to McDonald's, which reportedly generated approximately $3,600,000 in sales (per seller), further underscores the location's commercial viability. Furthermore, the property's location is just blocks from the Pearl Square project, a multi-billion dollar development anticipated to commence construction in the third quarter of 2024. This significant investment promises to further enhance the area's value and attract increased foot traffic and consumer spending. The property is zoned CCG-2. Adjacent land is also available for purchase, presenting an opportunity for expansion or development.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,089 SF
Lot 1.58 ac (68,812 SF)
Zoning code CCBD
APN 074176-0000
UPID US18-4245049
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.68M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.46M
Blend (final) Blend
$1.93M
Owner & transaction history
State Outparcel LLC · 1 yrs held
State Outparcel LLC
since 2025
Last sale
$1.9M
3 recorded transactions
2025
$1.5M
2022
Price N/A
2004
$1.9M
Zoning & alternative use
CCBD · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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