2151 Lane Ave Jacksonville, FL 32210
- Strip malls
- 5,340 SF
- 1.48 lot acres
Current Use by Public Records
- Life Without Chains Ministries / Church
- Elevation Worship Center / Religious Institution
- Lottiebells BBQ / Fast Food Restaurant
- Village Wash House Inc / Laundromat
- Lady C / Musician
Property Details for 2151 Lane Ave
- Year built
- 1990
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.48 lot acres
- Property size
- 5,340 SF
- Zone code
- PUD
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 011644-0000
- APU
- 116440000
Description
Showcase Plaza, located at 2151 Lane Ave S in Jacksonville, Florida (zip code 32210), presents a compelling investment opportunity in the desirable Riverside submarket. This established community shopping center boasts a total of 21,440 square feet situated on a 1.48-acre lot. The property currently offers six available retail spaces, ranging in size from 806 square feet to 2,140 square feet, providing flexibility for a variety of businesses. Its strategic location within the Hyde Park neighborhood ensures high visibility and accessibility to a thriving customer base. The center is already home to a diverse mix of local retail, service, and restaurant businesses, creating a synergistic environment and attracting a consistent flow of shoppers. This is an excellent chance to establish or expand your business within a well-established and successful retail center in a highly sought-after Jacksonville neighborhood. The property's multiple tenancy structure offers potential for diverse income streams and long-term growth. The property's size and location make it an ideal investment for both established businesses and new ventures seeking a strong foothold in the Jacksonville market. Detailed floor plans and lease terms are available upon request. Don't miss this opportunity to secure your place in this thriving Riverside retail center.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,135,000
- ML approach
- $1,175,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,165,000
- 6.5%
- $1,075,000
- 7%
- $1,000,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $907,000
Market price range: $430k - $908k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,745,000
- MEDICAL BUILDING
- $1,220,000
- AUTO REPAIR, GARAGE
- $1,140,000
- OFFICE BUILDING
- $990,000
- APARTMENT HOUSE (5+ UNITS)
- $880,000
- RETAIL STORES
- $740,000
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Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.755
- Latitude
- 30.2785
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA