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Property profile

2231 Melson Ave Jacksonville, FL 32254

OFF-MARKET
Retail space
Property ID
US19-0793402
View Sample
1,650 SF 0.43 ac lot Built 1962
Individually Owned 20-yr Hold Free & Clear

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1962
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,650 SF
Lot 0.43 ac (18,551 SF)
Zoning code RLD-60
APN 048429-0000
UPID US19-0793402

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store
  • Atm Bank
  • Grocery & Convenience Store Food Market

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2005
2 recorded transactions
2005
$30,000
1997
$40,000

Zoning & alternative use

RLD-60 · Jacksonville, FL
Zoning description

districts: RR-Acre, RLD-120, RLD-100A, RLD-100B, RLD-90, RLD-80, RLD-70, RLD-60, RLD-50, RLD-40, RLD-TND, RLD-TNH, RMD-A, RMD-B, RMD-C, RMD-D, RHD-A, RHD-B Districts and no others. (b) Where the phrase commercial distric…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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