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Property profile & analytics
FOR LEASE
Strip malls
2771 Mayport Rd Jacksonville, FL 32233
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-9463680
For Lease
1 / 10
$895,000
2771 Mayport Rd, Jacksonville, FL 32233
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Property summary
AI-generated overview
This exceptional retail opportunity is located at 2771 Mayport Rd, Jacksonville, FL 32233, within the Reef Retail Shopping Plaza - North. The single-story building, totaling 11,458 square feet, underwent a complete renovation in 2022, boasting a modern façade, new roof, and updated landscaping. Currently, 10,204 square feet of space is available, divisible to a minimum of 1,000 square feet and with a maximum contiguous space of 6,120 square feet. The property is zoned CCG-2 and situated in Duval County, offering excellent visibility at a signalized intersection along Mayport Road (A1A) in the Atlantic Beach community. Ample parking is provided with 63 spaces. Ideal for retail, medical, or office tenants seeking a high-traffic location in a thriving coastal area. The property's recent renovation ensures modern amenities and a fresh, appealing aesthetic for businesses. This is a unique chance to establish a presence in a desirable and rapidly developing beachfront community. The property's location offers easy access for customers and employees alike.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,210 SF
Lot
1.01 ac (44,106 SF)
Zoning code
CCG-2
APN
168366-0200
UPID
US18-9463680
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
-
The base smoke shops and wine (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$795k
CAP Approach
CAP
$965k
Comparable Approach
Comparable
$998k
Blend (final)
Blend
$895k
Owner & transaction history
Reef Retail Acquisition LLC · 4 yrs held
Reef Retail Acquisition LLC
since 2022
Last sale
$919,286
3 recorded transactions
Zoning & alternative use
CCG-2 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+57.1%
Medical building
$960,000
+42.3%
Auto repair, garage
$900,000
+32.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Jacksonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$770,000
ML approach
$795,000
CAP Approach
CAP Return
Estimation
6%
$1,045,000
6.5%
$965,000
7%
$895,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$675,000
Current use
COMMERCIAL (GENERAL)
$1,060,000
Change: +57% · Conversion: Easy
MEDICAL BUILDING
$960,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$900,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$815,000
Change: +21% · Conversion: Moderate
RETAIL STORES
$760,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$895k
Range $806k – $985k · ±10% · vs last sale $919k (Jan 18 2022)
Last sale anchor
$919k
Jan 18 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$213 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$1,265,138
Assessed 2023
Previous assessed
$1,265,138
+0.0% YoY
Assessed land
$923,480
Assessed improvement
$341,658
Land market value
$923,480
Improvement market value
$341,658
Total market value
$1,265,138
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
3
Rooms
11
Bathrooms
18
Total area
4,210 SF
Lot
1.01 ac (44,106 SF)
Zoning code
CCG-2
APN
168366-0200
UPID
US18-9463680
Jurisdiction
DUVAL
Zoning & alternative use
CCG-2 · Jacksonville, FL
Zoning CCG-2 · permitted uses
CCG-2 · Jacksonville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jacksonville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$675,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$960,000
AUTO REPAIR, GARAGE
Est. value
$900,000
OFFICE BUILDING
Est. value
$815,000
RETAIL STORES
Est. value
$760,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
3
Rooms
11
Bathrooms
18
Lot
1.01 ac
Current owner
From public records · entity-resolved
Reef Retail Acquisition LLC
Entity
Free & Clear · 4 yrs held
Mailing address
645 MAYPORT RD, ATLANTIC BEACH, FL 32233-3491
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2022
—
Reef Retail Acquisition LLC
Reef Retail North Acquisition LLC
Intrafamily Transfer
related
—
Jun 15, 2020
$919,286
Reef Retail North Acquisition
Mayport Partners 2 LLC
Grant Deed
—
Apr 3, 2007
$975,000
Mayport Partners 2 LLC
Dba Associates INC
Warranty Deed
$755,000 · Dba Associates INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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