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Property profile & analytics
OFF-MARKET
Strip malls

2919 Philips Hwy Jacksonville, FL 32207-4419

1,403 SF 0.08 ac lot Built 1945
Trust Owned 11-yr Hold Free & Clear
Property ID
US18-0565816
Property summary
AI-generated overview

This exceptional retail business opportunity is located at 2919 Philips Highway in Jacksonville, Florida, zip code 32207. The property, built in 1945, offers 1,413 square feet of retail space situated on a 3,484.8 square foot lot. The business is currently operating as a convenience store and includes all equipment and inventory as part of the asking price of $99,900. An ATM machine is also included in this sale. The property is zoned CCG2. This is a triple net (NNN) lease arrangement. For those interested in acquiring both the business and the real estate, a combined purchase price of $300,000 is available. This presents a unique opportunity to own a well-established business in a high-traffic location on Philips Highway. The property's strategic location and existing business operations make it an attractive investment for both business owners and real estate investors. The sale includes all existing equipment and inventory, providing a turnkey operation for the new owner. The inclusion of an ATM further enhances the revenue potential of this established business. This is a rare opportunity to acquire a profitable business and prime real estate in a desirable Jacksonville location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1945
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,403 SF
Lot 0.08 ac (3,537 SF)
Zoning code CCG-2
APN 130361-0000
UPID US18-0565816
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
  • BTM Machines Bitcoin ATM Atm Crypto Atm
  • J R Grocery Grocery & Convenience Store Food Market
  • Vigo Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
2919 Phillips Trust · 11 yrs held
2919 Phillips Trust
since 2015
7 recorded transactions
2015
Price N/A
2014
Price N/A
2014
$40,000
2011
Price N/A
2010
Price N/A
2000
$22,000
1997
$6,600
Zoning & alternative use
CCG-2 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Commercial Community/General-2 (CCG-2) District. (a) Permitted uses and structures. (1) Commercial Retail Sales and Service Establishments (2) Retail sales of new or used automobiles, trucks and tractors, mobile homes, boats, pawnshops subject to Part 4, automotive vehicle parts (but not automobile wrecking yards, junkyards or scrap processing yards), heavy…

Zone name Commercial Community General 2
General category COMMERCIAL
Zone area 5,623.40 ac
Source Zoning Ordinance
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