2919 Philips Hwy Jacksonville, FL 32207-4419
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.
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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…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CCG-2 · Jacksonville, FLCommercial 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 machinery and equipment, dairy supplies, feed, fertilizer, plant nurseries, lumber and building supplies and similar products. (3) Service stations, truck stops, automated car wash meeting the performance standards and development criteria set forth in Part 4, auto laundry, mobile car detailing services, major automotive repair, car or truck rental, restaurants, laundromat or dry cleaners, veterinarians, animal boarding kennels meeting the performance standards and development criteria set forth in Part 4, pest control, carpenter or cabinet shops, home equipment rentals, job printing or newspapers, radio or television offices and studios, blood donor stations and similar uses. (4) Commercial, recreational and entertainment facilities such as carnivals or circuses, theaters (including open-air theaters), skating rinks, athletic complexes, arenas, auditoriums, convention centers, go-cart tracks, driving ranges, indoor and outdoor facilities operated by a licensed pari-mutuel permitholder, adult arcade amusement centers operated by a licensed permitholder, game promotions or sweepstakes utilizing electronic equipment, meeting the performance standards and development criteria set forth in Part 4, drawings by chance conducted in connection with the sale of a consumer product or service utilizing electronic equipment, meeting the performance standards and development criteria set forth in Part 4, and similar uses. (5) Fruit, vegetable, poultry or fish markets. (6) All types of professional and business offices. (7) Reserved. (8) Small scale operations including wholesaling, warehousing, storage, distributorship business where the total operation does not require more than 10,000 square feet of floor space, no vehicle is used in excess of one and one-half ton capacity, all merchandise is stored within an enclosed building and no heavy machinery or manufacturing is located on the premises. (9) Hotels and motels. (10) Day care centers and care centers meeting the performance standards and development criteria set forth in Part 4. (11) Hospital, nursing homes, assisted living facilities, group care homes, housing for the elderly or orphans and similar uses. (12) Boatyards.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.