Financial
Distress signals
Property profile

2973 Philips Hwy Jacksonville, FL 32207

FOR SALE
Auto shops
Property ID
US18-5226785
1,671 SF 0.29 ac lot Built 1941
Last sale Aug 2020 · $350,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Jacksonville, Florida commercial property, located at 2973 Philips Hwy, offers a lucrative investment opportunity. The 2,339 square foot building sits on a 0.29-acre lot and is zoned CCG-2. Built in 1941, this single-story structure features a multi-tenancy setup with 1,671 square feet of net rentable space. The asking price is $975,000, translating to $416.84 per square foot. The property currently houses an established service garage business, presenting a turnkey operation ideal for

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$123k
Assessed land$63k
Assessed improvement$59k
Effective rate1.98%

Value estimate

· Sep 2026
$360k
$324k – $396k
AI approach$360k
NOI build-up
Gross scheduled income$42k
Vacancy & credit loss−$4k
Operating expenses−$11k
NOI · 3.31% cap applied$26k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$213/SF
Submarket average, outlier-cleaned · 203 recorded sales of this use type
Observed band · Q1–Q3$84 – $357

Cap rate analysis

How does the asset earn?
3.31%
$26k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CCG-2
Commercial Community/General-2 (CCG-2) District. (a) Permitted uses and structures. (1) Commercial Retail Sales and Service Establishment...
General categoryCOMMERCIAL
JurisdictionDUVAL

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.4
Laundry Service9.5
Dry Cleaner9.1

Location

2973 Philips Hwy Jacksonville, FL 32207
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4833 Spg Gln, Jacksonville, FL 32207-6962 $640,000 Jul 2025 1,577 SF
4130 Spg Park, Jacksonville, FL 32207-5744 $390,000 May 2023 2,500 SF
5214 Bch, Jacksonville, FL 32207-5022 $171,000 Aug 2021 2,424 SF
5144 Bch, Jacksonville, FL 32207-5020 $50,000 Oct 2020 1,560 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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