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Property profile & analytics
FOR LEASE
Turn key restaurants

3216 University Blvd S Jacksonville, FL 32216

11,697 SF 2.71 ac lot Built 1985
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US18-2705416
Property summary
AI-generated overview

This exceptional Southside Jacksonville property presents a prime retail or redevelopment opportunity. The 2.83-acre site, located at 3216 University Blvd. S., boasts a 12,000 square foot freestanding building, currently vacant, with a zoning designation of CCG-2, allowing for a wide range of commercial uses. The building, constructed in 1985, previously housed a Piccadilly Cafeteria with a 260-person seating capacity and features a substantial kitchen with multiple hood systems, walk-in cooler, and freezer. The property offers excellent visibility and accessibility with 211 feet of frontage on University Boulevard S. and convenient access via Beach Boulevard. Ample parking is available with 165+ spaces. The property's large size and high-intensity zoning make it ideal for a variety of commercial ventures. The existing building can be removed, providing flexibility for new construction. Property taxes are $1.80 per square foot. The APN is 18304-01851. This is a rare opportunity to acquire a significant commercial property in a high-demand Southside Jacksonville location. The total land area is 123,270 square feet.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,697 SF
Lot 2.71 ac (118,190 SF)
Zoning code CCG-2
APN 135107-0110
UPID US18-2705416
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
  • Cheap Auto Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$765k
Owner & transaction history
ELIZABETH H BLOW LIFE INSURANCE TRUST
ELIZABETH H BLOW LIFE INSURANCE TRUST
Zoning & alternative use
CCG-2 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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