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Property profile

3406 Commonwealth Ave Jacksonville, FL 32254

OFF-MARKET
Retail space
Property ID
US18-3981235
View Sample
1,976 SF 0.18 ac lot Built 1945
Individually Owned 5-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This commercial property is located in Jacksonville, Florida’s Westside district on Commonwealth Avenue, near Interstate 10 and other major roadways, providing direct access and roadside visibility within a high-traffic corridor. The site covers 0.18 acres. The property includes 2,256 square feet of interior space and is configured as a commercial building suitable for a range of business uses given its proximity to downtown Jacksonville, logistics hubs, and industrial zones.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1945
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,976 SF
Lot 0.18 ac (7,637 SF)
Zoning code CN
APN 058331-0000
UPID US18-3981235

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Renovation Specialist

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$125k

Owner & transaction history

since 2020
Last sale
$41,000
6 recorded transactions
2020
$41,000
2017
$10,000
2012
$2,100
2012
$2,100
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CN · Jacksonville, FL
Zoning description

CN zoning district- (i) One street frontage sign per lot not exceeding one square foot for each linear foot of street frontage, per street, to a maximum size of 200 square feet in area for every 200 linear feet of street…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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