3749 Crown Pt Rd, Jacksonville, FL 32257-5929
- Day care centers
- 4,646 SF
- 0.42 lot acres
Current Use by Public Records
- Early Bloomers Learning Center / Daycare Center
Property Details for 3749 Crown Pt Rd
- Year built
- 1980
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.42 lot acres
- Zone code
- CO
- Property type
- Day care centers
- APN
- 148994-0850
- APU
- 1489940850
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 23, 2025 | $800,000 | Steam On Learning Center Real Estat | David J Hart | Warranty Deed | $720k · Td Bank NA |
| May 12, 2006 | $650,000 | David J Hart | First Baptist Ch Of Mandarin INC | Warranty Deed | $802k · Monticello Bank |
Description
This exceptional investment opportunity presents a 4,646 square foot daycare center in Jacksonville, Florida, currently leased under an Absolute NNN lease with zero landlord responsibilities. The property boasts a below-market rent, significantly enhancing its investment appeal. Located on Crown Point Road, near San Jose Boulevard (experiencing over 44,500 vehicles daily), the daycare benefits from high visibility and convenient access. The tenant recently exercised their option to renew the lease in 2021, demonstrating commitment and stability. Situated in a thriving submarket with a high concentration of dual-income households, the property enjoys a strong demographic profile. Within a six-mile radius, there are over 200,398 people. The property's proximity to major retailers like Publix, Target, Walmart, and CVS further enhances its desirability. The investment is further strengthened by Florida's tax-advantaged environment. The daycare center is part of a rapidly growing industry, with the US childcare market projected to reach $73 billion by 2030. This property offers a compelling combination of strong tenant occupancy, favorable location, and significant growth potential within a tax-advantaged state. The asking price is $850,000, representing a price per square foot of $183 and a 7.65% cap rate. The lease has 1.5 years remaining. The building was constructed in 1980.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $550,000
- ML approach
- $525,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $640,000
Market price range: $315k - $878k -
Alternative Use
- Use
- Estimation
- COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
- $655,000 Current use
- AUTO REPAIR, GARAGE
- $990,000 Change: +51% Conversion: Difficult
- RETAIL STORES
- $840,000 Change: +28% Conversion: Difficult
- OFFICE BUILDING
- $825,000 Change: +25% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $745,000 Change: +14% Conversion: Difficult
- WAREHOUSE, STORAGE
- $560,000 Change: -15% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.6186
- Latitude
- 30.1945
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
