4051 Philips Hwy Jacksonville, FL 32256
- Warehouses
- 48,904 SF
- 5.89 lot acres
Current Use by Public Records
- Intoxalock Ignition Interlock / Building Supply / General Contractor
- Sunshine Lash & Co / Hair Salon
- Safari Truck & SUV Accessories / Auto Parts Store
- Centerline Drivers / Freight Service / Logistics Company
- Lutheran Services Florida Inc. Phillip Hwy Head Start / High School / Daycare Center
Property Details for 4051 Philips Hwy
- Year built
- 1996
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 5.89 lot acres
- Property size
- 48,904 SF
- Zone code
- CCG-2
- Property type
- Warehouses
- APN
- 126005-0005
- APU
- 1260050005
Description
This exceptional investment opportunity presents a thriving stone fabrication business in Jacksonville, Florida. Located at 4051 Philips Hwy, this Class B, 8,685 square foot storefront boasts state-of-the-art CNC machinery, significantly reducing initial capital investment for the new owner. The business, operating under a NNN lease with a credit-rated tenant, has a remaining lease term of 2.6 years (expiring 06/30/2027), offering immediate income potential. The single-unit property features a diverse material selection including granite, marble, and quartz, catering to a wide range of client needs. A skilled team of craftsmen ensures high-quality workmanship and exceptional customer service, contributing to the business's strong reputation and loyal client base. The business provides comprehensive services, from design consultation and material selection to installation and maintenance, establishing it as a one-stop shop for all countertop needs. Priced at $2,350,000 ($270.58/sq ft), this turnkey operation offers a unique opportunity for industry newcomers or those seeking expansion. The business's established presence and strong reputation make it a highly attractive investment prospect. The property is situated in Duval County, Florida, with convenient access to major transportation routes. This is a rare chance to acquire a well-established, profitable business with significant growth potential.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,500,000
- 6.5%
- $5,075,000
- 7%
- $4,715,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $5,296,000
Market price range: $1.54M - $5.30M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $5,425,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.6297
- Latitude
- 30.2835
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
