4343 Colonial Ave Jacksonville, FL 32210-3326
This exceptional commercial property at 4343 COLONIAL Avenue in Jacksonville, Florida, presents a compelling investment opportunity. Boasting a substantial 29,620.8 square foot lot, this 1967-built property is ideally situated between the thriving Avondale and Ortega neighborhoods, benefiting from high visibility and proximity to major retail, residential, and office developments. The building itself features a versatile layout including 11 offices, 6 bathrooms, and 3 kitchenettes, providing ample space for a variety of commercial uses. Additional features include a large, attractive lobby area, a convenient drive-thru window, and abundant parking with 24 spaces. The property is constructed of all brick, and the roof was recently replaced just 9 years ago, minimizing immediate maintenance needs. The property is zoned CRO, offering flexibility for various commercial ventures. With its prime location, substantial size, and desirable features, this property represents a rare opportunity to acquire a well-maintained, high-potential commercial asset in a rapidly growing area of Jacksonville. The asking price is $1,200,000, and the seller is motivated. This is a fantastic chance to capitalize on the increasing demand for commercial space in this desirable location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CRO · Jacksonville, FLJacksonville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.