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Property profile & analytics
OFF-MARKET Estimated value $890,000
Retail space

523 Forsyth St Jacksonville, FL 32202-4609

10,361 SF 0.14 ac lot Built 1905
Entity Owned 21-yr Hold Free & Clear
Property ID
US19-0834165
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1905
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,361 SF
Lot 0.14 ac (6,044 SF)
Zoning code CCBD
APN 074588-0000
UPID US19-0834165
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
  • All Great Towing Assistance Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$828k
Blend (final) Blend
$890k
Owner & transaction history
Lgs Of North Florida INC · 21 yrs held
Lgs Of North Florida INC
since 2005
6 recorded transactions
2005
Price N/A
2004
$430,000
2001
Price N/A
2000
$175,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CCBD · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CCG, CCBD and CR zoning districts- (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 300 square feet in area for every 300 linear feet of street frontage or portion thereof is permitted, provided they are located no closer than 200 feet apart. (ii) Wall signs are permi…

Zone name Commercial Central Business District
General category COMMERCIAL
Zone area 1,603.04 ac
Source Zoning Ordinance
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