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Property profile

525 3rd N St 100 Jacksonville Beach, FL 32250

OFF-MARKET
Retail space
Property ID
US18-3451827
4,014 SF 0.01 ac lot Built 2007
Entity Owned 11-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional beachfront retail opportunity, located at 525 3rd St N in Jacksonville Beach, Florida (zip code 32250), presents a unique investment prospect. The Gates at Pier Point is a single-story, 27,327 square foot building constructed in 2007, boasting five individual suites and a total of 50 parking spaces. The property sits on 1.72 acres of land and enjoys a prime location directly across from the bustling Jacksonville Beach, ensuring high visibility and foot traffic from both tourists and locals. Currently, one 1,440 square foot suite is available. The property is zoned JCBD, Jacksonville, and its Duval County location offers easy access to major transportation routes. The property's address is further identified by its cross street, 2nd St, and its APN is 173993-5100. This is an ideal location for a variety of retail or restaurant businesses seeking high exposure and a vibrant customer base. The property's beachfront location and proximity to Jacksonville Beach's attractions make it a highly desirable commercial space. The building's size and suite configuration offer flexibility for various business needs. Don't miss this chance to establish your business in a thriving coastal community.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Construction WOOD
Total area 4,014 SF
Lot 0.01 ac (400 SF)
APN 173993-5102
UPID US18-3451827

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$700k
Comparable Approach Comparable
$377k
Blend (final) Blend
$515k

Owner & transaction history

since 2014
4 recorded transactions
2014
$1.2M
2014
$1.5M
2007
$978,200
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $855,000 +17.8%

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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