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    Property profile & analytics
    OFF-MARKET Estimated value $515,000
    Retail space

    525 3rd N St 100, Jacksonville Beach, FL 32250-7038

    4,014 SF 0.01 ac lot Built 2007
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US18-3451827
    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
    Implied cap rate, NOI & suggested price
    Cap 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
    Gates Of Pier Point LLC · 11 yrs held
    Gates Of Pier Point LLC
    since 2014
    4 recorded transactions
    2014
    $1.2M
    2014
    $1.5M
    2007
    $978,200
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $855,000 +17.8%
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