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Property profile & analytics
OFF-MARKET
Strip malls

5640 Timuquana Rd Jacksonville, FL 32210

2,997 SF 0.3 ac lot Built 1986
Entity Owned 18-yr Hold Free & Clear
Property ID
US18-4078386
Property summary
AI-generated overview

This exceptional Jacksonville, FL retail investment opportunity presents a 23,810 square foot, multi-tenanted plaza situated on 2.65 acres. The property, comprised of six single-story buildings, boasts 81% occupancy and ample parking (150 spaces, a 6.3/1,000 sq ft ratio). Built in 1983, the property is zoned CO, CCG-1, and PUD, offering flexibility for future development or tenant improvements. Its prime location on Timuquana Road provides easy access to major roadways, including Blanding Boulevard, and places it within close proximity to thriving submarkets such as Ortega, Riverside, and Argyle, as well as the Jacksonville Naval Air Station and Timuquana Country Club. The asking price is $2,995,000. This presents a value-add opportunity for investors to increase profitability by filling vacant spaces and adjusting lease rates to market value. Jacksonville's robust population and employment growth, coupled with its status as a major Florida metro area with no state income tax, makes this a compelling investment prospect. The property's convenient location and ample parking further enhance its appeal. This is a rare chance to acquire a diversified retail asset in a high-growth market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,997 SF
Lot 0.3 ac (12,880 SF)
Zoning code CO
APN 103765-0000
UPID US18-4078386
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
  • Business Services Advantage Business Management Consultant
  • iPhone Guru Inc. Mobile Phone Store Electronics & Wireless Store
  • 2nd 2 None Bail Bonds Law Firm
  • Kay Laurice Business Design & Print Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Tricia's Precious Gems (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Timuquana Road LLC · 18 yrs held
Timuquana Road LLC
since 2008
1 recorded transaction
2008
$69,800
Zoning & alternative use
CO · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In CO, RO, and CRO Districts changing message devices and illuminated and indirect lighting signs are also prohibited. (d) Industrial zoning districts: The allowable signs and the sign restrictions and requirements shall be the same as in CCG, CCBD and CR zoning districts. (e) Agriculture (AGR) zoning district: (1) One nonilluminated sign not exceeding a max…

Zone name Commercial Office
General category COMMERCIAL
Zone area 1,528.98 ac
Source Zoning Ordinance
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