5640 Timuquana Rd Jacksonville, FL 32210
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.
-
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
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…
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
CO · Jacksonville, FLIn 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 maximum of 16 square feet in area is permitted. (2) One nonilluminated sign not exceeding a maximum of 32 square feet in area may be allowed, provided it is specifically authorized in the grant of an exception. (f) Public Building and Facilities (PBF) Zoning Districts: (1)
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.