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Property profile & analytics
FOR LEASE
Community centers

5751 N Main St Jacksonville, FL 32208

12,600 SF 11.53 ac lot Built 1989
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US18-4641740
5751 N Main St, Jacksonville, FL 32208 For Lease
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5751 N Main St, Jacksonville, FL 32208
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Property summary
AI-generated overview

Main Street Station, a prominent neighborhood shopping center in Duval County's Main Street submarket cluster, presents an exceptional opportunity for medical office tenants. This Class B property, totaling 79,486 square feet, boasts three single-story buildings constructed in 1989 and renovated in 2000, offering a blend of modern amenities and established presence. The property sits on an expansive 11.53-acre lot with ample parking (300 spaces) and features a flexible layout accommodating multiple tenants. Currently, 30,574 square feet of contiguous space is available, with a minimum divisible space of 12,000 square feet. The property's zoning (CCG 1) allows for a variety of uses, including medical offices, retail, and restaurants. Its strategic location, three miles from downtown Jacksonville, benefits from high visibility and accessibility due to its placement at a signalized intersection. Power is supplied by JEA. The building's Floor Area Ratio (FAR) is 1.58. This is an ideal location for medical practices seeking a well-established and easily accessible space within a thriving commercial area. The property's 16 total suites offer diverse options for businesses of various sizes. The property's address is conveniently located near the intersection of Main Street and 48th Street. The APN is 031371-0000.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,600 SF
Lot 11.53 ac (502,333 SF)
Zoning code CCG-1
APN 031371-0000
UPID US18-4641740
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
  • Queen Nails Nail Salon
  • Jacksonville Erectile Dysfunction Doctor Medical Clinic
  • Hillary Kay Studios Photography Service (Bike/Boat/Book/etc) Store
  • Davinci Studios (Bike/Boat/Book/etc) Store Photography Service
  • Dollar Tree Department Store Grocery & Convenience 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
$1.91M
Owner & transaction history
Boca Bay 7600 LLC · 12 yrs held
Boca Bay 7600 LLC
since 2014
3 recorded transactions
2020
Price N/A
2014
$3.8M
1969
Price N/A
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(CCG-1), Commercial Community/General-2 (CCG-2), and Planned Unit Development (PUD) having commercial uses. (c) Building Form and Finish Materials. The following general provisions shall apply to all Development in the Mayport Road Zoning Overlay. (1) Roofs, which give the appearance of a flat roof from any street side of the building, are prohibited. Roofs…

Zone name Commercial Community General 1
General category COMMERCIAL
Zone area 6,934.94 ac
Source Zoning Ordinance
Top alternative use upside
Commercial (general) $3.2M +57.1%
Medical building $2.9M +42.3%
Auto repair, garage $2.7M +32.8%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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