59 9Th St W Atlantic Beach, FL 32233
- Manufacturing properties
- 8,430 SF
- 0.36 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 59 9Th St W
- Year built
- 1990
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.36 lot acres
- Property size
- 8,430 SF
- Zone code
- ACG
- Property type
- Manufacturing properties
- APN
- 170775-0000
- APU
- 1707750000
Description
This exceptional 7,516-square-foot mixed-use property in Atlantic Beach, Florida, presents a unique opportunity for a variety of businesses. Located at 59 W 9th St, 32233, this special-purpose building offers flexible space ideal for creative office use, light storage, or a combination thereof. Currently configured for multiple tenants, the space is divisible, with a minimum leasable area of 2,200 square feet. The first floor offers adaptable space, allowing for customization to suit specific needs. While a primary suite requires renovation to achieve a 2,300-square-foot division, the space can be subdivided to create units ranging from approximately 2,300 to 2,800 square feet. Note that code compliance necessitates the addition of a second bathroom and a demising wall with a double-entry emergency exit door for any space division. Tenants interested in creating a mini-warehouse space should be aware that installation of a double-wide door will be required. The maximum ceiling height is 9 feet. Partial demolition is possible to achieve a more open, storefront aesthetic. Tenants are responsible for ensuring zoning compliance. Limited signage options, such as small signage or glass lettering, are available, subject to approval by the local zoning department. The property includes 10 parking spaces and is conveniently located just half a block from Mayport Road. There is no back door access or roll-up door.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $760,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $645,000
- 6.5%
- $705,000
- 7%
- $715,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $675,000
- Geo Method
- $735,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $735,000
- Retail
- $735,000
- Mixed-Use
- $725,000
- Hospitality
- $635,000
- Educational
- $725,000
- Residential Income
- $715,000
- Energy
- $685,000
- Income-Based Land
- $730,000
- Food Service
- $725,000
Location Insight
- Map
- Local Demand
- City
- Atlantic Beach
- County
- Duval
- State
- Florida
- Longitude
- -81.4179
- Latitude
- 30.331
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA