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Property profile & analytics
FOR LEASE
Strip malls

5913 Normandy Blvd Jacksonville, FL 32205

13,550 SF 1.58 ac lot Built 1985
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US18-2806891
Property summary
AI-generated overview

Patel Plaza 2, located at 5913 Normandy Blvd in Jacksonville, Florida (zip code 32205), offers a single available medical office space ideal for a variety of healthcare practices. This retail and office property, situated in Duval County, boasts a total of 1,285 square feet of usable space, perfect for a growing medical business. The building is categorized as a multi-tenant property, providing opportunities for networking and collaboration. The property's convenient location in Jacksonville offers easy access for patients and staff alike. This is a rare opportunity to secure a well-situated medical office space in a thriving area. The address is easily accessible from major roadways, ensuring convenient patient access and ample parking. The space is ready for immediate occupancy and presents a blank canvas for customization to suit your specific needs. This is an excellent opportunity for medical professionals seeking a functional and well-located space to establish or expand their practice. The property is classified as both retail and office, offering flexibility in its potential uses. Further details regarding lease terms and conditions are available upon request. Don't miss this chance to secure this prime medical office space in a desirable Jacksonville location. Contact us today to schedule a viewing.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,550 SF
Lot 1.58 ac (68,920 SF)
Zoning code CCG-2
APN 007539-0000
UPID US18-2806891
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
  • D'Agustino Deric DC Alternative Medicine Practice
  • Pompey Harold J DC Alternative Medicine Practice
  • Solanki Haresh MD Alternative Medicine Practice
  • Absolute Injury and Pain Physicians Alternative Medicine Practice
  • Patel Meena V DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.20M
Blend (final) Blend
$1.68M
Owner & transaction history
Patel Normandy Lane Plaza LLC · 6 yrs held
Patel Normandy Lane Plaza LLC
since 2020
Last sale
$1.7M
5 recorded transactions
2020
$1.7M
2010
$1.8M
2006
Price N/A
2005
$1.8M
1999
$1.1M
Zoning & alternative use
CCG-2 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Commercial Community/General-2 (CCG-2) District. (a) Permitted uses and structures. (1) Commercial Retail Sales and Service Establishments (2) Retail sales of new or used automobiles, trucks and tractors, mobile homes, boats, pawnshops subject to Part 4, automotive vehicle parts (but not automobile wrecking yards, junkyards or scrap processing yards), heavy…

Zone name Commercial Community General 2
General category COMMERCIAL
Zone area 5,623.40 ac
Source Zoning Ordinance
Top alternative use upside
Office building $2.6M +20.9%
Retail stores $2.5M +12.8%
Apartment house (5+ units) $2.2M +2.8%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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