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Property profile & analytics
FOR SALE
Retail space

5953 Roosevelt Blvd Jacksonville, FL 32244

8,800 SF 1.1 ac lot Built 1988
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US18-3187014
Property summary
AI-generated overview

This exceptional 8,800 square foot mixed-use property, located at 5953 Roosevelt Blvd in Jacksonville, Florida, is offered for sale at $1,599,000. The single-story, steel-framed building sits on a 1.1-acre lot and boasts a prime location just half a mile north of NAS JAX, benefiting from high visibility and a daily traffic count of 39,000 vehicles. Built in 1988, the Class C building is currently vacant and ready for immediate customization. The versatile CCG-2 zoning allows for a variety of uses, including retail, auto dealership, or wholesale business. The property includes four newer HVAC systems, three-phase power, and plumbing for two bathrooms. Ample space exists for parking and potential expansion. With eight parking spaces per 1,000 square feet, the property offers convenient parking for customers and employees. The asking price of $1,599,000 equates to $203.98 per square foot. A leasing option is available at $12,000 per month plus sales tax, modified gross. This represents a unique opportunity to acquire a strategically located and adaptable commercial space with significant potential for growth and return on investment. The property is for sale by owner.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1988
Construction STEEL FRAME
Total area 8,800 SF
Lot 1.1 ac (47,735 SF)
Zoning code CCG-2
APN 100462-0000
UPID US18-3187014
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.49M
CAP Approach CAP
$1.54M
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$1.54M
Owner & transaction history
Kap Title Company LLC · 2 yrs held
Kap Title Company LLC
since 2023
Last sale
$1.5M
3 recorded transactions
2023
$1.5M
2021
$750,000
1997
$340,000
Zoning & alternative use
CCG-2 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.2M +39.4%
Office building $2.1M +30.2%
Medical building $2.0M +26.2%
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