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Property profile & analytics
FOR LEASE
Outlet malls

619 Cassat Ave Jacksonville, FL 32205

8,431 SF 1.61 ac lot Built 1973
Entity Owned Absentee Owner Free & Clear
Property ID
US18-8454229
Property summary
AI-generated overview

This exceptional portfolio offers an incredible opportunity to acquire two prime retail properties totaling 32,701 square feet situated on a 2.07-acre lot in Jacksonville, Florida. The portfolio includes a 21,000 square foot warehouse and retail showroom featuring a beautifully appointed, air-conditioned first floor with reception area, kitchen, and two bathrooms, along with additional office space. The upper floor boasts another bathroom, a conference room, and eight offices. This impressive space benefits from direct access to I-10 via Exit 358, providing unparalleled visibility and convenient access. The property's prime location offers proximity to downtown Jacksonville and the Jacksonville Port. Additionally, a separately listed 9-unit strip center, currently 88% leased, is included in this portfolio sale. The property is zoned CCG-2 and features three buildings, all single-story structures, built in 1962. The current owner is a potential leaseback candidate for the warehouse space. This is a rare opportunity to own a significant piece of prime Jacksonville real estate with strong potential for immediate income and future growth. Note that there is no signage on the property. The asking price for this exceptional portfolio is $3,995,000.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1973
Construction STEEL FRAME
Total area 8,431 SF
Lot 1.61 ac (69,948 SF)
Zoning code CCG-2
APN 060801-0010
UPID US18-8454229
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
  • FLOORING REMOVALS (Wood, Tile, Laminate, Carpet, Vinyl) General Contractor Renovation Specialist
  • Designer Lifestyles LLC - Home Design Center Hardware & Home Improvement Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.47M
Comparable Approach Comparable
$2.23M
Blend (final) Blend
$1.83M
Owner & transaction history
Ati Consutling LLC
Ati Consutling LLC
since 2025
Last sale
$2.2M
1 recorded transaction
2025
$2.2M
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
Commercial (general) $2.1M +39.4%
Medical building $1.9M +26.2%
Auto repair, garage $1.8M +17.8%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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