619 Cassat Ave Jacksonville, FL 32205
Property Lookup
Property profile & analytics
619 Cassat Ave Jacksonville, FL 32205
- Outlet malls
- 8,431 SF
- 1.61 lot acres
Property ID
US18-8454229
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by 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
Property Details for 619 Cassat Ave
- Year built
- 1973
- Construction
- STEEL FRAME
- Lot size
- 1.61 lot acres
- Property size
- 8,431 SF
- Zone code
- CCG-2
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 060801-0010
- APU
- 608010010
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,590,000
- 6.5%
- $1,465,000
- 7%
- $1,360,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,233,000
- AI Estimate
- $1,115,000
Market price range: $674k - $2.59MMarket price range: $329k - $1.16M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,525,000 Current use
- COMMERCIAL (GENERAL)
- $2,125,000 Change: +39% Conversion: Easy
- MEDICAL BUILDING
- $1,925,000 Change: +26% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,800,000 Change: +18% Conversion: Difficult
- OFFICE BUILDING
- $1,635,000 Change: +7% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,390,000 Change: -9% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,355,000 Change: -11% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.7299
- Latitude
- 30.3166
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,439
$329,316
$1,051,584
$1,380,900
-
$329,316
$1,051,584
$1,380,900
