You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Drive through restaurants

649 Mcduff S Ave Jacksonville, FL 32205-5642

1,382 SF 0.34 ac lot Built 1983
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-3377149
Property summary
AI-generated overview

This fee-simple Jacksonville, FL Popeyes offers a compelling investment opportunity. The 1,382 square foot building, renovated in 2010 and equipped with a drive-thru, sits on a 0.34-acre lot at a high-traffic intersection just off I-10, experiencing over 160,000 vehicles per day. The property benefits from its location on the commuter side of I-10, three miles from downtown Jacksonville, a major employment center with 56,000 employees and three college campuses. Surrounding retailers include Lowe's, Winn-Dixie, Walgreens, and numerous fast-food chains. The absolute NNN lease with Sailormen, Inc., a 130+ unit operator, provides zero landlord responsibilities and features a remaining term of approximately 14.9 years, expiring September 30, 2039. The lease commenced September 20, 2019, and includes 1.75% annual rent increases and four 5-year renewal options. The asking price is $1,621,878, representing a 4.75% cap rate and a price per square foot of $1,173.57. The property's strong tenant, prime location, and favorable lease terms make it an attractive investment in a growing market with an estimated $2 billion in consumer spending within a 3-mile radius. The building was constructed in 1983. This is a depreciable asset.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,382 SF
Lot 0.34 ac (14,721 SF)
Zoning code CCG-2
APN 063380-0000
UPID US18-3377149
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
  • Popeyes Louisiana Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mrt LLC · 1 yrs held
Mrt LLC
since 2025
7 recorded transactions
2025
$1.5M
2021
Price N/A
2021
$1.7M
2019
$1.3M
2019
$1.2M
2017
Price N/A
2016
Price N/A
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 649 Mcduff S Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message