6801 Blanding Blvd Jacksonville, FL 32244-4418
- Strip malls
- 7,535 SF
- 0.61 lot acres
Mar 31, 2021
Current Use by Public Records
- 121 Financial Credit Union / Bank / Atm
Property Details for 6801 Blanding Blvd
- Year built
- 2022
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.61 lot acres
- Property size
- 7,535 SF
- Zone code
- CCG-2
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 098312-0000
- APU
- 983120000
Description
This exceptional 7,535 square foot, single-story office and retail building, constructed in 2022, presents a unique investment opportunity in Jacksonville, Florida. Located at 6801 Blanding Boulevard, the property boasts excellent visibility and accessibility at the signalized intersection of Blanding Boulevard and Morse Avenue. The building, formerly a bank branch, has undergone recent renovations and offers ample potential for various uses. The property sits on a 1.33-acre lot, including approximately 0.72 acres of vacant land adjacent to the building. This additional land offers significant development potential, such as the creation of a drive-thru facility to enhance the existing building's functionality. The property features 24 parking spaces per 1,000 square feet, ensuring convenient parking for customers and employees. The permitted zoning is CCG-2. The building's previous use as a bank branch provides a solid foundation for a variety of commercial ventures. The asking price is $3,100,000, making this a compelling investment opportunity for owner-users seeking a prime location in a thriving Jacksonville market. The property's location and features make it an ideal choice for businesses seeking high visibility and convenient access. Additional income potential exists through leasing of available space within the building. The property's APN is 098314 0000
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,450,000
- ML approach
- $1,590,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,870,000
- 6.5%
- $1,730,000
- 7%
- $1,605,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,210,000 Current use
- COMMERCIAL (GENERAL)
- $1,900,000 Change: +57% Conversion: Easy
- OFFICE BUILDING
- $1,775,000 Change: +47% Conversion: Moderate
- MEDICAL BUILDING
- $1,720,000 Change: +42% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,605,000 Change: +33% Conversion: Difficult
- RETAIL STORES
- $1,365,000 Change: +13% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,245,000 Change: +3% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.7372
- Latitude
- 30.226
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
