6023 Kingsley Lake DrStarke, FL 32091

Property Details for 6023 Kingsley Lake Dr

Year built

1966

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.22 AC

Property size (Sq ft)

6,380 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

15-06-23-021643-001-00

APU

15062302164300100

Description

This exceptional investment opportunity presents a thriving convenience store and grocery store combined, strategically located on 3.48 acres directly on State Road 16, adjacent to Camp Blanding Army Training Center in Starke, Florida. The property boasts a total of 6,280 square feet, with 5,652 square feet of net rentable space, spread across two single-story buildings constructed in 1966. The property features four gas pumps, ensuring a steady stream of customers. The asking price is $1,350,000, translating to $214.97 per square foot. The property is zoned BA and has a Clay County APN of 15-06-23-021643-001-00 and 16-06-23-021473-000-00. The anticipated occupancy date is September 10, 2024. This owner-user investment presents a unique chance to acquire a well-established business in a high-demand area. The property's prime location near Camp Blanding guarantees a consistent flow of customers, making it an ideal investment for both experienced and aspiring entrepreneurs. The substantial lot size offers potential for future expansion or development. This is a rare opportunity to own a profitable business with significant growth potential in a rapidly developing region. Don't miss out on this exceptional offering.

• CAP approach

  CAP return

  Valuation

  6%

  $2,025,309

  6.5%

  $1,869,516

  7%

  $1,735,979

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,093,438

  Geo Method

  $1,093,438

• Alternative Use

  Use

  Valuation

  Residential

  $1,577,006

  Hospitality

  $1,444,529

  Educational

  $1,201,832

  Medical

  $1,243,164

  Retail

  $1,869,516

Location Insight

City

Starke

County

Clay

State

Florida

Latitude

29.9815

Longitude

-81.9977

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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