7900 103Rd StJacksonville, FL 32210

  • Retail properties
  • 19,075 SF
For Lease

Property Details for 7900 103Rd St

Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
8.72 AC
Property size (Sq ft)
19,075 SF
Zone code
CCG-1
Property type
Retail properties
Property subtype
Community centers
APN
014511-0500
APU
145110500

Description

Hillman Square Shopping Center, located at 7900 103rd St, Jacksonville, FL 32210, presents a prime retail investment opportunity. This single-story, 76,400 square foot shopping center sits on an 8.86-acre lot, offering ample space and visibility. Built in 1989 and renovated in 2000, the property boasts 34 suites, with three currently available, ranging from 1,000 to 11,400 contiguous square feet. The center features 350 parking spaces and is conveniently located at the corner of 103rd Street and Hillman Road in Jacksonville's Westside area, within one mile of I-295, experiencing high traffic counts of 47,500 vehicles daily. The property is zoned CCG1 and serviced by JEA power. The building has a load factor of 1 and a floor area ratio (FAR) of 1.58. This is an exceptional opportunity for businesses seeking high visibility and convenient access in a thriving Jacksonville location. Currently, 11,400 square feet of space is vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,055,292
    6.5%
    $5,589,500
    7%
    $5,190,250
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,269,173
    Geo Method
    $3,269,173
  • Alternative Use

    Use
    Valuation
    Residential
    $4,714,952
    Hospitality
    $4,318,872
    Educational
    $3,593,250
    Medical
    $3,716,828
    Retail
    $5,589,500
7900 103Rd St, Jacksonville, Florida

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.2471
Longitude
-81.7785
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
-
$1,562,726
$3,554,174
$5,116,900
-
$1,562,726
$3,554,174
$5,116,900

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