7900 103Rd StJacksonville, FL 32210

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

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.

• 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

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

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