1124 21St StJacksonville, FL 32206

Property Details for 1124 21St St

Year built

1930

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.14 AC

Property size (Sq ft)

4,896 SF

Zone code

CCG-2

Property type

Retail properties

Property subtype

Auto shops

APN

113668-0000

APU

1136680000

Description

This exceptional 1,377-square-foot commercial property, located at 1124 E 21ST Street in Jacksonville, Florida (zip code 32206), presents a unique investment opportunity. Situated on a 0.14-acre lot, this single-tenant building boasts a convenient single-story design. The property features an open floor plan with high ceilings, ensuring ample space for a variety of commercial uses. Accessibility is a key advantage, with an ADA-compliant entrance and ample parking for customers. Its location within a bustling commercial district, yet close to residential areas, guarantees high visibility and foot traffic. The zoning, classified as CCG-2 within the Hartidges subdivision, allows for diverse commercial applications, including retail sales, food and beverage services, personal services, and office space. The flexible layout allows for customization, with the potential to incorporate glass fronts for a retail storefront. The property's APN is 1136680000. This versatile space is ideal for entrepreneurs and established businesses seeking a strategic location in a thriving Jacksonville neighborhood. The property's single-suite configuration offers efficiency and ease of management. Don't miss this chance to acquire a well-positioned commercial asset in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,300,160

  6.5%

  $1,200,148

  7%

  $1,114,423

• Comparable approach

  Method

  Valuation

  Relative Method

  $839,102

  Geo Method

  $839,102

• Alternative Use

  Use

  Valuation

  Residential

  $1,012,370

  Hospitality

  $927,325

  Educational

  $771,524

  Medical

  $798,058

  Retail

  $1,200,148

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.3572

Longitude

-81.6405

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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