525 3Rd StJacksonville Beach, FL 32250

  • Retail properties
  • 4,014 SF
For Lease

Property Details for 525 3Rd St

Year built
2007
Construction
WOOD
Lot size
0.01 AC
Property size (Sq ft)
4,014 SF
Property type
Retail properties
Property subtype
Retail space
APN
173993-5102
APU
1739935102

Description

This exceptional beachfront retail opportunity, located at 525 3rd St N in Jacksonville Beach, Florida (zip code 32250), presents a unique investment prospect. The Gates at Pier Point is a single-story, 27,327 square foot building constructed in 2007, boasting five individual suites and a total of 50 parking spaces. The property sits on 1.72 acres of land and enjoys a prime location directly across from the bustling Jacksonville Beach, ensuring high visibility and foot traffic from both tourists and locals. Currently, one 1,440 square foot suite is available. The property is zoned JCBD, Jacksonville, and its Duval County location offers easy access to major transportation routes. The property's address is further identified by its cross street, 2nd St, and its APN is 173993-5100. This is an ideal location for a variety of retail or restaurant businesses seeking high exposure and a vibrant customer base. The property's beachfront location and proximity to Jacksonville Beach's attractions make it a highly desirable commercial space. The building's size and suite configuration offer flexibility for various business needs. Don't miss this chance to establish your business in a thriving coastal community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,081,892
    6.5%
    $998,669
    7%
    $927,336
  • Comparable approach

    Method
    Valuation
    Relative Method
    $687,940
    Geo Method
    $687,940
  • Alternative Use

    Use
    Valuation
    Residential
    $842,415
    Hospitality
    $771,647
    Educational
    $642,002
    Medical
    $664,081
    Retail
    $998,669
525 3Rd St, Jacksonville Beach, Florida

Location Insight

City
Jacksonville Beach
County
Duval
State
Florida
Latitude
30.2934
Longitude
-81.3924
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
$14,422
-
$888,500
$888,500
-
-
$888,500
$888,500

FAQs

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