1755 45Th StJacksonville, FL 32208

Property Details for 1755 45Th St

Year built

1978

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.21 AC

Property size (Sq ft)

3,016 SF

Zone code

CCG-1

Property type

Strip malls

Property subtype

Neighborhood centers

APN

028876-0000

APU

288760000

Description

This prime Jacksonville, FL retail property, located at 1755 W 45TH Street, presents a compelling investment opportunity. The 9,583.2 sq ft lot houses a 1978-built triplex zoned CCG-1, offering significant flexibility. Situated across from St. Claire Evans Academy, this property benefits from high visibility and accessibility due to its location in a bustling area with heavy car traffic. Currently, the triplex consists of three separate units, ideal for generating rental income or conversion into a single-use space. The property is in need of repair, presenting a chance for renovation and modernization to increase its value and profitability. The asking price is $399,000. All information is deemed reliable but not guaranteed and should be independently verified by the buyer. Please note that security cameras may be present on the property.

• CAP approach

  CAP return

  Valuation

  6%

  $800,916

  6.5%

  $739,307

  7%

  $686,499

• Comparable approach

  Method

  Valuation

  Relative Method

  $516,898

  Geo Method

  $516,898

• Alternative Use

  Use

  Valuation

  Residential

  $623,633

  Hospitality

  $571,244

  Educational

  $475,269

  Medical

  $491,614

  Retail

  $739,307

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.3728

Longitude

-81.6865

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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