8405 Beach BlvdJacksonville, FL 32216

  • Other commercial real estate
  • 3,040 SF
For Sale
$7,500,000 View listing

Property Details for 8405 Beach Blvd

Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.12 AC
Property size (Sq ft)
3,040 SF
Zone code
CCG-2
Property type
Other commercial real estate
APN
136426-0000
APU
1364260000

Description

This exceptional 1.18-acre commercial land parcel, located at 8405 Beach Blvd in Jacksonville, Florida (Duval County, zip code 32216), presents a unique investment opportunity. Currently zoned CCG-2, the property is being offered for sale with a leaseback option. The asking price is $7,500,000. The seller is offering a 20-year leaseback with a 10% rent increase every five years, providing a strong, predictable income stream. This translates to a 6% capitalization rate based on the current projections. The property is offered as a fee simple ownership. Lease options are available for potential buyers interested in alternative ownership structures. This prime location in Jacksonville offers significant potential for growth and return on investment. The sale includes the option for a business-only sale, eliminating the leaseback if preferred. This versatile property is ideal for investors seeking a secure, long-term investment with substantial upside potential. Detailed financial projections and lease terms are available upon request. Don't miss this opportunity to acquire a highly desirable commercial property in a thriving Jacksonville location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $603,752
    Hospitality
    $553,033
    Educational
    $460,117
    Medical
    $475,941
    Retail
    $715,738
8405 Beach Blvd, Jacksonville, Florida

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.2884
Longitude
-81.5724
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
$7,365
$363,204
$20,681
$383,885
-
$363,204
$20,681
$383,885

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