8405 Beach BlvdJacksonville, FL 32216
- Other commercial real estate
- 3,040 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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