10150 Beach BlvdJacksonville, FL 32246

  • Retail properties
  • 35,720 SF
For Sale
$290,000 View listing

Property Details for 10150 Beach Blvd

Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
3.81 AC
Property size (Sq ft)
35,720 SF
Zone code
CCG-2
Property type
Retail properties
Property subtype
Strip malls
APN
123184-0000
APU
1231840000

Description

This exceptional retail opportunity presents a thriving, well-established bakery and cafe located at 10150 Beach Boulevard in Jacksonville, Florida, zip code 32246. Built in 2007, this single-story, 1-unit business occupies a substantial 165,963.6 square foot lot. The asking price is $290,000. The business boasts a strong reputation and loyal customer base, built over 14 years of operation. Its Latin-inspired menu and full-service offerings contribute to its consistent success. All equipment is owned outright, with no outstanding lease obligations. The current lease is transferable and extends until April 30, 2026, providing a secure tenure for the new owner. The business currently operates six days a week, closing only on Mondays and Tuesdays. The value of the included machinery and inventory alone surpasses the asking price, making this a truly compelling investment. The property is situated within a shopping center featuring compatible businesses and high foot traffic, ensuring a steady stream of potential customers. This turnkey operation offers a rare chance to acquire a profitable, established business with significant growth potential. Financial details are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,110,746
    6.5%
    $8,409,920
    7%
    $7,809,211
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,121,880
    Geo Method
    $6,121,880
  • Alternative Use

    Use
    Valuation
    Residential
    $7,094,082
    Hospitality
    $6,498,141
    Educational
    $5,406,377
    Medical
    $5,592,310
    Retail
    $8,409,920
10150 Beach Blvd, Jacksonville, Florida

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.286
Longitude
-81.5496
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
$95,455
$929,271
$4,590,129
$5,519,400
-
$929,271
$4,590,129
$5,519,400

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