1050 Cassat AveJacksonville, FL 32205

  • Retail properties
  • 7,040 SF
For Lease
$16/SF/YR View listing

Property Details for 1050 Cassat Ave

Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.28 AC
Property size (Sq ft)
7,040 SF
Zone code
CCG-2
Property type
Retail properties
Property subtype
Strip malls
APN
059774-0000
APU
597740000

Description

This exceptional 7,040 square foot flex space, located at 1050 Cassat Avenue in Jacksonville, Florida, presents a unique investment opportunity. Situated in Duval County, this single-story building boasts a prime location with excellent street frontage and easy access. The property features two suites, with 3,034 square feet currently vacant and divisible down to 1,506 square feet, offering maximum flexibility for various business needs. The building underwent renovations in 2024, ensuring modern amenities and a high-quality space. With a 15-foot ceiling height, two loading docks, and a generous 12,340 square foot lot, this property is ideal for businesses requiring ample space and functionality. The CCG-2 zoning allows for a range of uses, making it suitable for retail, industrial, or flex operations. Its convenient location in Jacksonville, FL 32205, offers easy access to major highways and a thriving commercial and residential area. This Class C property provides a cost-effective solution for businesses seeking a versatile and well-maintained space. The property is ready for immediate occupancy. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,234,823
    6.5%
    $2,062,914
    7%
    $1,915,563
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,206,552
    Geo Method
    $1,206,552
  • Alternative Use

    Use
    Valuation
    Residential
    $1,740,145
    Hospitality
    $1,593,964
    Educational
    $1,326,159
    Medical
    $1,371,768
    Retail
    $2,062,914
1050 Cassat Ave, Jacksonville, Florida

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.3078
Longitude
-81.7309
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
$16,155
$74,088
$815,912
$890,000
-
$74,088
$815,912
$890,000

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