1195 Edgewood AveJacksonville, FL 32205

Property Details for 1195 Edgewood Ave

Lot size

0.48 AC

Zone code

CCG-1

Property type

Parking lots & garages

APN

061488-0005

APU

614880005

Description

This exceptional 4,750-square-foot retail space, located at 1195 Edgewood Avenue South in Jacksonville, Florida, 32205, presents a unique investment opportunity. Built in 2024, this single-story building offers flexible tenancy options, with a minimum divisible space of 1,585 square feet and a maximum contiguous space of 4,750 square feet. Currently, the entire 4,750 square feet is vacant, providing a blank canvas for a new business. The property boasts a highly visible corner location at the entrance to the vibrant Murray Hill neighborhood, situated between Riverside and Avondale. This strategic position on Edgewood Avenue South provides excellent exposure to high-volume traffic from Roosevelt Boulevard, a major thoroughfare connecting to Jacksonville's central business district. Murray Hill's transformation into a thriving hub for local art, diverse culinary experiences, craft breweries, and innovative businesses creates a dynamic and attractive environment for retailers. This property offers unparalleled access to a growing customer base in one of Jacksonville's most sought-after neighborhoods. The property's modern construction and flexible space make it ideal for a variety of retail concepts.

• CAP approach

  CAP return

  Valuation

  6%

  $6,019,074

  6.5%

  $5,556,069

  7%

  $5,159,206

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,612,114

  Geo Method

  $3,612,114

• Alternative Use

  Use

  Valuation

  Residential

  $4,686,752

  Hospitality

  $4,293,040

  Educational

  $3,571,758

  Medical

  $3,694,597

  Retail

  $5,556,069

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.3085

Longitude

-81.7131

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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