5016 Gate PkwyJacksonville, FL 32256

Property Details for 5016 Gate Pkwy

Year built

2019

Construction

STEEL FRAME

Lot size

1.78 AC

Property size (Sq ft)

9,937 SF

Zone code

PUD

Property type

Strip malls

Property subtype

Neighborhood centers

APN

167742-0230

APU

1677420230

Description

Gateway Village, located at 5016 Gate Parkway in Jacksonville, Florida (zip code 32256), presents a prime retail and restaurant opportunity. This Duval County property offers a substantial 4,180 square feet of vacant space, ideal for a single large tenant or multiple smaller businesses. The property is classified as a multi-tenant retail building, making it suitable for a variety of restaurant concepts or complementary retail ventures. The address is easily accessible from Gate Parkway, ensuring high visibility and convenient access for customers. The building's location within the Gateway Village complex provides potential for synergy with existing businesses and increased foot traffic. This space is perfect for an established restaurant looking to expand or a new concept seeking a strong foothold in a thriving Jacksonville neighborhood. The 4,180 square feet provides ample room for a full-service restaurant, including dining areas, kitchen facilities, and storage. The property's precise layout and specifications can be provided upon request. Serious inquiries are encouraged to explore this exceptional opportunity to establish a successful business in a high-traffic location within a well-established commercial center. The property is situated at latitude 30.2457468 and longitude -81.5362242. Further details regarding lease terms and conditions are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $2,534,532

  6.5%

  $2,339,568

  7%

  $2,172,456

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,703,055

  Geo Method

  $1,703,055

• Alternative Use

  Use

  Valuation

  Residential

  $1,973,513

  Hospitality

  $1,807,728

  Educational

  $1,504,008

  Medical

  $1,555,733

  Retail

  $2,339,568

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.2458

Longitude

-81.5364

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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