800 Lomax StJacksonville, FL 32204

Property Details for 800 Lomax St

Year built

1954

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.39 AC

Property size (Sq ft)

16,308 SF

Zone code

CCG-1

Property type

Office buildings

APN

090322-0000

APU

903220000

Description

800 Lomax Street in Jacksonville, Florida, presents a unique retail investment opportunity in the vibrant Riverside submarket of Duval County. This 17,200 square foot building, located in the charming historic 5 Points neighborhood, currently houses a well-established antique mall, Fans & Stoves, and offers multiple spaces for lease. A significant portion of the building, totaling 13,977 square feet, is currently vacant, providing substantial potential for new tenants. The property is ideally suited for a variety of retail uses, particularly restaurants, given its existing tenant and location. Individual spaces range from a minimum of 1,240 square feet to a maximum contiguous space of 5,980 square feet, offering flexibility for businesses of various sizes. The property's address is 800 Lomax Street, Jacksonville, FL 32204, situated within the highly desirable Riverside submarket, known for its unique character and strong local patronage. This prime location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a presence in a thriving community. The building's existing tenant provides a strong foundation for future success, and the available space presents a chance to create a vibrant and diverse retail environment. This is a rare opportunity to acquire a significant retail presence in one of Jacksonville's most sought-after neighborhoods.

• CAP approach

  CAP return

  Valuation

  6%

  $3,338,850

  6.5%

  $3,082,010

  7%

  $2,861,870

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,109,110

  Geo Method

  $1,109,110

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $6,344,880

  Retail / Commercial

  $3,199,370

  Mixed-Use / Specialty

  $3,145,220

  Hospitality / Lodging

  $2,251,890

  Institutional / Educational

  $3,254,490

  Residential Income

  $3,807,750

  Multifamily

  $4,803,790

  Automotive / Energy

  $2,789,560

  Parking / Income-Based Land

  $1,004,880

  Restaurant / Food Service

  $1,544,620

  Healthcare / Senior Housing

  $3,269,200

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.3133

Longitude

-81.6807

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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