800 Lomax StJacksonville, FL 32204
- Office properties
- 16,308 SF
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 properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,946,042
- 6.5%
- $2,719,423
- 7%
- $2,525,179
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,109,107
- Geo Method
- $1,109,107
-
Alternative Use
- Use
- Valuation
- Residential
- $3,372,085
- Hospitality
- $3,088,812
- Educational
- $2,569,855
- Medical
- $2,658,236
- Retail
- $3,997,552
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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