5751 Main StJacksonville, FL 32208

Property Details for 5751 Main St

Year built

1989

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

11.53 AC

Property size (Sq ft)

12,600 SF

Zone code

CCG-1

Property type

Retail properties

Property subtype

Community centers

APN

031371-0000

APU

313710000

Description

Main Street Station, a prominent neighborhood shopping center in Duval County's Main Street submarket cluster, presents an exceptional opportunity for medical office tenants. This Class B property, totaling 79,486 square feet, boasts three single-story buildings constructed in 1989 and renovated in 2000, offering a blend of modern amenities and established presence. The property sits on an expansive 11.53-acre lot with ample parking (300 spaces) and features a flexible layout accommodating multiple tenants. Currently, 30,574 square feet of contiguous space is available, with a minimum divisible space of 12,000 square feet. The property's zoning (CCG 1) allows for a variety of uses, including medical offices, retail, and restaurants. Its strategic location, three miles from downtown Jacksonville, benefits from high visibility and accessibility due to its placement at a signalized intersection. Power is supplied by JEA. The building's Floor Area Ratio (FAR) is 1.58. This is an ideal location for medical practices seeking a well-established and easily accessible space within a thriving commercial area. The property's 16 total suites offer diverse options for businesses of various sizes. The property's address is conveniently located near the intersection of Main Street and 48th Street. The APN is 031371-0000.

• CAP approach

  CAP return

  Valuation

  6%

  $3,346,001

  6.5%

  $3,088,616

  7%

  $2,868,001

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,159,454

  Geo Method

  $2,159,454

• Alternative Use

  Use

  Valuation

  Residential

  $2,605,364

  Hospitality

  $2,386,499

  Educational

  $1,985,539

  Medical

  $2,053,825

  Retail

  $3,088,616

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.375

Longitude

-81.6498

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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