2775 Mayport RdJacksonville, FL 32233

Property Details for 2775 Mayport Rd

Year built

1985

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.49 AC

Property size (Sq ft)

16,197 SF

Zone code

CCG-1

Property type

Strip malls

Property subtype

Neighborhood centers

APN

168355-0090

APU

1683550090

Description

This exceptional Class A retail center, Reef Retail Shopping Plaza - South, offers 15,465 square feet of prime retail space in Jacksonville, Florida. Built and renovated in 2022, this single-story building boasts a modern façade, new roof, and updated landscaping. Located at 2775 Mayport Rd, in Duval County (zip code 32233), the property benefits from a highly visible location at a signalized intersection along A1A (Mayport Rd) in the desirable Atlantic Beach community. The flexible space is ideal for a variety of uses, including retail, medical, or office tenants. A minimum of 784 square feet is divisible, with a maximum contiguous space of 11,384 square feet currently available. Ample parking is provided with 113 spaces. The property is zoned CCG-1. This is a unique opportunity to establish a presence in a thriving coastal community with excellent visibility and accessibility. The building's modern design and convenient location make it an attractive option for businesses seeking a high-quality space in a desirable market. Don't miss this chance to secure your place in this upscale retail center.

• CAP approach

  CAP return

  Valuation

  6%

  $2,966,000

  6.5%

  $2,737,840

  7%

  $2,542,280

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,145,620

  Geo Method

  $1,145,620

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,321,420

  Mixed-Use / Specialty

  $2,735,210

  Hospitality / Lodging

  $2,016,020

  Office

  $2,726,390

  Institutional / Educational

  $2,846,070

  Residential Income

  $3,329,900

  Multifamily

  $3,954,180

  Automotive / Energy

  $2,439,490

  Parking / Income-Based Land

  $834,793

  Restaurant / Food Service

  $1,437,820

  Healthcare / Senior Housing

  $2,797,600

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.3636

Longitude

-81.4115

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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