4380 Moncrief RdJacksonville, FL 32209

Property Details for 4380 Moncrief Rd

Year built

2013

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.52 AC

Property size (Sq ft)

8,320 SF

Zone code

CN

Property type

Retail properties

Property subtype

Retail space

APN

041466-0000

APU

414660000

Description

This exceptional retail property, located at 4380 Moncrief Rd W in Jacksonville, Florida, presents a remarkable investment opportunity. The vacant, freestanding building offers 8,320 square feet of space, situated on a generous 2.52-acre lot. Built in 2013, the property is zoned CN and boasts ample paved parking, ensuring convenient access for customers. Its strategic location at the signalized intersection of Moncrief Rd and Cleveland Rd provides excellent visibility and high foot traffic. Two convenient access points further enhance accessibility. The property's previous use as a Family Dollar store highlights its proven retail viability. The asking price is $1,700,000, translating to $204.33 per square foot. This prime location, combined with the substantial building size and ample parking, makes this an ideal space for a variety of retail ventures. The property's prominent tall monument signage ensures maximum brand visibility. This is a rare opportunity to acquire a well-situated, high-traffic retail space in a thriving Jacksonville neighborhood. The property is currently vacant, allowing for immediate occupancy and customization to suit your specific business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $2,058,358

  6.5%

  $1,900,023

  7%

  $1,764,307

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,425,925

  Geo Method

  $1,425,925

• Alternative Use

  Use

  Valuation

  Residential

  $1,602,740

  Hospitality

  $1,468,102

  Educational

  $1,221,443

  Medical

  $1,263,450

  Retail

  $1,900,023

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.3872

Longitude

-81.7165

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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