1435 Naldo AveJacksonville, FL 32207

Property Details for 1435 Naldo Ave

Year built

1971

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.43 AC

Property size (Sq ft)

2,448 SF

Zone code

CRO

Property type

Retail properties

Property subtype

Retail space

APN

080676-0000

APU

806760000

Description

This exceptional 160-square-foot Class A commercial space, built in 2020 and renovated in 2021, presents a unique investment opportunity in Jacksonville's vibrant San Marco neighborhood. Located at 1435 Naldo Ave, near the intersection of Cedar Street and Naldo Avenue, this single-tenant property is zoned CRO and situated within the Downtown Southbank submarket cluster. The property boasts a charming design, originally a shipping container converted into a fully built-out coffee shop. Key features include existing outdoor seating, fully installed air conditioning, plumbing, and electrical systems, and a three-compartment sink. The space is currently vacant and ready for immediate occupancy. With 37 total parking spaces available, this location offers excellent accessibility for customers and staff. The building is a single-story structure, eliminating the need for elevators. This turnkey operation is perfect for a micro-restaurant, juice bar, or coffee shop seeking a prime location in a thriving area of Jacksonville, Florida, zip code 32207. The property's prime location and existing infrastructure make it an ideal opportunity for a quick start-up or expansion. Don't miss this chance to establish your business in the heart of San Marco.

• CAP approach

  CAP return

  Valuation

  6%

  $650,080

  6.5%

  $600,074

  7%

  $557,212

• Comparable approach

  Method

  Valuation

  Relative Method

  $419,551

  Geo Method

  $419,551

• Alternative Use

  Use

  Valuation

  Residential

  $506,185

  Hospitality

  $463,663

  Educational

  $385,762

  Medical

  $399,029

  Retail

  $600,074

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.3115

Longitude

-81.6555

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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