7200 Normandy BlvdJacksonville, FL 32205

  • Retail properties
  • 9,565 SF
For Lease
$19/SF/YR View listing

Property Details for 7200 Normandy Blvd

Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
6.70 AC
Property size (Sq ft)
9,565 SF
Zone code
CCG-1
Property type
Retail properties
Property subtype
Community centers
APN
011687-0015
APU
116870015

Description

Normandy Station Shopping Center offers exceptional office space for lease in the thriving Normandy Manor submarket of Jacksonville, Florida. This multi-tenant property boasts a total of 70,780 square feet, with flexible lease options ranging from a minimum of 400 square feet to a maximum contiguous space of 3,815 square feet. Currently, 4,215 square feet of vacant space is available. One notable suite, a 3,815 square foot former salon, is move-in ready, with the option to purchase existing appliances, equipment, and furnishings separately. The center enjoys a prime location at the signalized intersection of Normandy Boulevard and Memorial Park Road, benefiting from high visibility and traffic counts. Normandy Boulevard sees 28,922 vehicles per day, while nearby I-295 and I-10 experience 94,763 and 84,854 vehicles per day, respectively. The property features 703 feet of frontage on Normandy Boulevard and prominent pylon monument signage. Ample parking is provided with nearly 300 spaces. This location offers excellent access to major retailers including Walmart, Publix, Walgreens, Aldi, and Winn-Dixie, ensuring high foot traffic and strong brand recognition. The property sits on 8 acres of land and is an ideal location for executive, medical, or creative office uses. An ATM outparcel opportunity and an end-cap space are also available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,036,376
    6.5%
    $2,802,808
    7%
    $2,602,608
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,639,300
    Geo Method
    $1,639,300
  • Alternative Use

    Use
    Valuation
    Residential
    $2,364,274
    Hospitality
    $2,165,662
    Educational
    $1,801,805
    Medical
    $1,863,772
    Retail
    $2,802,808
7200 Normandy Blvd, Jacksonville, Florida

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.2991
Longitude
-81.7656
CBSA code
27260
CBSA name
JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$106,587
$1,751,892
$4,432,708
$6,184,600
-
$1,751,892
$4,432,708
$6,184,600

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