5077 Normandy BlvdJacksonville, FL 32205

  • Retail properties
  • 550 SF
For Sale
$1,550,000 View listing

Property Details for 5077 Normandy Blvd

Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.48 AC
Property size (Sq ft)
550 SF
Zone code
CCG-2
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
059889-0080
APU
598890080

Description

This exceptional owner-user opportunity presents a thriving Jacksonville convenience store and gas station, ideally situated at 5077 Normandy Blvd, in Duval County, Florida, zip code 32205. The property encompasses a 0.52-acre lot with two buildings totaling 3,950 square feet of net rentable space. The asking price is $1,550,000, translating to $392.41 per square foot. The business boasts impressive monthly sales figures: $40,000 in inside sales and 40,000 gallons of fuel sold. Further enhancing profitability is a self-operating car wash, lottery sales, and an ATM, which collectively contribute an additional $120,000 in annual net profit. The property includes six gas pumps and benefits from an open fuel supply agreement. This turnkey operation offers a unique blend of real estate and business ownership, presenting a compelling investment opportunity for a discerning buyer. The property's prime location in Jacksonville, Florida ensures high visibility and consistent customer traffic. This is a rare chance to acquire a well-established, profitable business with significant growth potential. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $174,596
    6.5%
    $161,165
    7%
    $149,653
  • Comparable approach

    Method
    Valuation
    Relative Method
    $94,262
    Geo Method
    $94,262
  • Alternative Use

    Use
    Valuation
    Residential
    $135,949
    Hospitality
    $124,528
    Educational
    $103,606
    Medical
    $107,169
    Retail
    $161,165
5077 Normandy Blvd, Jacksonville, Florida

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.3095
Longitude
-81.7331
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
$5,114
$102,000
$156,504
$258,504
-
$102,000
$156,504
$258,504

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