5413 Normandy BlvdJacksonville, FL 32205

  • Retail space
  • 5,040 SF
For Sale
$650,000 View listing

Property Details for 5413 Normandy Blvd

Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.15 AC
Property size (Sq ft)
5,040 SF
Zone code
CCG-2
Property type
Retail space
APN
059614-0000
APU
596140000

Description

This exceptional 5,220 square foot retail storefront is ideally situated on Normandy Boulevard in Jacksonville, Florida, offering unparalleled visibility and accessibility. Located in Duval County, zip code 32205, the property boasts a generous 0.44-acre lot, providing ample space for customer parking and potential expansion. The asking price is $650,000, translating to a price per square foot of $124.52. This represents a strong investment opportunity in a high-traffic area. The property is zoned CCG-2, allowing for a variety of retail uses. Its prime location on Normandy Boulevard ensures high visibility for your business, attracting significant foot and vehicle traffic. The spacious interior offers flexibility for various retail configurations, making it suitable for a wide range of businesses. This turnkey opportunity combines a desirable location with a substantial building size, presenting a compelling investment prospect for discerning buyers seeking a strong return on investment in the thriving Jacksonville market. The property's size and zoning provide significant potential for future growth and adaptation to evolving market demands. Serious inquiries are encouraged to explore this exceptional retail space. The property's latitude and longitude coordinates are 30.3094462 and -81.7400178 respectively.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,599,930
    6.5%
    $1,476,859
    7%
    $1,371,369
  • Comparable approach

    Method
    Valuation
    Relative Method
    $863,781
    Geo Method
    $863,781
  • Alternative Use

    Use
    Valuation
    Residential
    $1,245,786
    Hospitality
    $1,141,133
    Educational
    $949,409
    Medical
    $982,061
    Retail
    $1,476,859

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.3092
Longitude
-81.74
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
$8,637
$45,000
$440,700
$485,700
-
$45,000
$440,700
$485,700

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