1035 Park StJacksonville, FL 32204

Property Details for 1035 Park St

Year built

1930

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.06 AC

Property size (Sq ft)

2,547 SF

Zone code

CCG-1

Property type

Retail properties

Property subtype

Retail space

APN

090344-0000

APU

903440000

Description

This exceptional retail space at 1035 Park Street in Jacksonville, Florida, presents a unique investment opportunity within the vibrant 5 Points neighborhood. Located in Duval County, zip code 32204, this single-tenancy property is ideally suited for a restaurant or urban storefront. The property benefits from its location in Riverside, a nationally registered historic district and one of Jacksonville's most sought-after neighborhoods. Riverside is renowned for its blend of historic charm and modern design, attracting a dynamic mix of residents and visitors. The area boasts a thriving community of innovative retailers, chef-driven restaurants, and a vibrant nightlife scene. This location is particularly appealing to the millennial demographic, with a remarkable 45% population increase in the last five years. Riverside's live-work-play environment creates a strong and consistent customer base. The property's address is 1035 Park Street, Jacksonville, FL 32204, offering excellent visibility and accessibility within this highly desirable area. This is a rare chance to establish a business in a thriving, historic, and rapidly growing community. The property type is retail, specifically categorized as a restaurant and urban storefront.

• CAP approach

  CAP return

  Valuation

  6%

  $676,370

  6.5%

  $624,342

  7%

  $579,746

• Comparable approach

  Method

  Valuation

  Relative Method

  $436,518

  Geo Method

  $436,518

• Alternative Use

  Use

  Valuation

  Residential

  $526,656

  Hospitality

  $482,414

  Educational

  $401,363

  Medical

  $415,166

  Retail

  $624,342

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.3145

Longitude

-81.6806

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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