11035 Philips HwyJacksonville, FL 32256

Property Details for 11035 Philips Hwy

Year built

1998

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.25 AC

Property size (Sq ft)

26,519 SF

Zone code

CCG-1

Property type

Retail properties

Property subtype

Strip malls

APN

156590-0200

APU

1565900200

Description

Avenues South, a single-story, 26,632 square foot shopping center in Duval County, offers exceptional retail and restaurant opportunities. Built in 1998 on a 2.25-acre lot, this established center boasts a prime location just south of The Avenues Mall, strategically positioned amidst a concentration of new car dealerships and furniture stores, ensuring high visibility and foot traffic. The property features a total of 26,632 square feet of retail/showroom space, currently offering two available spaces ranging from 2,600 to 4,450 square feet, ideal for a variety of businesses. The property's APN is 156590-0200. This is a multi-tenant property presenting a unique chance to establish or expand your business in a thriving commercial area. The building's single-story design provides easy accessibility and ample parking for customers and employees. Its location within a well-established retail corridor guarantees a strong customer base and significant potential for growth. This property represents a compelling investment opportunity in a high-demand area with excellent visibility and convenient access. The property's established presence and strategic location make it an attractive option for businesses seeking a strong foothold in a bustling commercial district. Contact us today to learn more about this exceptional retail opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $6,763,938

  6.5%

  $6,243,636

  7%

  $5,797,662

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,544,964

  Geo Method

  $4,544,964

• Alternative Use

  Use

  Valuation

  Residential

  $5,266,740

  Hospitality

  $4,824,306

  Educational

  $4,013,766

  Medical

  $4,151,805

  Retail

  $6,243,636

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.1702

Longitude

-81.5426

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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