9912 San Jose BlvdJacksonville, FL 32257

Property Details for 9912 San Jose Blvd

Year built

2006

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.73 AC

Property size (Sq ft)

6,720 SF

Zone code

PUD

Property type

Retail properties

Property subtype

Retail space

APN

149006-0000

APU

1490060000

Description

This vacant, 6,700 square foot shopping center sits on a 2.73-acre lot in Jacksonville, Florida's Mandarin submarket, at 9912 San Jose Blvd, zip code 32257. The property is zoned PUD and offers a fee simple ownership opportunity. The asking price is $2,200,000, translating to $328.36 per square foot. The building features a convenient grade-level bay door. The location boasts high visibility on a major retail artery with an average daily traffic count of 46,000 vehicles. The surrounding area demonstrates strong demographics, with a three-mile radius boasting a population of 60,918 and an average household income of $97,048. This presents a unique value-add investment opportunity for owner-users seeking to capitalize on the thriving Mandarin market. The property became vacant on December 13, 2023. The land value is $19.65 per square foot. The single-story building is classified as Class B.

• CAP approach

  CAP return

  Valuation

  6%

  $1,714,004

  6.5%

  $1,582,157

  7%

  $1,469,146

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,151,708

  Geo Method

  $1,151,708

• Alternative Use

  Use

  Valuation

  Residential

  $1,334,609

  Hospitality

  $1,222,495

  Educational

  $1,017,101

  Medical

  $1,052,081

  Retail

  $1,582,157

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.198

Longitude

-81.6231

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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