11362 San Jose BlvdJacksonville, FL 32223

Property Details for 11362 San Jose Blvd

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.81 AC

Property size (Sq ft)

33,093 SF

Zone code

PUD

Property type

Retail properties

Property subtype

Strip malls

APN

156114-0000

APU

1561140000

Description

The Gates of Olde Mandarin, a single-story, 32,733 square foot shopping center, presents a unique investment opportunity in Duval County. Built in 1988, this established center boasts 19 suites, currently housing a mix of retail stores, restaurants, and spas. The property sits on a 3.75-acre lot and offers ample parking with 139 spaces. Currently, 1,388 square feet of retail space is available, with additional space potentially available. The center benefits from a high-traffic location on San Jose Boulevard, experiencing 52,000 vehicles per day. Its attractive landscaping, featuring mature oak trees, creates a welcoming atmosphere for shoppers. The property is zoned CCG1 and has an APN of 156114-0000. This established center offers a strong foundation for continued success and growth, making it an ideal investment for those seeking a well-located retail property in a thriving area. The property's size and suite configuration offer flexibility for a variety of tenants. The high visibility and convenient location ensure strong tenant appeal and potential for increased revenue.

• CAP approach

  CAP return

  Valuation

  6%

  $8,376,344

  6.5%

  $7,732,010

  7%

  $7,179,724

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,671,650

  Geo Method

  $5,671,650

• Alternative Use

  Use

  Valuation

  Residential

  $6,522,240

  Hospitality

  $5,974,337

  Educational

  $4,970,578

  Medical

  $5,141,524

  Retail

  $7,732,010

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.1679

Longitude

-81.6322

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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