9965 San Jose BlvdJacksonville, FL 32257

Property Details for 9965 San Jose Blvd

Year built

1986

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

5.96 AC

Property size (Sq ft)

23,557 SF

Zone code

CCG-1

Property type

Strip malls

Property subtype

Neighborhood centers

APN

149003-0190

APU

1490030190

Description

Merchants Walk, a single-story, 53,246 square foot shopping center in Duval County, presents a compelling investment opportunity. Built in 1986, this well-maintained property boasts 22 suites across a 5.87-acre lot, offering multiple tenancy options. The center features a beautifully landscaped exterior and convenient access via multiple ingress/egress points. Its strategic location on the high-traffic San Jose Boulevard ensures excellent visibility and accessibility for businesses. Currently, three retail spaces are available, ranging from 1,131 to 4,962 square feet, providing flexibility for various retail concepts or restaurant uses. The property is zoned CCG-1, allowing for a diverse range of commercial activities. This established center offers a strong foundation for immediate occupancy and potential for long-term growth. The ample parking and attractive landscaping create a welcoming environment for shoppers and tenants alike. Its established presence on San Jose Boulevard provides immediate access to a large customer base. The opportunity to acquire this well-positioned retail center represents a significant advantage in the Duval County market. The existing infrastructure and established tenant base provide a solid foundation for future success. Consider this prime retail location for your next investment.

• CAP approach

  CAP return

  Valuation

  6%

  $6,008,450

  6.5%

  $5,546,262

  7%

  $5,150,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,037,321

  Geo Method

  $4,037,321

• Alternative Use

  Use

  Valuation

  Residential

  $4,678,480

  Hospitality

  $4,285,462

  Educational

  $3,565,454

  Medical

  $3,688,076

  Retail

  $5,546,262

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.1964

Longitude

-81.6209

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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