9716 San Jose BlvdJacksonville, FL 32257

Property Details for 9716 San Jose Blvd

Year built

1974

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.41 AC

Property size (Sq ft)

18,000 SF

Zone code

CCG-2

Property type

Retail properties

Property subtype

Banks

APN

148969-0010

APU

1489690010

Description

This exceptional 2.18± acre commercial property presents a rare opportunity in the thriving Mandarin area of Jacksonville, Florida. Located at 9716 San Jose Blvd, this former Fifth Third Bank building sits on a signalized corner at Kori Road, boasting 268 feet of frontage on San Jose Boulevard. The property is zoned CCG-2, allowing for a variety of retail uses, making it highly versatile for prospective buyers. Importantly, a deed restriction prevents future banking operations on the site, opening the door for innovative and diverse commercial ventures. The site's strategic location offers significant advantages, including adjacency to a future Home Depot, ensuring high visibility and foot traffic. San Jose Boulevard experiences a high average annual daily traffic count of 38,500 vehicles, guaranteeing substantial exposure for any business operating here. Furthermore, the surrounding area boasts a strong demographic profile, with an average household income within one mile exceeding $110,580, indicating a robust consumer base. This property is ideal for developers and investors seeking a prime retail location in a rapidly growing market. The single-tenant occupancy offers flexibility for immediate use or redevelopment. This is a truly exceptional opportunity to acquire a highly visible and strategically located commercial property in one of Jacksonville's most desirable areas.

• CAP approach

  CAP return

  Valuation

  6%

  $4,591,082

  6.5%

  $4,237,922

  7%

  $3,935,213

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,084,934

  Geo Method

  $3,084,934

• Alternative Use

  Use

  Valuation

  Residential

  $3,574,845

  Hospitality

  $3,274,539

  Educational

  $2,724,378

  Medical

  $2,818,074

  Retail

  $4,237,922

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.2017

Longitude

-81.619

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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