4585 San Juan AveJacksonville, FL 32210

Property Details for 4585 San Juan Ave

Year built

1964

Construction

STEEL FRAME

Lot size

0.55 AC

Property size (Sq ft)

2,105 SF

Zone code

CCG-2

Property type

Drive through restaurants

APN

093665-0000

APU

936650000

Description

This exceptional 0.55-acre commercial lot, located at the northeast corner of San Juan Avenue and Jersey Street in Jacksonville, Florida (zip code 32210), presents a unique investment opportunity. The property, situated at 4585 San Juan Ave, boasts a former 2,218 square foot fast-food restaurant building that has been removed, leaving a cleared lot ready for immediate development. The site previously housed a Krystal restaurant and includes a pre-existing drive-thru lane, a significant advantage for quick-service restaurant operators. Its strategic location ensures high visibility and accessibility, catering to the nearby Lakeshore, Avondale, and Ortega neighborhoods. The property is zoned CCG-2 commercial, making it suitable for a variety of commercial uses, particularly quick-service restaurants or similar businesses. The asking price for this prime location is $1,100,000. This is a rare opportunity to acquire a ready-to-develop parcel in a thriving Jacksonville area. The site's existing infrastructure, including the drive-thru, significantly reduces development time and costs, making it an attractive proposition for investors and developers alike. Don't miss this chance to capitalize on this exceptional commercial land offering.

• CAP approach

  CAP return

  Valuation

  6%

  $668,225

  6.5%

  $616,823

  7%

  $572,764

• Comparable approach

  Method

  Valuation

  Relative Method

  $360,766

  Geo Method

  $360,766

• Alternative Use

  Use

  Valuation

  Residential

  $520,313

  Hospitality

  $476,604

  Educational

  $396,529

  Medical

  $410,166

  Retail

  $616,823

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.2825

Longitude

-81.7233

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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