4316 Southside BlvdJacksonville, FL 32216

Property Details for 4316 Southside Blvd

Year built

2004

Construction

WOOD

Lot size

0.69 AC

Property size (Sq ft)

3,604 SF

Zone code

PUD

Property type

Drive through restaurants

APN

154246-0010

APU

1542460010

Description

This exceptional investment opportunity presents a 3,618-square-foot quick-service restaurant (QSR) building situated on a 0.75-acre lot at 4316 Southside Boulevard in Jacksonville, Florida, zip code 32216. The property, constructed in 2004, boasts excellent visibility and frontage on Southside Boulevard, a high-traffic thoroughfare. Currently configured as an Arby's, this single-story building offers 35 parking spaces, a significant advantage for customers. Its strategic location as an outparcel to a Publix supermarket ensures consistent foot traffic and brand recognition. The property benefits from its position within the Tinseltown area of Jacksonville, a vibrant commercial district. The asking price is $2,950,000, translating to $815.37 per square foot. With an average daily traffic count of 51,500 vehicles on Southside Boulevard, this property presents a compelling investment opportunity for discerning buyers seeking a well-established QSR location in a high-demand area. The property's strong location and existing infrastructure make it an ideal acquisition for both established and emerging QSR operators.

• CAP approach

  CAP return

  Valuation

  6%

  $919,237

  6.5%

  $848,526

  7%

  $787,917

• Comparable approach

  Method

  Valuation

  Relative Method

  $617,672

  Geo Method

  $617,672

• Alternative Use

  Use

  Valuation

  Residential

  $715,763

  Hospitality

  $655,636

  Educational

  $545,481

  Medical

  $564,241

  Retail

  $848,526

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.2683

Longitude

-81.5594

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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