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1133 Cassat Ave 651 SF Retail Building Jacksonville, FL 32205 $900,000 ($1,382.49/SF) 4.60% Cap Rate
Investment Highlights
- Includes an automotive facility, usable yard and parking area, and a single-family residence.
- Dual zoning (CCG-2 + RMD-D) allows for redevelopment and adaptive reuse.
- High-traffic exposure providing superior visibility and long-term positioning benefits.
- ±30,689 SF of total site area with strong frontage on a major corridor.
- Located within an active commercial corridor surrounded by national retailers and auto businesses.
Executive Summary
Great Land Value! This offering presents a three-asset investment portfolio strategically located along the high-traffic Cassat Avenue corridor in Jacksonville, Florida. Anchored by a single long-term tenant, the property provides stable in-place income while offering meaningful upside potential through future repositioning. The ±0.70-acre assemblage includes an automotive shop, a usable yard with dedicated parking, and a single-family home.
The property benefits from dual zoning (CCG-2 and RMD-D), which enables multiple redevelopment approaches and long-term adaptability. Its strong frontage along one of Jacksonville’s primary commercial corridors ensures consistent visibility and exposure with significant vehicular traffic counts. This submarket is characterized by a dense concentration of auto service companies and national retailers, underscoring the site’s long-standing appeal for commercial and mixed-use applications. This is a rare opportunity for investors seeking durable cash flow coupled with flexibility for value enhancement in a growing corridor environment.
The property benefits from dual zoning (CCG-2 and RMD-D), which enables multiple redevelopment approaches and long-term adaptability. Its strong frontage along one of Jacksonville’s primary commercial corridors ensures consistent visibility and exposure with significant vehicular traffic counts. This submarket is characterized by a dense concentration of auto service companies and national retailers, underscoring the site’s long-standing appeal for commercial and mixed-use applications. This is a rare opportunity for investors seeking durable cash flow coupled with flexibility for value enhancement in a growing corridor environment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
651 SF
Building Class
C
Year Built
1971
Price
$900,000
Price Per SF
$1,382.49
Cap Rate
4.60%
NOI
$41,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.47 AC
Zoning
CCG-2 - Commercial Business
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
97’ on Cassat Ave
Amenities
- Pylon Sign
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 065965-0005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $218,898 |
Property Taxes
Parcel Number
065965-0005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$218,898
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1133 Cassat Ave
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