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2504 Main St 3,468 SF Retail Building Jacksonville, FL 32206 $772,000 ($222.61/SF) 8.96% Cap Rate
Investment Highlights
- 45 Year Florist Business in Area
- Opportunity Zone
- Great Location
Executive Summary
Unbelievable opportunity in a great Springfield area location! With a 45 year presence as a well-known florist, the owner is reluctantly retiring. This ''real estate only'' listing features a CCG-2 zoned commercial 3468 +/- square foot building on approximately 0.42 acres. This property is in the Brentwood Opportunity Zone, a fast redeveloping and preservation area, just a few hundred feet north of The Springfield District. Seller has rental income from an ATM and a retail vendor. The Flower Express business can be purchased separately.
Please do not go on property without a confirmed appointment. This is an on-going business and is set up for retail, walk-in and event commitments. Seller is willing to negotiate the sell of the business in a separate transaction. NOTE: NOI is PROFORMA.
From I-95 take exit 354A toward M L King Jr Pkwy onto US-1 S (Martin Luther King Jr Pkwy).. Go for 0.7 mi. Take the exit toward US-17 S. Go for 0.3 mi. Turn right onto Main St N (US-1/US-17 S). Property on right at La Main Ct.
Please do not go on property without a confirmed appointment. This is an on-going business and is set up for retail, walk-in and event commitments. Seller is willing to negotiate the sell of the business in a separate transaction. NOTE: NOI is PROFORMA.
From I-95 take exit 354A toward M L King Jr Pkwy onto US-1 S (Martin Luther King Jr Pkwy).. Go for 0.7 mi. Take the exit toward US-17 S. Go for 0.3 mi. Turn right onto Main St N (US-1/US-17 S). Property on right at La Main Ct.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$12,000
|
$3.46
|
| Other Income |
$183,139
|
$52.81
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$195,139
|
$56.27
|
| Taxes |
$4,021
|
$1.16
|
| Operating Expenses |
$121,968
|
$35.17
|
| Total Expenses |
$125,989
|
$36.33
|
| Net Operating Income |
$69,150
|
$19.94
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $12,000 |
| Annual Per SF | $3.46 |
| Other Income | |
|---|---|
| Annual | $183,139 |
| Annual Per SF | $52.81 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $195,139 |
| Annual Per SF | $56.27 |
| Taxes | |
|---|---|
| Annual | $4,021 |
| Annual Per SF | $1.16 |
| Operating Expenses | |
|---|---|
| Annual | $121,968 |
| Annual Per SF | $35.17 |
| Total Expenses | |
|---|---|
| Annual | $125,989 |
| Annual Per SF | $36.33 |
| Net Operating Income | |
|---|---|
| Annual | $69,150 |
| Annual Per SF | $19.94 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,468 SF
Building Class
C
Year Built/Renovated
1947/1994
Price
$772,000
Price Per SF
$222.61
Cap Rate
8.96%
NOI
$69,150
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.42 AC
Opportunity Zone
Yes
Zoning
CCG-2 - Commercial
Parking
7 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
190’ on Main St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Flowers Express
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Flowers Express | Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 044956-0000 | Total Assessment | $225,100 |
| Land Assessment | $158,903 | Annual Taxes | $4,021 ($1.16/SF) |
| Improvements Assessment | $66,197 | Tax Year | 2026 |
Property Taxes
Parcel Number
044956-0000
Land Assessment
$158,903
Improvements Assessment
$66,197
Total Assessment
$225,100
Annual Taxes
$4,021 ($1.16/SF)
Tax Year
2026
Contacts
-
Thomas Hammond -
Jackson Hammond -
Nancy Hammond -
Coldwell Banker Vanguard Realty
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