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5940 Merrill Rd 1,892 SF 100% Leased Retail Building Jacksonville, FL 32277 $375,000 ($198.20/SF)
Investment Highlights
- 16,000 AADT
- Area Undergoing Regentrification
- Two Blocks From Jacksonville University
Executive Summary
Unlock the potential of your business or investment portfolio with this high-visibility retail property located at 5940 Merrill Rd in Jacksonville, FL. Situated on a high-traffic thoroughfare, this location boasts exceptional street frontage and a steady stream of daily drive-by exposure. The property features dedicated, on-site parking to ensure hassle-free access for both your staff and a consistent flow of customers. Additionally, its prime location places it just moments away from Jacksonville University, allowing you to tap into a vibrant, built-in demographic of students, faculty, and area visitors. This versatile asset offers the perfect foundation for a wide variety of retail or professional uses looking to thrive in a growing Jacksonville submarket. Whether you are looking to establish a flagship location or secure a strong commercial footprint, this property delivers on both location and convenience. Don't miss out on this exceptional opportunity—schedule your private viewing today to explore the possibilities.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,892 SF
Building Class
B
Year Built
1963
Price
$375,000
Price Per SF
$198.20
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.25 AC
Zoning
CG-1 - General Commercial
Parking
25 Spaces (7.5 Spaces per 1,000 SF Leased)
Frontage
114’ on Merrill Rd
Amenities
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 116100-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $242,225 |
Property Taxes
Parcel Number
116100-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$242,225
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5940 Merrill Rd
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