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Mayport Village Mix Use 4707 Ocean St

2,572 SF 100% Leased Retail Building Jacksonville, FL 32233 $725,000 ($282/SF) 7% Cap Rate

Investment Highlights

  • Impact glass vinyl double hung windows
  • Concrete block and 2x6 construction Engineered for 150mph winds James Hardie cement
  • GE appliances
  • Oak wood floors throughout
  • Spray foam attic insulation
  • Custom wood trim details

Executive Summary

2,572 SF, newly constructed, free-standing, two story
mix-use building
1st floor Office/Retail/Etc. Fully permitted ready for
tenant buildout
2nd floor is a turn-key apartment
Zoning: CCG-1-M
50' of frontage on A1A
Covered parking garage and storage
Panoramic views of the St. Johns River
Mayport Waterfront Partnership Link: https://mayportwaterfrontpartnership.com/
Mayport Action Plan Link: https://storymaps.arcgis.com/stories/134e70fcf57d4dbbb6554a7fe92039e9

Financial Summary (Pro forma - 2025)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $50,750 $19.73

Financial Summary (Pro forma - 2025)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $50,750
Annual Per SF $19.73

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,572 SF
Year Built
2024
Price
$725,000
Price Per SF
$282
Cap Rate
7%
NOI
$50,750
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.45
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
CCG-1-M - https://www.jacksonville.gov/getattachment/Departments/Planning-and-Development/Current-Planning-Division/Zoning-District-Summaries/CCG-1.pdf
Frontage
54 FT on Ocean St

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Widget Inc
  • Retailer
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Widget Inc Retailer - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
169097-0000
Land Assessment
$110,240 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$110,240 (2023)
  • Listing ID: 32437002

  • Date on Market: 7/12/2024

  • Last Updated:

  • Address: 4707 Ocean St, Jacksonville, FL 32233

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