5428 Cleveland Road, Jacksonville, FL 32209
- $999,900
- 9,000
- SqFt
- List Price
- $999,900
- MLS#
- 2165198
- Status
- ACTIVE
- Type
- Commercial
- County
- Duval
- City
- Jacksonville
- Neighborhood
- 075-Trout River/College Park/Ribault Manor
- Living Area
- 9,000
- Acres
- 0.63
Property Description
INVESTMENT OPPORTUNITY WITH 10%+ PROJECTED CAP RATE Excellent opportunity to acquire an income-producing commercial property at 5428 Cleveland Road in Jacksonville. The property offers diversified revenue streams, with current income from established laundry and cash-checking tenants, plus upside from a new restaurant planned to open in the coming months. The property is projected to generate a 10%+ capitalization rate, offering an attractive combination of current income and future revenue potential. The diversified tenant mix helps reduce reliance on a single income source while positioning the property for continued cash-flow growth as the restaurant becomes operational.
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Additional Information
- Year Built
- 1959
- Lot Description
- Few Trees
Listing courtesy of NORTH FLORIDA REALTY ADVISORS.
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