Kari Sullivan
REALTOR® | Luxury Property Specialist
5428 CLEVELAND Road, Jacksonville, FL 32209
$999,900
$111/sq ft
Active
Pool Home
About This Home
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.
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.
Location
Features & Amenities
Exterior Features
- Pool
- Few Trees
- Additional Parking
Property Details
Property Type:
Retail
Year Built:
1959
Lot Size:
0.63 Acres (27,442 sq ft)
Property Tax (2025):
$8,424/year
MLS #:
2165198
