2990 Rayford Street

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2990 Rayford Street

Jacksonville, FL 32205
Asking Price
$1.80M
Asset Type
Retail
Class
Class B

What's Special

2990 Rayford Street is situated in the Riverside-Avondale submarket of Jacksonville, Florida. The surrounding neighborhood is characterized by a mix of historic residential architecture and established industrial-commercial pockets. The property is located near the intersection of Rayford Street and McDuff Avenue, providing proximity to major transit corridors including Interstates 10 and 95. Nearby amenities include localized dining options, professional service offices, and the diverse retail offerings of the nearby Five Points and King Street districts. The asset's configuration is suited for retail operators seeking a presence in a high-density urban infill area. Potential use cases include neighborhood-oriented retail, boutique showrooms, or destination specialty shops. The typical tenant profile includes local entrepreneurs, small-scale retailers, or service-based businesses that benefit from the neighborhood's walkable character and the steady flow of commuter traffic between the historic districts and the downtown Jacksonville core.

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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015

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