4380 Moncrief Rd W

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4380 Moncrief Rd W

Jacksonville, FL 32209
Asking Price
$1.70M
Asset Type
Retail
Class
Class B

What's Special

4380 Moncrief Rd W is situated in North Jacksonville, positioned within a high-density residential area characterized by established community roots. The property offers frontage along a primary local thoroughfare, providing direct access to North Myrtle Avenue and the nearby Interstate 95 corridor. The immediate neighborhood includes a mix of local service providers, public parks, and educational facilities, ensuring consistent foot traffic and visibility. Public transit stops are located within walking distance, facilitating ease of access for local commuters and residents. The site is suited for neighborhood-oriented retail operations, such as convenience stores, specialized hardware retailers, or discount outlets. Given the surrounding demographic, the asset is ideal for service-based tenants including laundromats, quick-service food operators, or community health clinics. The layout supports businesses requiring high visibility and frequent customer turnover. Frequent tenant profiles for this location typically involve local entrepreneurs or franchise operators seeking to serve the daily needs of the immediate urban population.

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NOI
$80,000
Cap Rate
4.71%
DSCR
0.79
Underwater
Cash-on-Cash
-4.10%
Monthly Payment
$8,410.672
Annual Cash Flow
$-20,928.069

Location & Travel Times