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Back to SearchJacksonville5428 CLEVELAND Road, Jacksonville, FL 32209
$999,900
ACTIVE

5428 CLEVELAND Road, Jacksonville, FL 32209

9,000
Sq Ft
0.63 ac
Lot
1959
Built
$111
/ Sq Ft

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.

Property Details

Property TypeRetail
MLS Number#2165198
Year Built1959
Lot Size0.63 acres
Price / Sq Ft$111
CityJacksonville
Zip Code32209

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Location

5428 CLEVELAND Road, Jacksonville

MLS #: 2165198 · Listing data provided by NEFAR MLS via Spark API. Information deemed reliable but not guaranteed. Last updated September 17, 2026. Listing courtesy of NORTH FLORIDA REALTY ADVISORS.

$999,900
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