5428 CLEVELAND Road Jacksonville, FL $ 999,900
5428 CLEVELAND Road
$ 999,900
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5428 CLEVELAND Road

Jacksonville, FL, 32209
$ 999,900
Bedrooms-- Baths-- Sq 9,000

Monthly Estimate*

$ 6,906

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Commercial Property for sale in Jacksonville, FL

for $999,900. This 9,000 square foot building was built in 1959 on a lot size of 0.63.

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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Commercial Active

Price

$ 999,900

Property Type

Commercial

Taxes

$ 8,423

Style

Retail

Lot Size

0.63

Year Built

1959

Town/City

Jacksonville

County/Region

Duval

MLS | Web ID

2165198

Features
Exterior
Parking Features Additional Parking
Lot Features Few Trees
Lot Size Area 0.63
Spa N
Lot Size Acres 0.63
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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General
Year Built 1959
Property Subtype Retail
Tax Year 2025
Parcel Number 0301000000
County Duval
New Construction 0 None
Property Type Commercial Sale
HOA N
Attached Garage N
Status Active
Directions From I-95 take Kings Rd to W 45th St right onto Cleveland property on the right.
City Jacksonville
Senior Community Y/N N
Zoning Description Retail
Number Of Units Total 0
MLS Area 075-Trout River/College Park/Ribault Manor
Lot Size Units Acres
Lot Size Square Feet 27442.8
Land Lease Y/N N
Tax Annual Amount 8423.74
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 075-Trout River/College Park/Ribault Manor
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Private Pool Y/N None
Water Body Access Y/N None
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Interior
Total Stories 1
Basement (Y/N) N
Total Baths 0
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Internal Only
Street Number 1 5428
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* Excluded Features
List By
North Florida Realty Advisors

Broker

stan@nflrealtyadvisors.com

Email

Affordability Calculator

$7,608
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,906
Monthly Property Taxes
$702
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
308105 Elementary School
308138 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2026$999,900 Listed Price

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5428 CLEVELAND Road, Jacksonville, FL, 32209 is a Commercial Property for sale at $999,900 with 9,000 sqft and a lot size of 0.63. 5428 CLEVELAND Road was built in 1959. The property's zip code is 32209 which is in Jacksonville, FL