$999,900
5428 CLEVELAND Road
Jacksonville, FL 32209
MLS# 2165198

Finished Photos MLS-17 - updated
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Property Description
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.

Details
General Property Information
Building Area Total: 9000
Year Built: 1959
Lot Size Acres: 0.63
Land Lease YN: No
Association YN: No
Waterfront YN: No
Stories Total: 1
Senior Community YN: No
Directions: From I-95, take Kings Rd to W 45th St, right onto Cleveland property on the right.
Public Remarks: 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.
List Price/SqFt: 111.1
Contract Information
Current Price: $999,900
List Price: $999,900
Status: Active
Listing Contract Date: 2026-09-17
Property Sub Type: Retail
Location Tax and Legal
Street Number: 5428
Street Name: CLEVELAND
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32209
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Status Change Information
Major Change Timestamp: 2026-09-17T14:03:08Z
Major Change Type: New Listing
Property Features
Lot Features: Few Trees
Parking Features: Additional Parking
Sale Includes: Building & Land
Listing Office: NORTH FLORIDA REALTY ADVISORS
Source MLS Verified

Last Updated: September - 17 - 2026

Information deemed reliable but not guaranteed.

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