9,000
Square feet
0.63
Acres
Description of 5428 Cleveland Road, Jacksonville - MLS# 2165198
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.
Features of 5428 Cleveland Road
| MLS® # | 2165198 |
|---|---|
| Price | $999,900 |
| Square Footage | 9,000 |
| Acres | 0.63 |
| Year Built | 1959 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information : Jacksonville
| Address | 5428 Cleveland Road |
|---|---|
| Area | 075-Trout River/College Park/Ribault Manor |
| City | Jacksonville |
| County | Duval |
| State | FL |
| Zip Code | 32209 |
Amenities of 5428 Cleveland Road
| Parking | Additional Parking |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Gated Community | No |
| Senior Community | No |
| Guest House | No |
Interior of 5428 Cleveland Road
| Has Fireplace | No |
|---|---|
| # of Stories | 1 |
Exterior of 5428 Cleveland Road
| Lot Description | Few Trees |
|---|
Additional Information On 5428 Cleveland Road
| Date Listed | September 17th, 2026 |
|---|---|
| Days on Market | 8 |
| RE / Bank Owned | No |
| Has HOA | No |
| Has CDD Fee | No |
Listing Details
| Office | NORTH FLORIDA REALTY ADVISORS |
|---|
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