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1221 E 16th St - School House #8 48,736 SF Specialty Building Offered at $2,295,000 in Jacksonville, FL 32206
Investment Highlights
- Heavy hwy traffic and visibility
- Wide interior hallways and staircases
- Brick exterior, off grade for easy access for construction, quality building materials
Executive Summary
The sale includes plans and entitlements to construct a new storage structure of approximately 120,000 sq.ft. and maximum height of 90ft on the east side of the site in addition to the existing 48,736 sq.ft. brick structure which has already been rezoned PUD. The PUD zoning allows for 144 multi family or condo units, hospitality, educational, medical and commercial. There is additional parking potential on the vacant lot on the corner of Franklin/17th for future ventures.
•Located just 2 miles from Jaguars Stadium, this site is strategically positioned in a booming development corridor, where over an estimated $4 billion in new projects are underway. Ideal for condos, a boutique hotel, medical, educational or commercial office space, this historic landmark presents a thrilling opportunity to create a dynamic, high-demand destination.
•Projects underway in less than 2 miles away: The Shipyard development which includes a Four Seasons Hotel and Private Residence and luxury office
space, Gateway project which spans an estimated 20 blocks and consists of multi-family, retail and additional mixed use, Laura Street Trio (consists of an Autograph Marriot and an upscale restaurant space), Mosh science museum, $1.3 billion renovations to the Jaguar Stadium and much more.
•Located just 2 miles from Jaguars Stadium, this site is strategically positioned in a booming development corridor, where over an estimated $4 billion in new projects are underway. Ideal for condos, a boutique hotel, medical, educational or commercial office space, this historic landmark presents a thrilling opportunity to create a dynamic, high-demand destination.
•Projects underway in less than 2 miles away: The Shipyard development which includes a Four Seasons Hotel and Private Residence and luxury office
space, Gateway project which spans an estimated 20 blocks and consists of multi-family, retail and additional mixed use, Laura Street Trio (consists of an Autograph Marriot and an upscale restaurant space), Mosh science museum, $1.3 billion renovations to the Jaguar Stadium and much more.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
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Property Taxes
| Parcel Number | 113567-0010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $855,596 |
Property Taxes
Parcel Number
113567-0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$855,596
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1221 E 16th St - School House #8
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