3197 Cortez Rd | Jacksonville, FL 32246
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- LoopNet Team
3197 Cortez Rd
Jacksonville, FL 32246
Value-Add Sale - 3197 Cortez Rd. · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Instant-Value Add Opportunity – Increase CAP RATE by 1.2% in the first 90 days!
- Suite sizes are primed for high leasing velocity
- Easily accessible to I-295 and close to the beaches
- Own for less than it would cost to lease – Beat market rents (over $10k in savings) and take advantage of tax benefits from owning real estate!
- Great location and easily accessible to I-95 (.25 Mi)
- High growth area
PROPERTY FACTS
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
4,500 SF
Building Class
C
Year Built
2008
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,500 SF
Building FAR
0.18
Lot Size
0.58 AC
Zoning
CO
Parking
17 Spaces (3.78 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 163520-0000 | Improvements Assessment | $452,690 |
| Land Assessment | $169,610 | Total Assessment | $622,300 |
PROPERTY TAXES
Parcel Number
163520-0000
Land Assessment
$169,610
Improvements Assessment
$452,690
Total Assessment
$622,300
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