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1002 Sunset Ave - West Side Campus

40,745 SF Speciality Building Offered at £867,900 in Jacksonville, TX 75766

Investment Highlights

  • Large Building Size
  • Fronts 3 streets including a Major Highway
  • Extensive Land Area
  • High Visibility

Executive Summary

This unique commercial property, formerly West Side Elementary, offers a prime location in Jacksonville, TX. Built in 1962, the building encompasses 40,745 square feet on a generous 6.9783-acre lot. This property boasts extensive frontage on three streets, including approximately 700 feet on Hwy 79 (W Rusk St), 477 feet on Hickory St, and 685 feet on Sunset Ave.

Key Features:
Size: 40,745 sqft building
Land Area: 6.9783 acres
Year Built: 1962
Frontage:
700' on Hwy 79 (W Rusk St)
477' on Hickory St
685' on Sunset Ave

Location:
Address: 1002 Sunset Ave, Jacksonville, TX 75762
Zoning: Commercial
Accessibility: High visibility and easy access with substantial frontage on three major streets

Demographic and Economic Insights:
Population: 25,920 with a slight decline of 0.62%
Median Age: 37.4 years
Population Density: 80.6 persons per square mile
Daytime Population Density: 81.5 persons per square mile
Average Household Income: $70,640
Average Disposable Income: $58,765
Unemployment Rate: 7%

Socioeconomic Profile:
Primary Tapestry Segment: Southern Satellites
Median Age: 41.2 years
Homeownership Rate: 80.9%
Employment Sectors: Professional and Services

Investment Potential:
This property offers significant potential for redevelopment or adaptive reuse, benefiting from its substantial land area and strategic location. The stable homeownership rate and professional services employment base in Jacksonville suggest opportunities for residential real estate investments or businesses targeting homeowners.
Additional Considerations:
Potential Uses: Given its size and location, this property could be ideal for a variety of uses including educational facilities, assisted living facilities, office spaces, retail centers, or mixed-use developments.
Economic Development: With a higher-than-average local unemployment rate, there are opportunities for job-creating enterprises that could benefit from local economic incentives.

Conclusion:
The property at 1002 Sunset Ave represents a unique opportunity for investors and developers looking to tap into Jacksonville’s stable and community-focused market. Its extensive land area, strategic location, and rich demographic insights make it an attractive proposition for various commercial ventures.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £867,900
Price Per SF £21
Sale Type Owner User
Property Type Speciality
Property Subtype
Schools
  • Specialty Religious Facility
Building Class B
Lot Size 6.98 AC
Building Size 40,745 SF
Number of Floors 1
Year Built/Renovated 1962/1999

Amenities

  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
000222746000
Land Assessment
£62,165
Improvements Assessment
£447,773
Total Assessment
£509,939
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024

zoning

Zoning Code G-Commercial
G-Commercial
  • Listing ID: 32441891

  • Date on Market: 12/07/2024

  • Last Updated:

  • Address: 1002 Sunset Ave, Jacksonville, TX 75766

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