VRL Building | 1449 Palm Ave
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VRL Building 1449 Palm Ave
2,720 SF Office Building Jacksonville, FL 32207 £457,655 (£168/SF)
Investment Highlights
- Excellent office in San Marco core location
- Ideally suited for professional office users, ie law firm, accounting, architect engineer
- Great access to San Marco Square, Baptist, MD Anderson, I-95 & Downtown
Executive Summary
The subject property is comprised of a 2,720+- SF (1,360+- SF per floor), 2 story free-standing office building constructed in 1948 situated on an underlying 5,750+- SF, CRO zoned site located at the SW corner of Palm Avenue & Phillips Street in San Marco. The building was purchased for use as an architects office in 2010 and subsequently renovated/converted from a 3 unit residential triplex to professional office use. The property includes an 812+- SF annex/storage building to include a 300+- SF attic storage area connected by a 350+- SF deck. Great opportunity to purchase well located office in desirable area ideal for a variety of professional office users.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,720 SF
Building Class
B
Year Built/Renovated
1948/2018
Price
£457,655
Price Per SF
£168
Tenancy
Single
Number of Floors
2
Typical Floor Size
1,360 SF
Building FAR
0.48
Lot Size
0.13 AC
Zoning
CRO - CRO- Commercial Residential Office
Parking
10 Spaces (3.47 Spaces per 1,000 SF Leased)
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Walk Score ®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | 080777-0000 | Improvements Assessment | £229,242 |
| Land Assessment | £90,310 | Total Assessment | £319,553 |
PROPERTY TAXES
Parcel Number
080777-0000
Land Assessment
£90,310
Improvements Assessment
£229,242
Total Assessment
£319,553
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VRL Building | 1449 Palm Ave
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