584 Broward St - Office/Residential FOR SALE


Jacksonville, FL 32204- Riverside
$2,000,000 USD
904-333-4472
584 Broward St, Jacksonville, FL for Sale
$2,000,000 USD
Office/Residential - FOR SALE
1/18
null | Request Cap Rate

584 Broward St
Jacksonville, FL 32204
Riverside


HIGHLIGHTS

  • 11 Residential Structures, 1 Commercial Building, 6 Vacant Lots.
  • Light Industrial Zoning in a Prime Location near I-10.
  • Rental Income, Development Opportunity, City Water, City Sewer.

OVERVIEW

Portfolio Sale 18 Properties Portfolio Investment Opportunity – 18 Parcels | Light Industrial Zoning (See Attached Document for All Addresses/Parcel ID's) Offered for sale is a rare 18-parcel portfolio consisting of 11 residential homes, 1 commercial building, and 6 vacant lots, all located within a Light Industrial (LI) zoning district. The portfolio is fully leased, providing immediate income with clear upside potential through rental growth, redevelopment, or new construction. The residential properties have been generally well maintained and are in good overall condition. The commercial building is currently leased to a granite company, offering stable tenancy. The six vacant parcels present a compelling value-add opportunity, ideal for the development of light industrial warehouses or flex space, subject to zoning and approvals. Strategically positioned near Interstate I-10 at Stockton Street and Phyllis Street, the portfolio offers excellent accessibility and is minutes from I-295, enhancing tenant appeal and long-term investment value. All properties are served by city water and city sewer. Key Highlights: 18-parcel portfolio sale 11 residential income-producing homes 1 leased commercial building 6 vacant lots with development potential Light Industrial zoning Prime interstate-adjacent location City utilities Value-add and redevelopment upside Not an auction or short sale. This is an exceptional opportunity for investors seeking scale, income, and future development potential in a highly accessible industrial corridor. *Please do not speak to tenants. Thank you.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$1,203 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,662 SF

ZONING

IL

APN/PARCEL ID

064956-0000

ASK ABOUT THIS PROPERTY

Carla BahriBerkshire Hathaway - Florida Network RealtyMore Info
904-333-4472

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Carla BahriBerkshire Hathaway - Florida Network RealtyMore Info
904-333-4472

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.