7602 Kenya St - Specialty FOR SALE


Jacksonville, FL 32208- Lake Forest
$5,999,995 USD
727-462-9999
7602 Kenya St, Jacksonville, FL for Sale
$5,999,995 USD
Specialty - FOR SALE
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7602 Kenya St
Jacksonville, FL 32208
Lake Forest


HIGHLIGHTS

  • Direct frontage to Interstate I-95
  • Turn-key property featuring a sanctuary, gymnasium, kitchen, fellowship hall, & office/classroom space.
  • Income producing leases for an advertising billboard and cell tower.
  • Updated 4 bedroom, 2 bath, 2400sqft parsonage home.

OVERVIEW

Exceptional opportunity to acquire a substantial, established religious and community-use campus totaling approximately 29,638± square feet across three buildings situated on 24± acres. Located directly along Interstate 95, the property offers excellent regional visibility and accessibility combined with a unique natural setting adjacent to the St. Johns River. The campus includes a primary church facility, full-size gymnasium and single-family residence/parsonage. The main church building features a 166 seat sanctuary, full-size kitchen, fellowship hall/event space, 6 office areas and 10 classroom space. The gymnasium provides significant additional multipurpose space for athletic, recreational, educational and ministry activities. The residence provides an additional on-site housing component. SITE & IMPROVEMENTS The three structures were constructed in 1967, 1968 and 2008 and have subsequently been renovated. The property provides approximately 160 on-site parking spaces. The 24± acre site consists of approximately 5.94± acres of buildable upland and more than 18 acres of marshland extending toward the St. Johns River. The combination of improved upland, extensive natural acreage and interstate frontage creates a highly distinctive property profile. EXISTING REVENUE In addition to the property's existing improvements and land, the campus benefits from approximately $35,400 in current annual lease revenue: Billboard lease: $15,000/year Cell tower lease: $20,400/year Total current ancillary lease revenue: $35,400/year ZONING / USE The property is zoned Residential Low Density – RD-60 and currently operates under a special religious exemption. Prospective purchasers should independently verify zoning, permitted uses, development opportunities, environmental conditions and applicable governmental requirements. PROPERTY HIGHLIGHTS • 29,638± total building SF • 24± total acres • Three existing buildings • Church/sanctuary facility • Full-size gymnasium • Single-family residence/parsonage • Full-size kitchen • Fellowship/event space • Classrooms and offices • Approximately 160 parking spaces • I-95 frontage and visibility • 5.94± acres of buildable upland • 18± acres of marshland toward the St. Johns River • Renovated improvements • RD-60 zoning with special religious exemption • $35,400± annual billboard and cell tower lease revenue • Unique natural and river-oriented setting

FOR SALE DETAILS

PRICE

$5,999,995 USD

PRICE/SF

$202 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Religious Facility, Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

160

LAND DETAILS

LAND ACRES

24 AC

LAND SF

1,045,440 SF

ZONING

Residential Low Density

APN/PARCEL ID

022533-0000

ASK ABOUT THIS PROPERTY

Justin HullArbors Management & Realty, Inc.More Info
727-462-9999

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Justin HullArbors Management & Realty, Inc.More Info
727-462-9999

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