Historic Mixed-Use
15888 County Road 108 Hilliard, FL 32046
15888 County Road 108, Hilliard, FL, 32046
$1,295,000
For Sale
$1,295,000
Historic 1926 mansion with flexible event, retail, office, and residential-ready spaces plus an additional event building.
Property Size5,059 SF
Lot Size1.24 Acres
Price / SF$255.98
Days on Market42
Property Features for 15888 County Road 108
General Information
- Standard status
- Active
- Size
- 5,059 SF
- Lot size
- 1.24 Acres
Listing agency
PICKETT HOME ADVISORS, LLC
(904) 864-3084
Listed by
DIANDRA LINDSEY
(904) 864-3084
Source
Exprealty
Added: Jun 11 Updated: Jul 22 at 12:59AM Checked: Jul 22 at 7:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PICKETT HOME ADVISORS, LLC
Investment Insights
Based on property information with market context.
The Hilliard Mansion is a historic mixed-use estate originally constructed in 1926, presented in well-maintained condition. The main dwelling features timeless architectural character, expansive porches, and mature, established landscaping. The property includes multiple structures totaling over 5,000 square feet, offering flexible interior and outdoor space that can support event hosting and other commercial concepts, along with the option for residential living. An additional separate event building further expands the on-site versatility for gatherings and multi-space operations.
Set on a highly visible corner parcel in downtown Hilliard, the estate is positioned for convenient access to Jacksonville, Amelia Island, and Southeast Georgia. The grounds are thoughtfully maintained and include ample parking and inviting outdoor areas designed for guests and visitors.
With its mix of structures, outdoor setting, and historic character, The Hilliard Mansion is suited to a variety of uses where event space and professional or mixed-use operations may be combined on one property.
Set on a highly visible corner parcel in downtown Hilliard, the estate is positioned for convenient access to Jacksonville, Amelia Island, and Southeast Georgia. The grounds are thoughtfully maintained and include ample parking and inviting outdoor areas designed for guests and visitors.
With its mix of structures, outdoor setting, and historic character, The Hilliard Mansion is suited to a variety of uses where event space and professional or mixed-use operations may be combined on one property.
Key Highlights
- Historic Hilliard Mansion built in 1926 on approx. 1.24 acres in downtown Hilliard
- Mixed‑use property with multiple structures totaling over 5,000 SF and flexible spaces for events, retail, office, or residential use
- Separate event building adds versatility for multiple revenue opportunities
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $121.4k | $24.00 |
| − Vacancy | −$27.0k | −$5.33 |
| EGI | $94.5k | $18.67 |
| − OpEx | −$23.6k | −$4.67 |
| NOI | $70.8k | $14.00 |
5,059 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.01M
$885.6K – $1.18M
NOI $70,846 @ 7.0% cap · market cap 5.47%
Second Best
Mixed Use
$921.5K
$806.3K – $1.08M
NOI $64,502 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,462 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Wedding venues
Similar For Sale Nearby
FAQs
What type of property is this?
Wedding venue - Historic 1926 mansion with flexible event, retail, office, and residential-ready spaces plus an additional event building.
Where is this wedding venue located?
The property is located at 15888 County Road 108 Hilliard, FL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Historic Hilliard Mansion built in 1926 on approx. 1.24 acres in downtown Hilliard; Mixed‑use property with multiple structures totaling over 5,000 SF and flexible spaces for events, retail, office, or residential use; Separate event building adds versatility for multiple revenue opportunities
