Riverside Jacksonville Skyscraper Development
1599 Elder St Jacksonville, FL 32204
1599 Elder St, Jacksonville, FL, 32204
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For Sale
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High-visibility I-95 location suitable for skyscraper or multifamily development.
Days on Market1904
Property Features for 1599 Elder St
General Information
- Standard status
- Active
- Property subtype
- Industrial, Land, Mixed Use, Multifamily, Office
Listing agency
Executive Realty Network
Listed by
Miro Lakic · License #BK 667214
Source
Crexi
Added: May 6, 2021 Updated: Jul 10 at 3:41PM Checked: Jul 21 at 4:54AM
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Investment Insights
Based on property information with market context.
This development site, located in Riverside Jacksonville, offers high visibility from Interstate 95. Situated east of I-95 in Brooklyn, Jacksonville, the site is next door to a storage facility. The property consists of two parcels, identified as 67x124, and allows for zero lot line setbacks. The location is surrounded by numerous high-rise and multifamily buildings, making it a desirable area in Jacksonville. The air rights have been secured by DIA, allowing for construction up to 20 stories. The site allows building to the end of the lot. The location's visibility extends from Forest Street. Elder Street is a dead-end cul-de-sac, and these are the only two parcels remaining on the street. The property is suitable for a skyscraper, office tower, or billboard site. A recent apartment building sale less than a block away reached $396,000 per unit for 228 units.
Key Highlights
- Unparalleled visibility from Interstate 95 (I‑95).
- Approved air rights for a 20‑story building.
- Zero lot line setbacks allow for maximum building footprint.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - High-visibility I-95 location suitable for skyscraper or multifamily development.
Where is this commercial land located?
The property is located at 1599 Elder St Jacksonville, FL.
What is the asking price?
The asking price for this property is $274,999.
What are key features of this property?
This property features: Unparalleled visibility from Interstate 95 (I‑95).; Approved air rights for a 20‑story building.; Zero lot line setbacks allow for maximum building footprint.