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Riverside Jacksonville Skyscraper Development Site
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1599 Elder St, Jacksonville, FL 32204

High-visibility I-95 location suitable for skyscraper or multifamily development.

Property SizeContact for details
Days on Market1952

Property Features for 1599 Elder St

General Information

Standard status Active
Class A
Property subtype Industrial, Land, Mixed Use, Multifamily, Office
Zoning General Commercial, Industrial
Investment Type Redevelopment
Listing Agency: Executive Realty Network
Listed By: Miro Lakic · License #BK 667214
Source: Crexi
Added: May 6, 2021 Changed: Aug 27 Last Checked: Sep 7 at 11:07AM

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 Executive Realty Network

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

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Locksmith Daycare Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,225
Businesses Nearby

Demographics for 32204, FL

8,673
Population
5,342
Households
1.6
Avg Household Size
39
Median Age
41%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
3,212
Density / Sq Mi
$54,462
Median Household Income
$47,872
Median Earnings
$1,132
Median Rent
$342,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

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.
More about this property
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