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    121 Forsyth St Jacksonville, FL 32202

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    For Lease
    Contact for pricing

    Historic Office Building, Modern Amenities

    Lot size:
    104,804 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    121 Atlantic Place offers exceptional office space in Downtown Jacksonville's Northbank submarket. This Class A, historically significant building, originally constructed in 1918 and extensively renovated in 2021, boasts 104,804 square feet of space, with units ranging from 826 to 5,150 contiguous square feet. The building features a newly renovated lobby, a modern tenant conference center and lounge, and a unique underground corridor providing direct access to a nearby parking garage with guaranteed parking allocations. Its prime location offers convenient proximity to the Skyway, County and Federal courthouses, City Hall, and numerous restaurants and cafes. Multiple tenancy options are available, including turnkey and design/build solutions, with up to 50,000 square feet available on three contiguous floors. Security features include CCTV throughout the building and on-site security. The building is situated within a SBA HubZone, offering potential economic benefits. This is a rare opportunity to lease space in a fully remodeled historic building with modern amenities and unparalleled convenience in the heart of Jacksonville's central business district.

    Property Features for 121 Forsyth St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    104,804 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1918/2021

    Unit(s) available at that property

    Space
    Suite 510
    Size
    2,281 SF
    Space
    Suite 600
    Size
    2,138 SF
    Space
    7th Floor
    Size
    5,150 SF

    HighLights

    • Lobby renovation completed February 2021.
    • Tenant conference center and vending lounge completed February 2021.
    • Fully remodeled historic building in Jacksonville's CBD.
    • Office suites ranging from 826 to 5,150 square feet available; turnkey and design/build options offered.
    • Up to 50,000 square feet available on three contiguous floors.
    • Direct access to abundant parking via a unique underground corridor connecting to a nearby parking garage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jacksonville University College ... Law School Murphy & Ellis, PLLC Law Firm Zisser Family Law Family Law Attorney Robert H Ellis Attorney Elliot Zisser Family Law Attorney

    Suggested Use

    Restaurant Spa & Massage Dental Office Realty agency Hair Salon Nail Salon Daycare Center Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6600538
    Latitude
    30.3276973

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    FAQs

    What type of property is this?
    Office space - Historic Office Building, Modern Amenities
    Where is this office space located?
    The property is located at 121 Forsyth St Jacksonville, FL.
    What are key features of this property?
    This property features: Lobby renovation completed February 2021.; Tenant conference center and vending lounge completed February 2021.; Fully remodeled historic building in Jacksonville's CBD.
    Request Owner's contact information
    121 Forsyth St Jacksonville, FL 32202
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    Jacksonville, FL 32202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    121 Forsyth St Jacksonville, FL 32202
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