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    201 Union St Jacksonville, FL 32202

    For Sale
    Contact for pricing

    1.4-Acre Transit-Oriented Land Parcel

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.4-acre development site is strategically located in Downtown Jacksonville, Florida, at 201 Union Street W, zip code 32202. Its prime location offers unparalleled access to major transportation arteries, including I-95 and the Arlington Expressway, making it highly attractive for transit-oriented development (TOD) projects. The property's adjacency to the Florida State College of Jacksonville Downtown Campus and First Baptist Church provides a vibrant and established surrounding community. This parcel is uniquely positioned for integration with the existing Skyway station and future autonomous vehicle networks, presenting a significant opportunity for innovative mixed-use development. The site is situated within the Downtown East Tax Increment Financing (TIF) District and the Northbank Community Redevelopment Area (CRA), offering potential access to various economic incentives and development programs. The property is ready for immediate development, presenting a rare opportunity to capitalize on the growth and revitalization of Downtown Jacksonville. While the lease rate is currently undisclosed, serious inquiries are encouraged. This is an exceptional opportunity for developers seeking a high-impact location with strong infrastructure and community connections. The property's size and location make it ideal for a variety of mixed-use projects, catering to the needs of a growing urban population.

    Property Features for 201 Union St

    General Information

    Property type
    Land
    Lot Size
    60,984 SF

    HighLights

    • Downtown Jacksonville TOD & Joint‑Development Opportunity
    • I‑95 & Arlington Expressway Access
    • Mixed‑Use Development Site
    • Adjacent to FSCJ Downtown Campus & First Baptist Church
    • Located in Downtown East TIF & Northbank CRA Districts
    • Skyway & Autonomous Vehicle Integration Ready
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center 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
    -81.6584213
    Latitude
    30.3331109

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    FAQs

    What type of property is this?
    Land - 1.4-Acre Transit-Oriented Land Parcel
    Where is this land located?
    The property is located at 201 Union St Jacksonville, FL.
    What are key features of this property?
    This property features: Downtown Jacksonville TOD & Joint-Development Opportunity; I-95 & Arlington Expressway Access; Mixed-Use Development Site
    Request Owner's contact information
    201 Union 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
    201 Union St Jacksonville, FL 32202
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