1803 Atlantic Blvd Jacksonville, FL 32207
This exceptional 5,895-square-foot creative office building presents a compelling value-add investment opportunity in Jacksonville, Florida's vibrant San Marco neighborhood. Built in 1918, this single-story brick structure sits on a 0.14-acre lot at the entrance to San Marco Square, offering prime visibility and accessibility. The property boasts a desirable CRO zoning designation, allowing for versatile commercial, residential, or mixed-use development. Currently vacant with an occupancy date of April 9, 2024, this building presents a blank canvas for a discerning owner/user or investor seeking to capitalize on the area's thriving commercial and residential markets. Its prime location provides easy access to the shops, restaurants, and entertainment venues of San Marco Square, ensuring high foot traffic and visibility. The asking price is $549,000, translating to $93.13 per square foot. This represents a unique chance to acquire a historic property with significant upside potential in a highly sought-after location. The building's solid brick construction and spacious layout offer a strong foundation for future development or immediate occupancy. Don't miss this chance to own a piece of Jacksonville history.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.