1599 Elder St Jacksonville, FL 32204
- Land
Current Use by Public Records
- Land
Property Details for 1599 Elder St
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 8,308 sq ft commercial and industrial land parcel, located at 1599 Elder St, Jacksonville, FL 32204, presents a unique development opportunity. Situated in the highly desirable Riverside area of Brooklyn, this property boasts unparalleled visibility from Interstate 95, offering significant marketing advantages. The lot, encompassing two parcels (APN: 089566-0000, 08567-0000), measures 67x124 feet and features zero lot line setbacks, maximizing buildable space. Zoned for general commercial and industrial use, this site is approved for high-rise development, with air rights secured by the Department of Infrastructure and Aviation (DIA) allowing for construction up to 20 stories. The property is priced at $289,999, translating to $35 per square foot. The area is characterized by numerous high-rise and multifamily buildings, indicating strong market demand. This is a rare opportunity to acquire one of only two remaining parcels on Elder Street, a dead-end cul-de-sac. The property also offers potential for billboard advertising due to its prominent I-95 location and visibility from Forest Street. Parking is estimated at 12 spaces per key. The sale is offered as fee simple ownership. While lease options are possible, this is a sale by owner opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.679
- Latitude
- 30.3239
