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Property profile & analytics

245 Riverside Ave Jacksonville, FL 32202

  • Office buildings
  • 134,870 SF
  • 3.38 lot acres
Value Estimation
$22,570,000
Last Sale
Sep 27, 2022
$25,150,000
Location Intelligence
Property ID
US18-4263707
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Law Offices of Ian A. Brown, PL / Law Firm
  • The Community Foundation for Northeast Florida / Foundation / Social Services Organization
  • Mathews Gale Angela / Attorney
  • Raymond James & Associates / Investment Service / Financial Consultant
  • Vesta Property Services / Property Management Company

Property Details for 245 Riverside Ave

Year built
2003
Construction
STEEL FRAME
Lot size
3.38 lot acres
Property size
134,870 SF
Zone code
CCBD
Property type
Office buildings
APN
088972-0000
APU
889720000

Description

The Gates of Riverside, a prestigious Class A office building at 245 Riverside Avenue in Jacksonville, Florida, offers exceptional office space. Built in 2003, this iconic five-story building boasts a total of 136,853 square feet and sits on a 3.69-acre lot in Duval County (APN 088972-0000). The property features a single building with 405 total parking spaces and three passenger elevators. Currently, there are two available office spaces ranging from 3,596 to 6,673 square feet, perfect for businesses seeking a prominent location. Enjoy stunning waterfront views and exclusive private pier access. The building is zoned PUD and is situated in a highly desirable area of Jacksonville, near established businesses such as The Haskell Company, Vesta Property Services, and Rail USA. This is an unparalleled opportunity to secure a prime location in a thriving business district. The building's modern amenities and convenient location make it an ideal choice for companies seeking a sophisticated and efficient workspace. Contact us today to learn more about the available spaces and schedule a viewing.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $21,075,000
  • CAP approach

    CAP return
    Estimation
    6%
    $26,560,000
    6.5%
    $23,440,000
    7%
    $23,280,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $27,480,000
    Geo Method
    $30,170,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $27,090,000
    Retail
    $21,880,000
    Mixed-Use
    $24,360,000
    Hospitality
    $22,180,000
    Educational
    $21,010,000
    Residential Income
    $28,740,000
    Energy
    $20,675,000
    Income-Based Land
    $26,615,000
    Food Service
    $22,440,000

Location Insight

  • Map
  • Local Demand
City
Jacksonville
County
Duval
State
Florida
Longitude
-81.6723
Latitude
30.3212
CBSA code
27260
CBSA name
JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$402,739
$5,889,320
$15,182,180
$21,071,500
-
$5,889,320
$15,182,180
$21,071,500
More about this property
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