1063 Airport Rd Jacksonville, FL 32218-6885
Property profile & analytics
1063 Airport Rd Jacksonville, FL 32218-6885
- Motels
- 16,660 SF
- 5.28 lot acres
Property ID
US18-3209073
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.
Location Intelligence
Current Use by Public Records
- Red Roof Inn Jacksonville Airport / Hotel & Motel
Property Details for 1063 Airport Rd
- Year built
- 1982
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 5.28 lot acres
- Property size
- 16,660 SF
- Zone code
- CCG-1
- Property type
- Motels
- APN
- 106478-0060
- APU
- 1064780060
Description
This exceptional investment opportunity presents a 108-key motel, the Red Roof Inn Airport Jacksonville, situated on a 5.6-acre lot at 1063 Airport Rd, Jacksonville, FL 32218. The property boasts a total of 46,172 square feet across two, two-story buildings, offering significant potential for redevelopment. Built in 1982 and renovated in 2019, the motel currently enjoys 100% occupancy. The asking price is $16,000,000, translating to $346.53 per square foot. The property is zoned CCG-2, providing flexibility for future development plans. This Duval County location offers easy access to Jacksonville International Airport, making it an ideal choice for travelers and a strong draw for investors. The property's strong performance and prime location combine to create a compelling investment opportunity in the thriving Jacksonville hospitality market. The existing infrastructure provides a solid foundation for expansion or repositioning, catering to the growing demand for lodging near the airport. This is a rare chance to acquire a fully operational motel with significant upside potential. The property's size and location make it an attractive prospect for both experienced and emerging investors seeking a high-return hospitality asset. The 100% occupancy rate underscores the property's strong market position and potential for continued success. The parcel number is 106478-0060.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,104,000
Market price range: $226k - $2.41M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $2,835,000 Current use
- RETAIL STORES
- $3,015,000 Change: +6% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $2,750,000 Change: -3% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.6453
- Latitude
- 30.4829
- 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
$57,912
$2,079,774
$2,684,226
$4,764,000
-
$2,079,774
$2,684,226
$4,764,000
