Property profile & analytics
1451 Louisa St Jacksonville, FL 32207-8317
- Warehouses
- 11,444 SF
- 0.36 lot acres
OFF-MARKET
Last Sale
Aug 28, 2020
Aug 28, 2020
$1,600,000
Value Estimations
$1,680,000
Show details
Cap Rate Potential
3.5%
Warehouses
Location Intelligence
Property ID
US18-8407192
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
- Dimension Design / (Bike/Boat/Book/etc) Store / Printing Service
- JaxWraps / Marketing & Advertising / Advertising Agency
- printing.com at Media Works / Factory / Production Facility
Property Details for 1451 Louisa St
- Year built
- 1952
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.36 lot acres
- Property size
- 11,444 SF
- Zone code
- CCBD
- Property type
- Warehouses
- APN
- 080302-0010
- APU
- 803020010
Description
This exceptional 15,681.6 sq ft warehouse and office property, located at 1451 Louisa Street in Jacksonville, Florida's vibrant Southbank, presents a truly unique investment opportunity. Built in 1952 and recently renovated, this two-story building boasts a complete overhaul, including new fire sprinklers, full ADA compliance, updated finishes, and significant infrastructure improvements. The property is fully heated and cooled throughout, offering a versatile space ideal for a variety of commercial uses. The interior features numerous large offices, ample storage space, a dedicated conference room, a showroom, and two convenient drive-in roll-up doors. Its prime location within the Downtown Overlay District offers access to potential incentives from the Downtown Investment Authority. The Commercial Central Business District zoning provides flexibility for future development. Adding to its appeal, over 100 free public parking spaces are conveniently located nearby. Approved signage ensures high visibility from I-95 North and South, a major thoroughfare with over 167,000 vehicles per day. This move-in ready property is priced at $2,970,000 and represents a rare chance to acquire a fully modernized, multi-use building in a highly desirable downtown location. The property's combination of office and warehouse space, along with its excellent visibility and convenient parking, makes it an attractive option for a wide range of businesses. The recent renovations ensure the building is compliant with current codes and ready for immediate occupancy.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,225,000
- ML approach
- $1,975,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,285,000
- 6.5%
- $1,190,000
- 7%
- $1,105,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,917,000
- AI Estimate
- $1,239,000
Market price range: $889k - $1.92MMarket price range: $362k - $1.24M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,270,000 Current use
- MEDICAL BUILDING
- $2,615,000 Change: +106% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,515,000 Change: +98% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $2,440,000 Change: +92% Conversion: Easy
- RETAIL STORES
- $2,070,000 Change: +63% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $1,890,000 Change: +49% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.6552
- Latitude
- 30.3149
- 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
$0.00
$376,775
$2,062,825
$2,439,600
-
$376,775
$2,062,825
$2,439,600
