1500 Airport Rd Jacksonville, FL 32218-2408
Property profile & analytics
1500 Airport Rd Jacksonville, FL 32218-2408
- Motels
- 15,012 SF
- 1.84 lot acres
Property ID
US18-6055503
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
- Airport Motor Inn / Hotel & Motel
- Flight 747 Liquor Store & Lounge Bar / Bar & Pub
- ATM / Atm
Property Details for 1500 Airport Rd
- Year built
- 1971
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.84 lot acres
- Property size
- 15,012 SF
- Zone code
- CCG-1
- Property type
- Motels
- APN
- 019379-0020
- APU
- 193790020
Description
This exceptional investment opportunity presents the Flight 747 Motel & Lounge, a thriving hospitality business located in Jacksonville, Florida. This two-story, 43-key hotel, built in 1971, sits on a 1.84-acre lot and boasts two buildings with an exterior corridor. The property includes a fully operational bar/lounge and a liquor/package store featuring a convenient drive-through. The bar/lounge holds a highly valuable 4COP liquor license, estimated at over $1 million. The hotel also features a manager's suite (two rooms, kitchen, renovated bath), offering potential for conversion into additional rentable rooms. In 2023, the hotel rooms generated $212,072 in revenue, while the bar/lounge contributed $1,086,887. Projected year one total revenue is $1,298,958, with a net operating income (NOI) of $502,755. The property enjoys a prime location just two miles from Jacksonville International Airport and is within close proximity to major employers, including the University of Florida Health North Jacksonville, Jacksonville Zoo, and downtown Jacksonville. This location benefits from Jacksonville's robust economy and strong tourism sector, making it an ideal investment for those seeking a high-return hospitality asset with significant upside potential through room renovations and potential business expansion. The concrete construction ensures durability and longevity. The property also includes an outdoor covered seating/pavilion and a tiki bar.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.656
- Latitude
- 30.4826
- 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
$13,811
$525,480
$424,120
$949,600
-
$525,480
$424,120
$949,600
