1708 Marshall St Jacksonville, FL 32206
- Warehouses
- 19,400 SF
- 0.75 lot acres
Current Use by Public Records
- Intertek PSI Jacksonville / Engineering Consultant
- Colonial Oil Industries, Inc. / Fuel Supplier / Diesel Fuel Supplier
Property Details for 1708 Marshall St
- Year built
- 1973
- Construction
- STEEL FRAME
- Lot size
- 0.75 lot acres
- Property size
- 19,400 SF
- Zone code
- IH
- Property type
- Warehouses
- APN
- 123003-0000
- APU
- 1230030000
Description
This exceptional ±25,300 square foot flex space industrial property is ideally situated in Jacksonville's Downtown Eastside/Downtown submarket at 1708 Marshall Street, zip code 32206. The single-tenant building offers a versatile layout, combining approximately 12,330 square feet of office space with ample industrial space. Built in phases (1973 & 1982), the property features a clear height ranging from 15 to 18 feet, providing excellent vertical space for various uses. Loading capabilities include one grade-level door (14' x 12') and one dock-high door (14' x 12'). Adding to its appeal is an additional 0.28 acres of land situated at the southeast corner of Marshall and Parker Streets, providing surplus parking. The property is zoned IH and presents a unique opportunity for businesses seeking a well-located, functional space in a thriving urban area. This is a rare opportunity to acquire a well-maintained industrial property with significant potential in a highly desirable Jacksonville location. The property's size, features, and prime location make it an attractive investment for a variety of businesses.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,180,000
- 6.5%
- $2,015,000
- 7%
- $1,870,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,532,000
- AI Estimate
- $2,045,000
Market price range: $833k - $2.53MMarket price range: $486k - $2.05M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,515,000 Current use
- RETAIL STORES
- $3,510,000 Change: +132% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $3,200,000 Change: +111% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $3,115,000 Change: +105% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.6327
- Latitude
- 30.331
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
