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Property profile & analytics
OFF-MARKET
Commercial real estate

421 Washington St Jacksonville, FL 32202

Individually Owned 7-yr Hold
Property ID
US18-9292471
Property summary
AI-generated overview

This exceptional 0.2-acre corner lot in Jacksonville, Florida, presents a unique investment opportunity. Located at 421 N Washington St, in the desirable Cathedral District, this property is zoned CCBD, offering unparalleled flexibility for development. Its strategic location directly borders the vibrant Sports & Entertainment District, providing unparalleled walkability to the stadium, Vystar Arena, Daily's Place, the St. Johns River, and the Central Core District. The CCBD zoning allows for a wide range of uses, including mixed-use buildings, commercial ventures, or multifamily residential projects. This prime location offers high visibility and accessibility, making it ideal for a variety of development concepts. The asking price is $550,000. A conceptual rendering of a potential mixed-use development is available for review. This is a rare chance to acquire a highly desirable parcel in a rapidly growing area of downtown Jacksonville. The property's proximity to major entertainment venues and the city's core ensures strong potential for future appreciation and high returns on investment. Don't miss this opportunity to create something truly special in a dynamic urban setting. The property is situated in Duval County, Florida, with a zip code of 32202.

Property profile
Verified
Property type Commercial real estate
UPID US18-9292471
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Paisley Barnes Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
421 Washington Street · 7 yrs held
421 Washington Street
since 2018
3 recorded transactions
2018
Price N/A
2018
$140,250
2018
$89,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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