701 Riverside Park Pl Jacksonville, FL 32204-3358
- Office buildings
- 43,170 SF
- 0.72 lot acres
Current Use by Public Records
- Duval Honda / Store
- B1 Financial Credit Union / Credit Union
- Auto Credit / Car Dealer
- 121 Financial Credit Union Headquarters (NOT A BRANCH) / Credit Union / Financial Institution
- Landmark Title - Riverside Office / Title Company
Property Details for 701 Riverside Park Pl
- Year built
- 1980
- Construction
- CONCRETE
- Lot size
- 0.72 lot acres
- Property size
- 43,170 SF
- Zone code
- PUD
- Property type
- Office buildings
- APN
- 090278-0000
- APU
- 902780000
Description
This exceptional 32,445-square-foot office building, located at 701 Riverside Park Place in Jacksonville, Florida, presents a unique investment opportunity. The Class B property, built in 1980 and extensively renovated in 2018 and 2020, boasts a prime location within the thriving Riverside/Brooklyn neighborhood, minutes from the city's central business district. The three-story building features a desirable executive office layout and traditional office spaces, making it suitable for a variety of uses. With a 0.72-acre lot and ample parking (3.95 spaces per 1,000 square feet, including covered and surface options), this property offers convenience and accessibility. The building is zoned PUD and sits within a walkable mixed-use environment experiencing ongoing development. The asking price is $6,500,000, translating to $200.34 per square foot. The property is currently owned by Vystar Credit Union and is available for occupancy on November 1, 2024. This owner-user investment opportunity provides a chance to acquire a well-maintained, modern office building in a rapidly growing area of Jacksonville. The property's history includes serving as the headquarters for the Scott McRae Group for many years. This represents a compelling opportunity to acquire a high-quality asset in a dynamic and desirable location. The Duval County property (APN: 090278-0000) offers a blend of classic charm and modern updates, making it an attractive option for businesses seeking a sophisticated and functional workspace.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,992,000
Market price range: $4.53M - $13.4M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $7,125,000
- NEIGHBORHOOD: SHOPPING CENTER
- $6,930,000
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Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.6783
- Latitude
- 30.3166
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA