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Property profile & analytics

701 Riverside Park Pl Jacksonville, FL 32204-3358

  • Office buildings
  • 43,170 SF
  • 0.72 lot acres
OFF-MARKET
Value Estimations
$4,435,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US18-3348205
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

  • 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

based on Realmo’s proprietary methodology
  • 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

Get a detailed, property-specific valuation — fast and free


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

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
$60,406
$784,075
$2,547,425
$3,331,500
-
$784,075
$2,547,425
$3,331,500
More about this property
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