Property profile

8285 Dix Ellis Trl Jacksonville, FL 32256

OFF-MARKET
Motels
Property ID
US18-0599426
6,336 SF 3.7 ac lot Built 1982
Entity Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 41,232-square-foot motel in Jacksonville, Florida, presents a unique redevelopment opportunity. Situated on a 3.7-acre lot with 148 parking spaces, this 109-key property boasts convenient I-95 access, placing it within easy reach of downtown Jacksonville, EverBank Field, Jacksonville Ice and Sportsplex, area beaches, shopping, golf courses, and numerous restaurants. Jacksonville International Airport is only 25 miles away. Built in 1982 and renovated in 1990, the single-story motel currently features amenities such as complimentary large-vehicle parking, Wi-Fi, guest laundry facilities, and a seasonal outdoor pool. The property is zoned PUD, offering potential for alternative uses such as affordable housing, senior living, or student housing, subject to necessary county zoning approvals. Its prime location near the University of North Florida (10 miles) and Jacksonville's thriving economy, fueled by major employers like CSX, Bank of America, Florida Blue, and Baptist Health, makes it an attractive investment. Jacksonville's diverse economy, encompassing finance, healthcare, transportation, manufacturing, and technology, along with a significant military presence, further enhances the property's long-term potential. This is a chance to capitalize on a strong location and adapt a well-situated property to meet the evolving needs of the Jacksonville market. The property's size and existing infrastructure provide a solid foundation for a successful redevelopment project.

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1982
Construction WOOD
Total area 6,336 SF
Lot 3.7 ac (161,319 SF)
Zoning code PUD
APN 152683-0140
UPID US18-0599426

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Hotel & Motel

Location

8285 Dix Ellis Trl Jacksonville, FL 32256-8292
Jacksonville metro Census 16725 JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2009
4 recorded transactions
2009
$2.1M
2008
$2.9M
2008
$96,600
1998
$57,400

Zoning & alternative use

PUD · Jacksonville, FL
Zoning description

or other districts shall apply to those portions of a Planned Unit Development (PUD) which are devoted to uses permitted in these respective districts, unless specifically provided otherwise in the written description of…

General category PLANNED_DEVELOPMENT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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