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    OFF-MARKET
    Motels

    8285 Dix Ellis Trl, Jacksonville, FL 32256-8292

    6,336 SF 3.7 ac lot Built 1982
    Entity Owned 17-yr Hold ~ Est. High Equity
    Property ID
    US18-0599426
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hotel Hotel & Motel
    • Knights Inn Jacksonville at Dix Ellis Trail Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Shirdi LLC · 17 yrs held
    Shirdi LLC
    since 2009
    4 recorded transactions
    2009
    $2.1M
    2008
    $2.9M
    2008
    $96,600
    1998
    $57,400
    Zoning & alternative use
    PUD · Jacksonville, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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