91 Trout River Dr Jacksonville, FL 32208
This exceptional 2.51-acre waterfront property, located at 91 Trout River Dr in Jacksonville, Florida (zip code 32208), presents a unique investment opportunity. The fee-simple ownership includes four buildings totaling 39,102 square feet, constructed in 1956, 1970, 2011, and 2019. The property is zoned PUD and offers a versatile layout currently configured with offices, classrooms, dormitories, and locker rooms, previously used as a commercial dive and maritime welding school. The site boasts ample parking with 80 spaces in a gravel lot. The asking price is $2,950,000, translating to $75.44 per square foot. Its central location offers easy access to Downtown Jacksonville and JAXPORT, making it ideal for a variety of uses, including a marina, storage facility, or even a school. The property is currently vacant and ready for immediate development or redevelopment, presenting significant potential for a discerning investor. The property's net rentable square footage is 39,102 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.