For Sale
$89,700

8078 Devoe StJacksonville, FL 32220

Jacksonville Office - Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
118
This 1,368 square foot traditional office building in Jacksonville, Florida, presents a compelling value-add investment opportunity. Located on a 5,663 square foot corner lot at 8078 Devoe St, 32220, this single-story, 1953-built property is zoned CCG-2 and offers 1,056 square feet of net rentable space. Its prime location just off I-10, two miles from I-295, and eight miles from I-95 provides exceptional accessibility and visibility. The property's distressed condition offers significant upside potential through renovations, including exterior enhancements (facade refresh, landscaping upgrade, improved signage), interior renovations (modernized common areas, updated restrooms, reconfigured floor plans), and systems upgrades (energy-efficient HVAC and lighting, smart building technologies, enhanced internet connectivity). The asking price is $89,700, and the lease type is NNNN. This property is ideal for an investor seeking to capitalize on its location and increase its value through strategic improvements, attracting higher-quality tenants and commanding premium rental rates. The property's APN is 005893-0000. This is a true value-add opportunity with potential for substantial returns.

Highlights

  • High daily traffic counts.
  • Excellent central location.
  • Prime corner lot.

Property Details for 8078 Devoe St

Property type
Office properties
Square Feet
1,368 SF
Year Built
1953
Stories
1

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.315690238869
Longitude
-81.783379535046
8078 Devoe St, Jacksonville, Florida

FAQs

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8078 Devoe St
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