1460 Cassat AveJacksonville, FL 32205

Property Details for 1460 Cassat Ave

Year built

2005

Construction

WOOD

Lot size

0.50 AC

Property size (Sq ft)

4,200 SF

Zone code

CCG-1

Property type

Office properties

Property subtype

Office buildings

APN

067167-0000

APU

671670000

Description

This exceptional Class B executive office building, located at 1460 Cassat Ave in Jacksonville, Florida (zip code 32205), presents a unique investment opportunity. Built in 2005, the single-story structure sits on a 0.5-acre corner lot in Duval County, offering excellent visibility and signage potential due to its high-traffic location. The building boasts a total of 4,260 square feet, including an exterior canopy, and is currently configured to accommodate two tenants, each with approximately 1,980 square feet of space. Ample parking is provided with 16 spaces. The property is zoned CCG-1 and features paved parking and attractive curb appeal. The asking price is $525,000. This property has a rich history, previously serving as the office of a State Senator and a health staffing company. The building's size is adaptable to a variety of professional uses. This is a rare opportunity to acquire a well-maintained, strategically located office building in a thriving Jacksonville neighborhood. The APN is 067167-0000.

• CAP approach

  CAP return

  Valuation

  6%

  $906,990

  6.5%

  $837,222

  7%

  $777,420

• Comparable approach

  Method

  Valuation

  Relative Method

  $285,642

  Geo Method

  $285,642

• Alternative Use

  Use

  Valuation

  Residential

  $1,038,155

  Hospitality

  $950,944

  Educational

  $791,174

  Medical

  $818,384

  Retail

  $1,230,716

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.2941

Longitude

-81.7308

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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