1776 American Heritage Life DrJacksonville, FL 32224

  • Office buildings
  • 144,246 SF

Property Details for 1776 American Heritage Life Dr

Year built
1994
Construction
STEEL FRAME
Lot size
22.02 AC
Property size (Sq ft)
144,246 SF
Zone code
CO
Property type
Office buildings
APN
167766-0500
APU
1677660500

Description

The Pondry, a prestigious Class A office building in Jacksonville, Florida's Southside Market (Southside Suburban cluster), offers 266,362 square feet of traditional office space. Located at 1776 American Heritage Life Dr, Jacksonville, FL 32224 (APN: 167766-0400, 167766-0500), this nine-story building boasts a significant 42,452 square feet of immediately available contiguous space, with a minimum divisible space of 2,500 square feet. Built in 1994, the property sits on 30 acres and provides ample parking with a ratio of 4.27 spaces per 1,000 square feet. The building features elevators and is situated within a thriving mixed-use environment, combining workspace, residential, and commercial elements. This prime location in Duval County offers easy access to major transportation routes and amenities. The property is ideal for businesses seeking modern, efficient, and collaborative workspaces in a dynamic setting. This exceptional opportunity presents a chance to secure a prominent presence in a rapidly growing area of Jacksonville. Inquire today to learn more about leasing options and explore the possibilities of establishing your business at The Pondry.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $26,448,000
    6.5%
    $24,413,538
    7%
    $22,669,714
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,810,170
    Geo Method
    $9,810,170
  • Alternative Use

    Use
    Valuation
    Residential
    $30,272,788
    Hospitality
    $27,729,712
    Educational
    $23,070,794
    Medical
    $23,864,234
    Retail
    $35,887,900

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.2548
Longitude
-81.4389
CBSA code
27260
CBSA name
JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$508,965
$5,031,180
$22,806,520
$27,837,700
-
$5,031,180
$22,806,520
$27,837,700

FAQs

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