3127 Atlantic BlvdJacksonville, FL 32207

Property Details for 3127 Atlantic Blvd

Year built

1956

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.93 AC

Property size (Sq ft)

10,951 SF

Zone code

CRO

Property type

Office buildings

APN

145991-0000

APU

1459910000

Description

This single-story, 11,500 square foot traditional office building, located at 3127 Atlantic Boulevard in Jacksonville, Florida's St. Nicholas Historic District, presents a unique opportunity. Built in 1956 and renovated in 1980, the property boasts a Class C designation and offers a minimum divisible space of 3,979 square feet, with a maximum contiguous space of the same size. The building sits on a 0.93-acre lot and features a desirable 15-foot ceiling height. Ample parking is provided, with a ratio of 4.22 spaces per 1,000 square feet. Its prime location on Atlantic Boulevard provides excellent visibility with monument signage. The property benefits from its proximity to dining and entertainment options in San Marco and downtown Jacksonville, and enjoys convenient access to Interstates 95 and 10. Currently, one space of 3,979 square feet is available for lease. This property is ideal for businesses seeking a historic yet functional office space in a thriving Jacksonville neighborhood. The zip code is 32207.

• CAP approach

  CAP return

  Valuation

  6%

  $1,978,299

  6.5%

  $1,826,122

  7%

  $1,695,685

• Comparable approach

  Method

  Valuation

  Relative Method

  $744,778

  Geo Method

  $744,778

• Alternative Use

  Use

  Valuation

  Residential

  $2,264,392

  Hospitality

  $2,074,171

  Educational

  $1,725,686

  Medical

  $1,785,035

  Retail

  $2,684,400

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.3059

Longitude

-81.6335

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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