45 Bay StJacksonville, FL 32202

Property Details for 45 Bay St

Year built

1909

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.12 AC

Property size (Sq ft)

13,083 SF

Zone code

CCBD

Property type

Office properties

Property subtype

Office buildings

APN

073664-0000

APU

736640000

Description

This exceptional commercial property, located at 45 West Bay Street in the heart of Downtown Jacksonville, Florida (zip code 32202), offers two available executive office suites. The suites range in size from 2,320 to 3,260 square feet, providing ample space for a variety of business needs. The property is zoned for Commercial Central Business District (CCBD) use within Duval County, ensuring flexibility for diverse commercial operations. The building features a multi-tenant occupancy arrangement, creating a vibrant and collaborative environment. This prime location boasts unparalleled access to Jacksonville's urban core, placing tenants within easy reach of numerous green spaces, including the recently developed Riverfront Plaza and the Emerald Trail. The property benefits significantly from the dynamic growth and ongoing development projects within a single block radius. Furthermore, the proximity to the Jacksonville University School of Law, with its substantial student and faculty population (approximately 450 students plus faculty and staff), presents a unique opportunity for businesses seeking to tap into this thriving community. The property's address is 45 West Bay Street, Jacksonville, FL 32202. The property type is listed as Retail and Office.

• CAP approach

  CAP return

  Valuation

  6%

  $2,363,445

  6.5%

  $2,181,642

  7%

  $2,025,810

• Comparable approach

  Method

  Valuation

  Relative Method

  $889,775

  Geo Method

  $889,775

• Alternative Use

  Use

  Valuation

  Residential

  $2,705,236

  Hospitality

  $2,477,982

  Educational

  $2,061,652

  Medical

  $2,132,555

  Retail

  $3,207,014

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.3267

Longitude

-81.659

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].