4401 Emerson StJacksonville, FL 32207

Property Details for 4401 Emerson St

Year built

1974

Construction

CONCRETE

Lot size

2.31 AC

Property size (Sq ft)

14,990 SF

Zone code

CCG-2

Property type

Office properties

Property subtype

Office buildings

APN

135922-0030

APU

1359220030

Description

This exceptional investment opportunity presents a two-building medical office complex situated at 4401 Emerson St, Jacksonville, FL 32207. The property, known as Emerson Street Plaza, boasts a total of 14,990 square feet across two, two-story buildings, constructed in 1974 and extensively renovated in 2022. Currently, 2,498 square feet of readily available space is perfect for immediate occupancy, with a minimum divisible unit of 1,249 square feet and a maximum contiguous space of 2,498 square feet. The property sits on a 2.32-acre lot and is zoned CCG-2, offering significant potential for expansion or redevelopment. Ample parking is provided with 45 spaces. The location is highly convenient, just half a mile south of Beach Boulevard, ensuring excellent visibility and accessibility for patients and staff. This multi-tenant property offers a strong foundation for a thriving medical practice or investment portfolio. The property's recent renovation ensures modern, efficient spaces, ready for immediate use. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a growing Jacksonville market. Don't miss this chance to secure a prime asset in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,707,945

  6.5%

  $2,499,642

  7%

  $2,321,096

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,019,470

  Geo Method

  $1,019,470

• Alternative Use

  Use

  Valuation

  Residential

  $3,099,556

  Hospitality

  $2,839,176

  Educational

  $2,362,161

  Medical

  $2,443,400

  Retail

  $3,674,473

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.2915

Longitude

-81.6196

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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