11512 Lake Mead AveJacksonville, FL 32256
- Office properties
- 1,442 SF
Property Details for 11512 Lake Mead Ave
- Year built
- 2007
- Construction
- WOOD
- Lot size
- 0.01 AC
- Property size (Sq ft)
- 1,442 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 167745-8550
- APU
- 1677458550
Description
This exceptional Class A medical office condo, located at 11512 Lake Mead Ave, Jacksonville, FL 32256, presents a unique investment opportunity. The 2,496 square-foot, single-story building, built in 2007, sits on a 0.06-acre lot within a thriving medical office park. Currently vacant with an occupancy date of September 30, 2024, this fee-simple property offers immediate potential for owner-occupancy or investment. All exam rooms and the break room are fully plumbed, providing a turnkey solution for medical professionals. The property boasts convenient access to major roadways, including I-295 and SR-202, ensuring high visibility and accessibility. Zoned PUD, this property features one unit in a single building. The asking price is $1,200,000, translating to $480.77 per square foot. This prime location in a growing healthcare corridor of Jacksonville offers a strong and steady demand for medical office space, making it an attractive investment for long-term value and potential rental income. The property's APN is 167745-8540, 167745-8535.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $250,202
- 6.5%
- $230,956
- 7%
- $214,459
-
Comparable approach
- Method
- Valuation
- Relative Method
- $98,070
- Geo Method
- $98,070
-
Alternative Use
- Use
- Valuation
- Residential
- $286,385
- Hospitality
- $262,327
- Educational
- $218,253
- Medical
- $225,759
- Retail
- $339,505
Location Insight
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Latitude
- 30.2325
- Longitude
- -81.5129
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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