637 Park StJacksonville, FL 32204

Property Details for 637 Park St

Year built

1958

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.29 AC

Property size (Sq ft)

4,182 SF

Zone code

CCBD

Property type

Office buildings

APN

090372-0010

APU

903720010

Description

This exceptional 4,182 square foot freestanding office building is ideally situated in Jacksonville's vibrant Riverside submarket, within the Riverside submarket cluster of Duval County, Florida. The property, located at 637 Park Street, zip code 32204, offers a unique opportunity for businesses seeking a creative office space. The entire building is currently vacant, presenting a blank canvas for a new tenant to customize to their specific needs. The single-tenant occupancy allows for complete control and privacy. A key advantage is the inclusion of prominent signage rights, providing excellent visibility and brand exposure. Secure, gated parking is also provided, ensuring the safety and convenience of employees and clients. This property is available for both sale and lease, offering flexibility to potential buyers or tenants. The building's location in the desirable Riverside area provides easy access to local amenities, restaurants, and transportation options. This is a rare opportunity to acquire a well-positioned, freestanding creative office building in a highly sought-after Jacksonville neighborhood. The property's size and features make it suitable for a variety of businesses seeking a unique and functional workspace. Contact us today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $856,209

  6.5%

  $790,347

  7%

  $733,894

• Comparable approach

  Method

  Valuation

  Relative Method

  $284,418

  Geo Method

  $284,418

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,627,070

  Retail / Commercial

  $820,443

  Mixed-Use / Specialty

  $806,556

  Hospitality / Lodging

  $577,473

  Institutional / Educational

  $834,576

  Residential Income

  $976,453

  Multifamily

  $1,231,880

  Automotive / Energy

  $715,350

  Parking / Income-Based Land

  $257,689

  Restaurant / Food Service

  $396,101

  Healthcare / Senior Housing

  $838,350

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.3188

Longitude

-81.6783

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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