2203 Park StJacksonville, FL 32204

  • Retail properties
  • 1,345 SF
For Sale
$400,000 View listing

Property Details for 2203 Park St

Year built
1942
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.10 AC
Property size (Sq ft)
1,345 SF
Zone code
CRO
Property type
Retail properties
Property subtype
Retail space
APN
090918-0000
APU
909180000

Description

This exceptional 1,345-square-foot creative office space is ideally situated in Jacksonville, Florida's desirable Historic Five Points district. The property, located at 2203 Park Street, is a single-story, Class C building constructed in 1942 and sits on a 0.1-acre lot. Offering convenient side parking access on Copeland Street, this owner-user investment opportunity boasts a compelling price per square foot of $297.40. The building's 1,345 square feet of net rentable space provides ample room for a variety of businesses. Its prime location offers unparalleled access to the vibrant Park Street shops and restaurants, as well as the serene beauty of Memorial and Riverside Parks. Commuters will appreciate the easy access to Downtown Jacksonville, I-95, and I-10, ensuring seamless connectivity throughout the city and beyond. This unique property presents a rare chance to own a piece of Jacksonville's rich history while enjoying the benefits of a modern, functional workspace. The asking price for this attractive investment is $400,000. The property's address is 2203 Park Street, Jacksonville, FL 32204, located in Duval County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $357,172
    6.5%
    $329,698
    7%
    $306,148
  • Comparable approach

    Method
    Valuation
    Relative Method
    $230,513
    Geo Method
    $230,513
  • Alternative Use

    Use
    Valuation
    Residential
    $278,112
    Hospitality
    $254,749
    Educational
    $211,948
    Medical
    $219,238
    Retail
    $329,698
2203 Park St, Jacksonville, Florida

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.3132
Longitude
-81.6852
CBSA code
27260
CBSA name
JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,498
$74,700
$62,900
$137,600
-
$74,700
$62,900
$137,600

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