725 Skymarks DrJacksonville, FL 32218

  • Strip malls
  • 22,013 SF

Property Details for 725 Skymarks Dr

Year built
2020
Construction
STEEL FRAME
Lot size
1.95 AC
Property size (Sq ft)
22,013 SF
Zone code
PUD
Property type
Strip malls
Property subtype
Neighborhood centers
APN
107618-1715
APU
1076181715

Description

A brand-new, 1,300-square-foot medical office space is available for lease in the River City Marketplace, situated in North Jacksonville's rapidly expanding area. This Class A building, constructed and renovated in 2021, offers a single-story, 24,941-square-foot structure with ten suites. The available space is part of a larger development, boasting approximately 1,000,000 square feet of planned urban development, including medical, retail, and restaurant spaces. The property is conveniently located near the intersection of I-95, I-295, and Airport Road, providing easy access to Nassau County (approximately 15 minutes away) and Georgia (less than 30 minutes away). This prime location is adjacent to UF Health North and benefits from the high traffic volume of the River City Marketplace, the largest shopping complex in North Jacksonville. Major retailers such as Walmart, Best Buy, Lowe's, Aloft Hotel, Dick's Sporting Goods, Ulta, Ross, and Michaels are nearby. The property includes approximately 98 parking spaces and is zoned PUD. The minimum leasable space is 1,300 square feet, with a maximum contiguous space of 1,300 square feet. Utilities are available. The address is 725 Skymarks Dr, Jacksonville, FL 32218, and the cross streets are Max Leggett Parkway and Skymarks Drive.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,177,458
    6.5%
    $4,779,192
    7%
    $4,437,821
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,772,702
    Geo Method
    $3,772,702
  • Alternative Use

    Use
    Valuation
    Residential
    $4,031,427
    Hospitality
    $3,692,766
    Educational
    $3,072,338
    Medical
    $3,178,000
    Retail
    $4,779,192

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.4809
Longitude
-81.6349
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
$104,314
$1,224,343
$5,056,657
$6,281,000
-
$1,224,343
$5,056,657
$6,281,000

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