6737 Southpoint DrJacksonville, FL 32216

Property Details for 6737 Southpoint Dr

Year built

1983

Construction

CONCRETE

Lot size

8.13 AC

Property size (Sq ft)

134,240 SF

Zone code

IBP

Property type

Office buildings

APN

152854-1005

APU

1528541005

Description

Innovation Park, located at 6737 Southpoint Dr S in Jacksonville, Florida (zip code 32216), offers a significant opportunity for businesses seeking premium office space. This Class A building, constructed in 1992, boasts a total of 135,404 square feet, with a substantial 87,418 square feet currently vacant and available for lease. The property is zoned IBP and situated in Duval County, within a highly desirable Jacksonville submarket. The building is perfect for companies seeking a corporate office park setting. Multiple tenancy options are available, with a maximum contiguous space of 43,550 square feet. This presents a unique chance to secure a large, contiguous block of space or to accommodate multiple tenants within this prestigious location. The property's size and location make it an ideal choice for businesses looking to establish or expand their presence in Jacksonville's thriving commercial market. The building's executive office subtype caters to businesses requiring a sophisticated and professional work environment.

• CAP approach

  CAP return

  Valuation

  6%

  $23,292,018

  6.5%

  $21,500,324

  7%

  $19,964,586

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,129,662

  Geo Method

  $9,129,662

• Alternative Use

  Use

  Valuation

  Residential

  $26,660,402

  Hospitality

  $24,420,784

  Educational

  $20,317,806

  Medical

  $21,016,566

  Retail

  $31,605,476

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.2536

Longitude

-81.5893

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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