700 Union StJacksonville, FL 32206

  • Warehouses
  • 298,171 SF

Property Details for 700 Union St

Year built
1913
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
7.23 AC
Property size (Sq ft)
298,171 SF
Zone code
PUD
Property type
Warehouses
APN
122092-0115
APU
1220920115

Description

The Union Terminal Warehouse, located at 700 E Union St in Jacksonville, Florida (zip code 32206), offers a unique retail and restaurant opportunity in Duval County. This mixed-use property boasts a total of 360,000 square feet, with 6,000 square feet currently available for lease. Ideal for multiple tenants, the space is divisible to a minimum of 3,000 square feet and offers a maximum contiguous space of 6,000 square feet. The property features convenient on-site surface parking, eliminating the need for tenants to search for off-site parking solutions. Furthermore, existing restaurant infrastructure is already in place, significantly reducing build-out costs and time for food and beverage establishments. This prime location in Jacksonville presents a compelling opportunity for businesses seeking high-visibility retail space or a restaurant location with built-in advantages. The property's size and flexibility make it suitable for a variety of concepts, from smaller boutiques to larger-scale restaurants. The available space is ready for immediate occupancy, providing a quick path to market entry. Interested parties should inquire about lease terms and availability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $61,654,272
    Hospitality
    $56,474,984
    Educational
    $46,986,524
    Medical
    $48,602,460
    Retail
    $73,090,144

Location Insight

City
Jacksonville
County
Duval
State
Florida
Latitude
30.3302
Longitude
-81.6475
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
$70,712
$393,925
$3,592,590
$3,986,515
-
$393,925
$3,592,590
$3,986,515

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