7155 Highway 17 - Warehouse FOR SALE


Fleming Island, FL 32003
$1,650,000 USD
904-672-1426
7155 Highway 17, Fleming Island, FL for Sale
$1,650,000 USD
Warehouse - FOR SALE
1/7
null | Request Cap Rate

7155 Highway 17
Fleming Island, FL 32003


HIGHLIGHTS

  • Well-Located Industrial Conversion Opportunity
  • High Income and Growing Neighborhood
  • 100% Air-Conditioned, Clear Span, and Yard potential

OVERVIEW

Marcus & Millichap, as exclusive advisor, is pleased to present 7155 Hwy 17, Fleming Island, FL 32003 ("the Property") for sale. This 10,009 square foot property was built in 1997 as a gymnastics studio, with clear potential to convert to a grade-level industrial building. This building is clear-span, with clear heights ranging from 19' to 23'. There is a 1,000 square foot office in the front of the building with a 1,000 square foot mezzanine space, currently used for spectators. This building currently has four bathrooms and is fully insulated and air-conditioned. This building offers a prime conversion opportunity for an industrial user looking to locate in a high income area of Clay County, an area with extremely limited industrial inventory. By adding one or two roll-up doors on the side of the building and filling in a five-foot jump pit, this building will be immediately ready for simple storage. For more intense usage, the parking lot can be expanded to facilitate outside storage and Clay Electric has indicated that three-phase power service can be implemented here. Fleming Island is a high income neighborhood located in Southwest Jacksonville, between Orange Park and Green Cove Springs. With the recent announcement of a 4,000 home master-planned community in Green Cove Springs and progress on the new Greenway Highway, this area will have a sharp increase in expensive homes and will likely require specialty services to meet local needs. Jacksonville is the fourth-largest metro in Florida and has been a prime industrial location due to the intersection of I-10 and I-95, CSX Rail Infrastructure and headquarters, and JAXPORT's terminals along the St. Johns River. This City continues to experience high population and income growth across the metro.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1.82

LAND SF

79,279

ZONING

BB

APN/PARCEL ID

38-05-26-014705-001-03

ASK ABOUT THIS PROPERTY

Mike FinnMarcus & MillichapMore Info
904-672-1426

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Mike FinnMarcus & MillichapMore Info
904-672-1426

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.