Office Space
7960 Arlington Expressway Jacksonville, FL 32211
Details & Description
Price: $3,900,000
    Office park for sale in Opportunity Zone. Two free standing buildings totaling approximately 180,000 square feet, on 10.92 acres. The property offers potential rehab as office buildings or redevelopment to multi-family, student housing, assisted living facility or medical office building as well as potential for construction of additional buildings. Asking price $3,900,000.Highlights:Opportunity Zone HighlightsDeferral of Capital Gains Tax --- Re-invest capital gains (within six months or realizing the gains) and defer capital gains tax until December 31, 2026.Reduction of Capital Gains Tax--- Hold the investment for five years and reduce capital gains tax by 10%. Hold investment for seven years and reduce capital gains tax by 15%.Eliminate Capital Gains Tax --- Hold the investment for 10 years and pay no capital gains tax on any gains realized from the investment.
    Additional Photos
    Listing Agents
    Jeffrey Terwilliger

    O: 607-745-0364
    jterwilliger@svrrealtyfl.com
    Eric Ramirez

    O: 904-502-6450
    eramirez@svrcom.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    7960 Arlington Expressway

    Jacksonville, FL 32211

    Listing ID: 188062
    • 7960 Arlington Expressway Jacksonville, FL 32211 | for Sale | Photo 1
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    • 7960 Arlington Expressway Jacksonville, FL 32211 | for Sale | Photo 3
    • 7960 Arlington Expressway Jacksonville, FL 32211 | for Sale | Photo 4
    • 7960 Arlington Expressway Jacksonville, FL 32211 | for Sale | Photo 5
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    • 7960 Arlington Expressway Jacksonville, FL 32211 | for Sale | Photo 7
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    Building Size: 187,937 SF
    Lot Size: 10.920 AC
    Land Size: 475,675 SF
    Building $/SF: $20.75
    Land $/SF: $8.20
    Price
    $3,900,000
    Description

    Office park for sale in Opportunity Zone. Two free standing buildings totaling approximately 180,000 square feet, on 10.92 acres. The property offers potential rehab as office buildings or redevelopment to multi-family, student housing, assisted living facility or medical office building as well as potential for construction of additional buildings. Asking price $3,900,000.

    Highlights:
    Opportunity Zone Highlights


    Deferral of Capital Gains Tax --- Re-invest capital gains (within six months or realizing the gains) and defer capital gains tax until December 31, 2026.


    Reduction of Capital Gains Tax--- Hold the investment for five years and reduce capital gains tax by 10%. Hold investment for seven years and reduce capital gains tax by 15%.


    Eliminate Capital Gains Tax --- Hold the investment for 10 years and pay no capital gains tax on any gains realized from the investment.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Jacksonville History of Office Space for Sale

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    Jacksonville Area Market Trends

    Listing Demographics for 7960 Arlington Expressway Jacksonville, FL 32211

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population13,79089,031195,799
    Population Median Age343737
    Population by Age0-9 Yrs2409 (17%)12306 (13%)26544 (13%)
    10-19 Yrs1809 (13%)11183 (12%)23138 (11%)
    20-29 Yrs2162 (15%)14109 (15%)32666 (16%)
    30-39 Yrs1934 (14%)12958 (14%)29368 (14%)
    40-49 Yrs1618 (11%)11375 (12%)25116 (12%)
    50-59 Yrs1801 (13%)11448 (12%)24980 (12%)
    60-69 Yrs1096 (7%)8232 (9%)18631 (9%)
    70+ Yrs962 (6%)7420 (8%)15355 (7%)
    Median HH Income$36,373$43,783$46,380
    Total Household Income< 24K1639 (31%)8407 (24%)18630 (24%)
    25-49K1629 (31%)11228 (32%)21717 (28%)
    50-74K844 (16%)6388 (18%)13305 (17%)
    75-99K538 (10%)4035 (11%)9280 (12%)
    100-199K418 (8%)4045 (11%)10400 (13%)
    200K+80 (1%)793 (2%)2011 (2%)
    Highest Education LevelNo Diploma1316742117591
    Diploma or GED27971911039137
    Some College25501422530030
    Assoc. Degree673599813258
    Bachelors Degree934910422974
    Higher Degree43834389084
    Total Housing Units5,84739,69185,820
    --Owner-Occupied1,92516,48836,590
    --Renter-Occupied3,22318,40738,753
    Owner-Occupied Values< 100K639510410019
    100-199K1051852617401
    200-299K18320026162
    300-399K173891747
    400-499K2111441
    500K+34356819
    Total Working Age Population10,19770,129155,685
    In Work Force6,78146,775101,543
    Not In Work Force3,41623,35354,142
    Workforce Employed6,04042,64493,177
    Workforce Unemployed7263,6987,240
    Civlian Workforce6,76646,342100,417
    Military Workforce154331,127
    Total Households5,14934,89575,343
    Family Households3,16820,88044,355
    Non-Family Households1,98114,01530,988
    Married Couple1,77212,90827,579
    Other Family1,3957,97216,777
    Married w/Child8215,29911,171
    Single Male w/Child1767721,722
    Single Female w/Child6613,6647,117

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Duval County778,879+11864,263+14981,852+121,095,165

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 7960 Arlington Expressway in Jacksonville?
    The asking price for 7960 Arlington Expressway is $3,900,000
    What is the building size of this Office property in Jacksonville, FL?
    The size of the building/unit at 7960 Arlington Expressway in Jacksonville is 187,937 square feet
    How much land does the Jacksonville, FL property at 7960 Arlington Expressway include?
    7960 Arlington Expressway in Jacksonville includes 10.920 acres of land
    What kind of Office is the propery at 7960 Arlington Expressway?
    The property at 7960 Arlington Expressway Jacksonville, FL 32211 is listed as a Professional Office property
    What is the population within 1 mile of 7960 Arlington Expressway in Jacksonville?
    The population within 1 mile of 7960 Arlington Expressway Jacksonville, FL 32211 is 13,790 people.
    Who do I contact for questions about 7960 Arlington Expressway?
    You should contact the listing agent, Jeffrey Terwilliger, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Jacksonville International Airport (JAX) 13
    Daytona Beach International Airport (DAB) 85
    Orlando Sanford International Airport (SFB) 109