Industrial Properties
1429 West 16th Street Jacksonville, FL 32209
Details & Description
Price: $6,230,000
    DescriptionVALUE ADD property for development in an Opportunity zone with a price point below marketIdeal distribution point, last mile, regional or as Cross dockingCan be restored to a freezer/refrigeration facility, Ammonia system partially in placeMarijuana possibility for growing with around 85,000 +/- SF that can be temperature controlledNew Doors have been installed throughout the property at a cost of $100K+There are 11 buildings that can be developed for a large variety of possibilities.Opportunity zone may provide tax incentives for any potential investor.Also available for lease.HighlightsJacksonville Ocean port is being developed for deep water access by “super vessels", this means significant future increase in demand for this type of facility due to Ocean port expansionCan be restored to a refrigerated/freezer buildingMarijuana possibility for growing with around 85,000 +/- SF that can be temperature controlledA variety of size and options are available for this building complexMulti-tenant or single tenantLarge fenced in yard to handle 20+ trailersCross docking is very feasible in this building with 7 dock doors currently in operationInsulated dock areaMulti-level areas can be modified for refrigeration and/or freezer, case pick and assembly operationsPart of building is renovated with some areas that requires upgrades and repairNew doors installed throughout the building - several covered some open.Approximately 8000 sq ft of office space in total buildingOpportunity Zones - Investing with Purpose - Creating Shared Value at the intersection of people and profit.
    Listing Agents
    Ralph Malmros

    O: 386-310-7900
    M: 949-278-9669
    ralph.malmros@svn.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.

    1429 West 16th Street

    Jacksonville, FL 32209

    1429 W 16th Street - Opportunity Zone

    Listing ID: 188739
    • 1429 West 16th Street Jacksonville, FL 32209 | for Sale | Photo 1
    • 1429 West 16th Street Jacksonville, FL 32209 | for Sale | Photo 2
    • 1429 West 16th Street Jacksonville, FL 32209 | for Sale | Photo 3
    1429 West 16th Street | for Sale | Thumbnail 1
    1429 West 16th Street | for Sale | Thumbnail 2
    1429 West 16th Street | for Sale | Thumbnail 3
    Building Size: 195,000 SF
    Lot Size: 6.580 AC
    Land Size: 286,624 SF
    Building $/SF: $31.95
    Land $/SF: $21.74
    Price
    $6,230,000
    Description

    Description

    VALUE ADD property for development in an Opportunity zone with a price point below market

    Ideal distribution point, last mile, regional or as Cross docking

    Can be restored to a freezer/refrigeration facility, Ammonia system partially in place

    Marijuana possibility for growing with around 85,000 +/- SF that can be temperature controlled

    New Doors have been installed throughout the property at a cost of $100K+

    There are 11 buildings that can be developed for a large variety of possibilities.

    Opportunity zone may provide tax incentives for any potential investor.

    Also available for lease.

    Highlights

    Jacksonville Ocean port is being developed for deep water access by “super vessels", this means significant future increase in demand for this type of facility due to Ocean port expansion

    Can be restored to a refrigerated/freezer building

    Marijuana possibility for growing with around 85,000 +/- SF that can be temperature controlled

    A variety of size and options are available for this building complex

    Multi-tenant or single tenant

    Large fenced in yard to handle 20+ trailers

    Cross docking is very feasible in this building with 7 dock doors currently in operation

    Insulated dock area

    Multi-level areas can be modified for refrigeration and/or freezer, case pick and assembly operations

    Part of building is renovated with some areas that requires upgrades and repair

    New doors installed throughout the building - several covered some open.

    Approximately 8000 sq ft of office space in total building

    Opportunity Zones - Investing with Purpose - Creating Shared Value at the intersection of people and profit.

    Attachments & Files

    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 Industrial Properties for Sale

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    Jacksonville Area Market Trends

    Listing Demographics for 1429 West 16th Street Jacksonville, FL 32209

    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 Population15,60483,062175,313
    Population Median Age363838
    Population by Age0-9 Yrs2703 (17%)11566 (13%)23870 (13%)
    10-19 Yrs1991 (12%)9642 (11%)20934 (11%)
    20-29 Yrs2364 (15%)13376 (16%)27723 (15%)
    30-39 Yrs1675 (10%)10419 (12%)23185 (13%)
    40-49 Yrs1752 (11%)8916 (10%)20065 (11%)
    50-59 Yrs1928 (12%)11419 (13%)23403 (13%)
    60-69 Yrs1683 (10%)9652 (11%)19698 (11%)
    70+ Yrs1508 (9%)8072 (9%)16434 (9%)
    Median HH Income$22,681$28,641$36,084
    Total Household Income< 24K3343 (55%)14540 (44%)25223 (36%)
    25-49K1597 (26%)9022 (27%)19812 (28%)
    50-74K648 (10%)4567 (14%)11378 (16%)
    75-99K229 (3%)2000 (6%)5440 (7%)
    100-199K171 (2%)1828 (5%)6189 (8%)
    200K+41 (0%)399 (1%)1811 (2%)
    Highest Education LevelNo Diploma24551142819710
    Diploma or GED44282171440127
    Some College15971132725595
    Assoc. Degree621417610055
    Bachelors Degree569525015922
    Higher Degree28925707734
    Total Housing Units8,34740,98284,244
    --Owner-Occupied2,13113,52131,626
    --Renter-Occupied3,89718,83438,227
    Owner-Occupied Values< 100K1878987916889
    100-199K19623348099
    200-299K388413191
    300-399K02361067
    400-499K086664
    500K+181461717
    Total Working Age Population11,72965,743139,018
    In Work Force6,10435,20881,526
    Not In Work Force5,62530,53557,492
    Workforce Employed5,36730,74572,720
    Workforce Unemployed7374,3138,506
    Civlian Workforce6,10435,05881,227
    Military Workforce0151299
    Total Households6,02832,35569,853
    Family Households3,14616,82237,332
    Non-Family Households2,88215,53332,521
    Married Couple8556,23417,811
    Other Family2,29110,58819,521
    Married w/Child3201,7395,777
    Single Male w/Child1566411,415
    Single Female w/Child9834,6488,405

    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:

    Total Households:

    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 1429 West 16th Street in Jacksonville?
    The asking price for 1429 West 16th Street is $6,230,000
    What is the building size of this Industrial property in Jacksonville, FL?
    The size of the building/unit at 1429 West 16th Street in Jacksonville is 195,000 square feet
    How much land does the Jacksonville, FL property at 1429 West 16th Street include?
    1429 West 16th Street in Jacksonville includes 6.580 acres of land
    What kind of Industrial is the propery at 1429 West 16th Street?
    The property at 1429 West 16th Street Jacksonville, FL 32209 is listed as a Warehouse Industrial property
    What is the population within 1 mile of 1429 West 16th Street in Jacksonville?
    The population within 1 mile of 1429 West 16th Street Jacksonville, FL 32209 is 15,604 people.
    Who do I contact for questions about 1429 West 16th Street?
    You should contact the listing agent, Ralph Malmros, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Jacksonville International Airport (JAX) 10
    Daytona Beach International Airport (DAB) 89
    Orlando Sanford International Airport (SFB) 112