Specialty Real Estate
10901 Harts Road Jacksonville, FL 32218
Details & Description
Price: $3,700,000
    Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 60-room Red Roof Inn located in Jacksonville, Florida - the most populous city in the State of Florida and the southeastern United States. The property is a three-story, limited-service hotel located directly off Interstate 95 and a short drive to both the Jacksonville Cruise Port as well as Jacksonville International Airport. The property is also located within close approximity to a variety of other demand generators including: Interstate 295, Jacksonville Zoo & Gardens, UF Health Jacksonville, and TIAA Bank Field, among others. The Red Roof Inn offers investors the opportunity to acquire a recently renovated property in an established and growing market with zero expected Property Improvement Plan (PIP) costs.
    Property Highlights
     Includes Manager Suite Contains Two Bedrooms, Two Bathrooms, and a Kitchenette
     Excellent Entry-Level Property for A First-Time Hotel Investor
    Listing Agents
    David Greenburg

    O: 954-245-3449
    david.greenberg@marcusmillichap.com
    Christopher Passeggiata
    Marcus & Millichap
    O: 954-245-3581
    christopher.passeggiata@marcusmillichap.com
    Gabriel Shamay
    Marcus & Millichap
    O: 954-245-3430
    gabriel.shamay@marcusmillichap.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.

    10901 Harts Road

    Jacksonville, FL 32218

    Red Roof Inn

    Listing ID: 275641
    • 10901 Harts Road Jacksonville, FL 32218 | for Sale | Photo 1
    • 10901 Harts Road Jacksonville, FL 32218 | for Sale | Photo 2
    10901 Harts Road | for Sale | Thumbnail 1
    10901 Harts Road | for Sale | Thumbnail 2
    Building Size: 21,921 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $168.79
    Land $/SF:
    Price
    $3,700,000
    Property Highlights
    Excellent Entry-Level Property for A First-Time Hotel Investor
    Ideal Owner-Operator Opportunity
    Includes Manager Suite Contains Two Bedrooms, Two Bathrooms, and a Kitchenette
    Description

    Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 60-room Red Roof Inn located in Jacksonville, Florida - the most populous city in the State of Florida and the southeastern United States. The property is a three-story, limited-service hotel located directly off Interstate 95 and a short drive to both the Jacksonville Cruise Port as well as Jacksonville International Airport. The property is also located within close approximity to a variety of other demand generators including: Interstate 295, Jacksonville Zoo & Gardens, UF Health Jacksonville, and TIAA Bank Field, among others. The Red Roof Inn offers investors the opportunity to acquire a recently renovated property in an established and growing market with zero expected Property Improvement Plan (PIP) costs.

    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 Specialty Real Estate for Sale

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    Jacksonville Area Market Trends

    Listing Demographics for 10901 Harts Road Jacksonville, FL 32218

    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 Population6,20542,386114,579
    Population Median Age363637
    Population by Age0-9 Yrs832 (13%)5595 (13%)16019 (13%)
    10-19 Yrs798 (12%)6592 (15%)16308 (14%)
    20-29 Yrs1115 (17%)6426 (15%)15771 (13%)
    30-39 Yrs891 (14%)5620 (13%)15316 (13%)
    40-49 Yrs680 (10%)4968 (11%)13118 (11%)
    50-59 Yrs810 (13%)5568 (13%)15544 (13%)
    60-69 Yrs790 (12%)4382 (10%)12515 (10%)
    70+ Yrs290 (4%)3236 (7%)9988 (8%)
    Median HH Income$42,454$46,376$44,506
    Total Household Income< 24K600 (25%)4175 (26%)12177 (28%)
    25-49K720 (30%)4088 (26%)11499 (26%)
    50-74K475 (20%)3100 (20%)8267 (19%)
    75-99K264 (11%)1845 (11%)4444 (10%)
    100-199K241 (10%)1995 (12%)5475 (12%)
    200K+66 (2%)286 (1%)807 (1%)
    Highest Education LevelNo Diploma359331910187
    Diploma or GED1205896524906
    Some College1182757818593
    Assoc. Degree48428047544
    Bachelors Degree34231009538
    Higher Degree45616124088
    Total Housing Units2,72717,94149,158
    --Owner-Occupied1,0118,70723,388
    --Renter-Occupied1,3556,78219,281
    Owner-Occupied Values< 100K39033269416
    100-199K45137058068
    200-299K14112524276
    300-399K14159998
    400-499K034192
    500K+16230437
    Total Working Age Population4,83532,86088,374
    In Work Force2,90020,55753,910
    Not In Work Force1,93412,30334,464
    Workforce Employed2,68118,59748,980
    Workforce Unemployed1601,5614,134
    Civlian Workforce2,84020,15753,114
    Military Workforce60400796
    Total Households2,36615,48842,669
    Family Households1,46610,18527,235
    Non-Family Households9005,30415,434
    Married Couple7035,61614,942
    Other Family7634,56812,292
    Married w/Child2261,9775,351
    Single Male w/Child18399847
    Single Female w/Child3541,9665,203

    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
    Nassau County57,663+2773,314+1886,416+18102,124

    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 10901 Harts Road in Jacksonville?
    The asking price for 10901 Harts Road is $3,700,000
    What is the building size of this Specialty property in Jacksonville, FL?
    The size of the building/unit at 10901 Harts Road in Jacksonville is 21,921 square feet
    What kind of Specialty is the propery at 10901 Harts Road?
    The property at 10901 Harts Road Jacksonville, FL 32218 is listed as a Hotel/Motel/Resort Specialty property
    What is the population within 1 mile of 10901 Harts Road in Jacksonville?
    The population within 1 mile of 10901 Harts Road Jacksonville, FL 32218 is 6,205 people.
    Who do I contact for questions about 10901 Harts Road?
    You should contact the listing agent, David Greenburg, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Jacksonville International Airport (JAX) 5
    Daytona Beach International Airport (DAB) 94
    Orlando Sanford International Airport (SFB) 117
    Price
    $3,700,000
    Listing Agent
    Listing Co-Agent
    David Greenburg - CRE Agent at Marcus & Millichap

    Christopher Passeggiata

    Independent Agent
    Listing Co-Agent
    David Greenburg - CRE Agent at Marcus & Millichap

    Gabriel Shamay

    Independent Agent
    More listings from David Greenburg
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