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16105 N Main St

3.27 - 7.45 Acre Commercial Land Lots Offered at $250,000 - $375,000 Per Lot in Jacksonville, FL

ABOUT 16105 N Main St , Jacksonville, FL 32218

  • Listing ID: 18485881
  • Date Created: 2/11/2020
  • Last Updated:

2 Lots Available

Lot 1

Coming Soon... Residential

Lot 2

Coming Soon... Commercial

Description

Market-rate single and multifamily affordable housing demand drivers come mostly from the area’s history as an affordable, efficient logistics node. North Side has several large industrial projects under construction, comprising millions of SF and much more in the proposed pipeline. Should any single mega-project move forward, or any one of a dozen smaller projects, demand for housing in the sub-market is almost certain to jump. I-295 and I-95 provides easy access to Jacksonville’s revitalizing downtown, with several major employers announcing office-using job additions.

Investment Highlights

  • Location
  • Near the JAX airport
  • Near I-295 and I-95

Executive Summary

16105 N Main Street2 Lots Totaling 10.72 Acres
Lot 1: RR-Acre @ 8.47 Acres
Lot 2: CCG-2 @ 2.5 Acres
With little inventory, North Side is subject to fluctuations in vacancy and rent growth as new deliveries come on line. The sub-market is decidedly logistics driven, containing Jacksonville’s main seaport; the International Airport; I-95; and the Jacksonville perimeter, I-295. Blue-collar jobs have a significant presence as the sub-market sees burgeoning industrial growth, in part due to North Side’s transportation infrastructure. While rent growth has also fluctuated over the expansion, landlords have pushed rents aggressively. There were two high-profile transactions in 2019, including one of the newest properties to deliver in the North Side expansion.

Transportation

airplane iconAirport

Jacksonville International Airport
14 min drive 7.2 mi

PROPERTY TAXES

zoning

Zoning Code RR-acre and CCG-2 (Lot 1: RR-Acre @ 8.47 Acres // Lot 2: CCG-2 @ 2.5 Acres)

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