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1221 E 16th St - School House #8 48,736 SF Specialty Building Offered at $3,237,556 CAD in Jacksonville, FL 32206
Investment Highlights
- 2.17-acre lot with existing 48,736 sq.ft. structure and plans for 120,000 sq.ft. addition.
- Includes entitlements and extra parking potential on adjacent corner lot.
- Close to major projects like Shipyards, Gateway, Laura Street Trio, MOSH, and stadium upgrades.
- PUD zoning allows multi-family, condos, hospitality, medical, and commercial uses.
- Located 2 miles from Jaguars Stadium within a $4B redevelopment corridor.
- Cooling, heating, and accessibility features available.
Executive Summary
The sale includes plans and entitlements to construct a new storage structure of approximately 120,000 sq.ft. and maximum height of 90ft on the east side of the site in addition to the existing 48,736 sq.ft. brick structure which has already been rezoned PUD. The PUD zoning allows for 144 multi family or condo units, hospitality, educational, medical and commercial. There is additional parking potential on the vacant lot on the corner of Franklin/17th for future ventures. •Located just 2 miles from Jaguars Stadium, this site is strategically positioned in a booming development corridor, where over an estimated $4 billion in new projects are underway. Ideal for condos, a boutique hotel, medical, educational or commercial office space, this historic landmark presents a thrilling opportunity to create a dynamic, high-demand destination. •Projects underway in less than 2 miles away: The Shipyard development which includes a Four Seasons Hotel and Private Residence and luxury office space, Gateway project which spans an estimated 20 blocks and consists of multi-family, retail and additional mixed use, Laura Street Trio (consists of an Autograph Marriot and an upscale restaurant space), Mosh science museum, $1.3 billion renovations to the Jaguar Stadium and much more.
Property Facts
| Price | $3,237,556 CAD | Building Class | C |
| Price Per SF | $66.43 CAD | Lot Size | 2.40 AC |
| Sale Type | Investment or Owner User | Building Size | 48,736 SF |
| Sale Condition | Redevelopment Project | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1910 |
| Property Subtype | Schools | ||
| Zoning | PUD - Planned Unit Development | ||
| Price | $3,237,556 CAD |
| Price Per SF | $66.43 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | C |
| Lot Size | 2.40 AC |
| Building Size | 48,736 SF |
| No. Stories | 2 |
| Year Built | 1910 |
| Zoning | PUD - Planned Unit Development |
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 113567-0010 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,205,090 CAD |
Property Taxes
Parcel Number
113567-0010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,205,090 CAD
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1221 E 16th St - School House #8
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