REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,480,492
Est. payment /mo
Price Dropped by $19K
550 BALMORAL CIR N Jacksonville, FL 32218
12,600 SqFt
UPDATED:
09/10/2024 09:12 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 12,600 sqft
Price per Sqft $196
MLS Listing ID 2046001
HOA Y/N No
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1988
Annual Tax Amount $22,351
Lot Size 2.180 Acres
Acres 2.18
Property Description
The Busch Professional Office Pavilion Investment offers a rare opportunity in North Jacksonville's thriving Busch Drive Business Park. This low vacancy office complex features many brand-new 5-year leases across its office suites, ensuring stable and predictable income. Additionally, the property is undergoing a full conversion into office condominiums, further enhancing its long-term value and appeal to investors. This unique offering represents a strategic investment in a high-demand location with significant growth potential.
Location
State FL
County Duval
Area 095-San Mateo/Eastport
Direction This location offers easy access to the bustling I-95 highway. Specifically, it is located near the Dunn Avenue and Busch Drive exit, making it highly accessible for commuters and visitors alike.
Exterior
Utilities Available Sewer Available, Water Available
Waterfront No
Private Pool No
Building
Lot Description Other
Others
Senior Community No
Tax ID 0442790700
Listed by COLDWELL BANKER PREMIER PROPERTIES