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7155 Highway 17

10,009 SF Industrial Building Fleming Island, FL 32003 $2,338,825 CAD ($234 CAD/SF)

Investment Highlights

  • Well-Located Industrial Conversion Opportunity
  • 100% Air-Conditioned, Clear Span, and Yard potential
  • High Income and Growing Neighborhood

Executive Summary

Marcus & Millichap, as exclusive advisor, is pleased to present 7155 Hwy 17, Fleming Island, FL 32003 ("the Property") for sale. This 10,009 square foot property was built in 1997 as a gymnastics studio, with clear potential to convert to a grade-level industrial building. This building is clear-span, with clear heights ranging from 19' to 23'. There is a 1,000 square foot office in the front of the building with a 1,000 square foot mezzanine space, currently used for spectators. This building currently has four bathrooms and is fully insulated and air-conditioned.
This building offers a prime conversion opportunity for an industrial user looking to locate in a high income area of Clay County, an area with extremely limited industrial inventory. By adding one or two roll-up doors on the side of the building and filling in a five-foot jump pit, this building will be immediately ready for simple storage. For more intense usage, the parking lot can be expanded to facilitate outside storage and Clay Electric has indicated that three-phase power service can be implemented here.
Fleming Island is a high income neighborhood located in Southwest Jacksonville, between Orange Park and Green Cove Springs. With the recent announcement of a 4,000 home master-planned community in Green Cove Springs and progress on the new Greenway Highway, this area will have a sharp increase in expensive homes and will likely require specialty services to meet local needs.
Jacksonville is the fourth-largest metro in Florida and has been a prime industrial location due to the intersection of I-10 and I-95, CSX Rail Infrastructure and headquarters, and JAXPORT's terminals along the St. Johns River. This City continues to experience high population and income growth across the metro.

Property Facts

Price $2,338,825 CAD
Price Per SF $234 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 1.82 AC
Rentable Building Area 10,009 SF
No. Stories 1
Year Built 1997
Tenancy Single
Parking Ratio 3.1/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38-05-26-014705-001-03
Land Assessment
$352,623 CAD
Improvements Assessment
$299,430 CAD
Total Assessment
$652,053 CAD

zoning

Zoning Code BB (Intermediate Business District that allows for businesses that support vehicular traffic)
BB (Intermediate Business District that allows for businesses that support vehicular traffic)
  • Listing ID: 31753388

  • Date on Market: 2024-05-09

  • Last Updated:

  • Address: 7155 Highway 17, Fleming Island, FL 32003

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