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550 Balmoral Circle N, JACKSONVILLE, FL 32218
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550 Balmoral Circle N
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  • MLS#: GC524992 ( Commercial Sale )
  • Street Address: 550 Balmoral Circle N
  • Viewed: 41
  • Price: $2,499,999
  • Price sqft: $198
  • Waterfront: No
  • Year Built: 1988
  • Bldg sqft: 12600
  • Days On Market: 295
  • Additional Information
  • Geolocation: 30.4282 / -81.6532
  • County: DUVAL
  • City: JACKSONVILLE
  • Zipcode: 32218
  • Subdivision: Busch Drive Bus Park
  • Provided by: COLDWELL BANKER COMMERCIAL PREMIER PROPERTIES
  • Contact: Eric Maimo
  • 904-827-1717
  • mfrmls
  • DMCA Notice
  • 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.
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Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. 41-41 49-1S-26E 2.071 BUSCH DRIVE BUSINESS PARK PT TRACT G RECD O/R 20444-2022
Levels
  1. One
Living Area
  1. 12600.00
Area Major
  1. 32218 - Jacksonville
Net Operating Income
  1. 188762.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 044279-0700
Property Condition
  1. Completed
Property Type
  1. Commercial Sale
Road Frontage Type
  1. City Street
Tax Year
  1. 2023
Township
  1. 01
Views
  1. 41
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/GC524992
Year Built
  1. 1988
Zoning Code
  1. CCG-1
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