354 Park

INDUSTRIAL COMPS

RECENTLY SOLD

1505 Dennis Street RBA 69,348 SF Acres 3.30

141 N Myrtle Ave RBA

40,000 SF

Acres

1.10

$991,180 ($14.29/SF)

$1,300,000 ($32.50/SF)

Price

Price

Year Bui lt

Year Bui lt

Demolished

1929

Date Sold

Date Sold

9/30/2019

8/25/2020

2121 Edison Ave RBA

925 N Ocean St RBA

27,021 SF

30,000 SF

Acres

Acres

1.14

1.53

$1,722,550 ($63.75/SF)

$615,000 ($20.50/SF)

Price

Price

Year Bui lt

Year Bui lt

1967

1950

Date Sold

Date Sold

12/10/2019

4/6/2020

1037 Hendricks Ave RBA 22,355 SF Acres 0.99

$2,000,000 ($89.47/SF)

Price

Year Bui lt

1954

Date Sold

4/5/2021

INDUSTRIAL USE VALUATION

HIGHEST PRICE

MIDDLE PRICE

LOWEST PRICE

Glove Fit User (Another Laundry Facility)

Downtown User

All Jacksonville User

$3,612,570 ($65.00/SF)

$2,778,900 ($50.00/SF)

$2,389,854 ($43.00/SF)

**Comparable properties and the subject property were not inspected. Information obtained within was based on public county data programs and C&W subscribed programs typically used for research. Landsquare footage could not be confirmed but rather estimated based on informa- tion provided by the owner or public county programs. Further, pricing is subject to in-place entitlements and concurrency for office use.