Industrial Investment For Sale

11400 Boote Blvd Jacksonville, FL 32218

11400 Boote Blvd, Jacksonville, FL, 32218
11400 Boote Blvd, Jacksonville, FL, 32218
FOR SALE NNN Property
Property Type:
Industrial
Amount:
$4,500,000
Cap Rate:
7.60%
Last Verified:
Mar 19, 2020

ASKING PRICE: $4,500,000
CAP RATE: 7.6% going in
OWNERSHIP INTEREST: Fee Simple Absolute
ADDRESS: 11400 Boote Blvd, 11506 Boote Blvd, 0 Boote Blvd
BUILDINGS: Two modular offices: 2,100 + 2,275 SF

COUNTY: Duval
TAX PARCEL: # 1096170110, 1096270030, 1096170000, 1096170150
ZONING: IL - Light Industrial
ACREAGE: ± 20.69


Map of 11400 Boote Blvd, Jacksonville, FL, 32218

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.